ToughBuilt Industries - TBLT Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ToughBuilt Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TBLT shares.
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1 equities research analysts have issued 12 month price targets for ToughBuilt Industries' stock. Their TBLT share price forecasts range from $225.00 to $225.00. On average, they predict the company's share price to reach $225.00 in the next twelve months. This suggests a possible upside of 4,577.8% from the stock's current price.
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ToughBuilt Industries' stock was trading at $54.75 on January 1st, 2022. Since then, TBLT shares have decreased by 91.2% and is now trading at $4.81.
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ToughBuilt Industries, Inc. (NASDAQ:TBLT) released its quarterly earnings data on Monday, May, 23rd. The company reported ($14.04) earnings per share for the quarter. The firm had revenue of $17.20 million for the quarter. ToughBuilt Industries had a negative net margin of 58.14% and a negative trailing twelve-month return on equity of 81.11%.

ToughBuilt Industries's stock reverse split on Monday, April 25th 2022. The 1-150 reverse split was announced on Monday, April 25th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, April 25th 2022. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other ToughBuilt Industries investors own include Onconova Therapeutics (ONTX), Coty (COTY), T2 Biosystems (TTOO), Biocept (BIOC), Boxlight (BOXL), Remark (MARK), Sorrento Therapeutics (SRNE), Cloudera (CLDR), Ford Motor (F) and iBio (IBIO).

ToughBuilt Industries trades on the NASDAQ under the ticker symbol "TBLT."

ToughBuilt Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include Citadel Advisors LLC (5.88%), Millennium Management LLC (4.52%), Renaissance Technologies LLC (2.86%), TriaGen Wealth Management LLC (2.25%) and Credit Suisse AG (1.47%).
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Shares of TBLT 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.
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One share of TBLT stock can currently be purchased for approximately $4.81.

ToughBuilt Industries (NASDAQ:TBLT) has a market capitalization of $6.53 million and generates $70.03 million in revenue each year. The company earns $-37,530,000.00 in net income (profit) each year or ($55.8310) on an earnings per share basis.

ToughBuilt Industries' mailing address is 25371 Commercentre Drive Suite 200, Lake Forest CA, 92630. The official website for the company is www.toughbuilt.com. The company can be reached via phone at 949-528-3100 or via email at tblt@crescendo-ir.com.