NASDAQ:LFLY

Leafly (LFLY) Stock Forecast, Price & News

$6.93

-0.86 (-11.04%)

(As of 09/22/2023 ET)

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Today's Range: $6.50
▼
$7.82
50-Day Range: $5.76
▼
$170.20
52-Week Range: $4.68
▼
$21.24

Volume: 46,273 shs
Average Volume: 34,806 shs
Market Capitalization: $14.35 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Leafly MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.54
Based on 3 Articles This Week
Insider Trading: Selling Shares
$7,212 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($5.80) to ($3.20) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.64 out of 5 stars

Medical Sector

846th out of 967 stocks

Prepackaged Software Industry

171st out of 195 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Leafly.

5.0

Short Interest

Percentage of Shares Shorted
0.04% of the float of Leafly has been sold short.
Short Interest Ratio / Days to Cover
Leafly has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Leafly has recently decreased by 96.03%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Leafly does not currently pay a dividend.
Dividend Growth
Leafly does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LFLY.

1.9

News and Social Media Coverage

News Sentiment
Leafly has a news sentiment score of -0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Leafly this week, compared to 1 article on an average week.
Search Interest
5 people have searched for LFLY on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
2 people have added Leafly to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Leafly insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,212.00 in company stock.
Percentage Held by Insiders
11.30% of the stock of Leafly is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 9.22% of the stock of Leafly is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Leafly are expected to grow in the coming year, from ($5.80) to ($3.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Leafly is -4.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Leafly is -4.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Leafly (NASDAQ:LFLY) Stock

Leafly Holdings, Inc. owns and operates a platform to provide consumers with cannabis information and connects consumers to cannabis brands and licensed retailers. The company offers subscription-based marketplace listings, digital advertising solutions, and software as a service-based tools to cannabis retailers and brands; and information, reviews, menus, and ordering and delivery options to its audience through its website and mobile applications. Leafly Holdings, Inc. was founded in 2010 and is headquartered in Seattle, Washington.

LFLY Price History

30 days | 90 days | 365 days | Advanced Chart

LFLY Stock News Headlines

September 23, 2023 | benzinga.com

Court Orders Temporary Block On NY Cannabis Regulations As Legal Battle Over Weed Advertising Heats Up

September 22, 2023 | benzinga.com

Leafly Challenges Certain New York Cannabis Regulations; Court Enters Order Blocking Enforcement

September 24, 2023 | Legacy Research (Ad)

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk

I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.

September 21, 2023 | benzinga.com

New York's Cannabis Regulators Can't Catch A Break From Lawsuits, Leafly Is Next On The Docket

September 14, 2023 | americanbankingnews.com

Short Interest in Leafly Holdings, Inc. (NASDAQ:LFLY) Decreases By 96.0%

September 12, 2023 | benzinga.com

Leafly's 1-for-20 Reverse Stock Split Takes Effect As Online Cannabis Marketplace Attempts To Remain On Nasdaq

September 11, 2023 | finance.yahoo.com

Leafly's Take: Cannabis Reclassification, Consumer Choices And The Budtender Connection

September 11, 2023 | finance.yahoo.com

Leafly Announces 1-for-20 Reverse Stock Split

September 24, 2023 | Legacy Research (Ad)

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk

August 25, 2023 | seekingalpha.com

LFLYW Leafly Holdings, Inc. WT EXP 020427

August 11, 2023 | benzinga.com

Leafly's Q2 2023 Earnings Report Highlights Positive EBITDA Amid Revenue Dip

August 11, 2023 | msn.com

Leafly Holdings, Inc. (LFLY) Reports Q2 Loss, Tops Revenue Estimates

August 11, 2023 | finance.yahoo.com

Leafly Holdings, Inc. Reports Second Quarter 2023 Financial Results

August 8, 2023 | msn.com

Eli Lilly (LLY) Q2 Earnings and Revenues Top Estimates

July 18, 2023 | finance.yahoo.com

Leafly to Announce Second Quarter 2023 Financial Results on August 10, 2023

June 28, 2023 | msn.com

Why Theriva Biologics Are Trading Higher By Over 76%; Here Are 20 Stocks Moving Premarket

June 5, 2023 | finance.yahoo.com

Leafly Holdings, Inc. (LFLY) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

May 25, 2023 | msn.com

WestPark Capital Initiates Coverage of Leafly Holdings (LFLY) with Hold Recommendation

May 18, 2023 | msn.com

Cannabis Industry's Diversity Problem Persists: This Groundbreaking CEO Program Provides Solutions

May 13, 2023 | msn.com

Benchmark Maintains Leafly Holdings (LFLY) Buy Recommendation

May 11, 2023 | msn.com

Leafly Holdings: Q1 Earnings Insights

May 11, 2023 | msn.com

Leafly Holdings, Inc. (LFLY) Reports Q1 Loss, Tops Revenue Estimates

May 11, 2023 | benzinga.com

Leafly Achieves Strong Q1 2023 Results: Revenue $11.2M, Net Loss Improves, Retail Accounts Grow By 5.2%

May 11, 2023 | finance.yahoo.com

Leafly Holdings, Inc. Reports First Quarter 2023 Financial Results

May 10, 2023 | bizjournals.com

Leafly requests hearing to avoid Nasdaq delisting

May 9, 2023 | seekingalpha.com

LFLY Leafly Holdings, Inc.

April 27, 2023 | finance.yahoo.com

Leafly to Announce First Quarter 2023 Financial Results on May 11, 2023

See More Headlines

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LFLY Company Calendar

Last Earnings: 8/10/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:LFLY
CUSIP: N/A
CIK: 1785592
Web: www.meridacap.com
Phone: 206-455-9504
Fax: N/A
Employees: 140
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.40)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $5.07 million
Net Margins: 6.23%
Pretax Margin: 6.23%
Return on Equity: N/A
Return on Assets: -49.35%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.12
Quick Ratio: 3.12

Sales & Book Value

Annual Sales: $47.36 million
Price / Sales: 0.30
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($3.20) per share
Price / Book: -2.17

Miscellaneous

Outstanding Shares: 2,070,000
Free Float: 1,837,000
Market Cap: $14.35 million
Optionable: Optionable
Beta: 1.19

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Key Executives

Ms. Yoko Miyashita (Age 47)
Pres, CEO & Director
Comp: $495.24k

Mr. Suresh Krishnaswamy (Age 54)
Chief Financial Officer
Comp: $439.9k

Ms. Deidre Boulware
Chief People Officer

Mr. Carlos Pinto
Chief Commercial Officer

Nicole C. Sanchez
Sr. Corp. & Securities Counsel and Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LFLY Stock - Frequently Asked Questions

Should I buy or sell Leafly stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leafly in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LFLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LFLY, but not buy additional shares or sell existing shares.
View LFLY analyst ratings or view top-rated stocks.
How have LFLY shares performed in 2023?: Leafly's stock was trading at $13.0380 at the beginning of 2023. Since then, LFLY stock has decreased by 46.8% and is now trading at $6.93.
View the best growth stocks for 2023 here.
Are investors shorting Leafly?: Leafly saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 11,600 shares, a decrease of 96.0% from the August 15th total of 292,000 shares. Based on an average trading volume of 18,400 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company's stock are short sold.
View Leafly's Short Interest.
When is Leafly's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our LFLY earnings forecast.
How were Leafly's earnings last quarter?: Leafly Holdings, Inc. (NASDAQ:LFLY) announced its quarterly earnings results on Thursday, August, 10th. The company reported ($0.80) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.80) by $1.00. The company earned $10.68 million during the quarter, compared to analyst estimates of $10.53 million. During the same quarter in the previous year, the firm posted ($4.20) EPS.
What ETF holds Leafly's stock ?: AXS Cannabis ETF holds 1,270,625 shares of LFLY stock, representing 2.50% of its portfolio.
When did Leafly's stock split?: Leafly's stock reverse split before market open on Tuesday, September 12th 2023. The 1-20 reverse split was announced on Tuesday, September 12th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, September 12th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What guidance has Leafly issued on next quarter's earnings?: Leafly issued an update on its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $11.00 million-$11.00 million, compared to the consensus revenue estimate of $10.93 million.
What is Leafly's stock symbol?: Leafly trades on the NASDAQ under the ticker symbol "LFLY."
Who are Leafly's major shareholders?: Leafly's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include AXS Investments LLC (3.08%), BlackRock Inc. (0.77%), Merlin Capital LLC (0.50%), Merlin Capital LLC (0.50%) and State Street Corp (0.22%). Insiders that own company stock include Brendan Kennedy, Chandler Cassandra Mcwilliams, David Cotter, Samuel James Louis Martin, Suresh Krishnaswamy and Yoko Miyashita.
View institutional ownership trends.
How do I buy shares of Leafly?: Shares of LFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Leafly's stock price today?: One share of LFLY stock can currently be purchased for approximately $6.93.
How much money does Leafly make?: Leafly (NASDAQ:LFLY) has a market capitalization of $14.35 million and generates $47.36 million in revenue each year. The company earns $5.07 million in net income (profit) each year or ($1.40) on an earnings per share basis.
How many employees does Leafly have?: The company employs 140 workers across the globe.
How can I contact Leafly?: Leafly's mailing address is 641 LEXINGTON AVENUE 18TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.meridacap.com. The company can be reached via phone at 206-455-9504 or via email at ir@leafly.com.

This page (NASDAQ:LFLY) was last updated on 9/24/2023 by MarketBeat.com Staff

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