Leafly (LFLY) Stock Price, News & Analysis

Company Overview

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 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.

Key Stats

• Today's Range: $1.70 to $1.79
• 50-Day Range: $1.77 to $2.49
• 52-Week Range: $1.37 to $7.15
• Volume: 11,617 shs
• Average Volume: 432,935 shs
• Market Capitalization: $4.47 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.59
• Consensus Rating: Buy

Leafly Stock Analysis - MarketRank™

Leafly scored higher than 53% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Leafly has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Leafly has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Leafly is -0.59, 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 -0.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.32% 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, 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 52.50%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Leafly does not currently pay a dividend.

Dividend Growth

Leafly does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.32% 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, 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 52.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Leafly has a news sentiment score of 1.43. 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 higher news sentiment than the 0.68 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Leafly this week, compared to 0 articles on an average week.

MarketBeat Follows

Only 1 people have added Leafly to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Leafly insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.60% of the stock of Leafly is held by insiders.

Percentage Held by Institutions

Only 15.55% of the stock of Leafly is held by institutions.

LFLY Stock Analysis - Frequently Asked Questions

How have LFLY shares performed this year?

Leafly's stock was trading at $4.81 at the beginning of 2024. Since then, LFLY stock has decreased by 63.8% and is now trading at $1.74.
View the best growth stocks for 2024 here.

How were Leafly's earnings last quarter?

Leafly Holdings, Inc. (NASDAQ:LFLY) posted its quarterly earnings results on Thursday, August, 8th. The company reported ($0.55) EPS for the quarter. The company earned $8.72 million during the quarter.

When did Leafly's stock split?

Shares of Leafly 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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Leafly own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Leafly investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Disc Medicine (IRON), Jabil (JBL), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/31/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:LFLY
• CUSIP: N/A
• CIK: 1785592
• Web: www.meridacap.com
• Phone: 206-455-9504
• Fax: N/A
• Employees: 260
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.59
• High Stock Price Target: $9.18
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +336.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,500,000.00
• Net Margins: -16.61%
• Pretax Margin: -16.61%
• Return on Equity: N/A
• Return on Assets: -29.22%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.51
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $38.10 million
• Price / Sales: 0.12
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($5.72) per share
• Price / Book: -0.30

Miscellaneous

• Outstanding Shares: 2,571,000
• Free Float: 2,376,000
• Market Cap: $4.47 million
• Optionable: Optionable
• Beta: 0.93