NASDAQ:TLRY - Tilray Stock Price, News & Analysis

$30.48
-0.02 (-0.07 %)
(As of 09/18/2019 04:00 PM ET)
Today's Range
$30.15
Now: $30.48
$30.84
50-Day Range
$25.67
MA: $34.05
$44.81
52-Week Range
$25.15
Now: $30.48
$300.00
Volume543,933 shs
Average Volume2.40 million shs
Market Capitalization$2.98 billion
P/E RatioN/A
Dividend YieldN/A
Beta4.54
Tilray, Inc engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc is headquartered in Nanaimo, Canada.

Industry, Sector and Symbol

Industry Medicinals & botanicals
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TLRY
CUSIPN/A
CIKN/A
Phone844-845-7291

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$43.13 million
Book Value$2.12 per share

Profitability

Net Income$-67,720,000.00
Net Margins-121.73%

Miscellaneous

EmployeesN/A
Market Cap$2.98 billion
Next Earnings Date11/12/2019 (Estimated)
OptionableOptionable

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Tilray (NASDAQ:TLRY) Frequently Asked Questions

What is Tilray's stock symbol?

Tilray trades on the NASDAQ under the ticker symbol "TLRY."

How were Tilray's earnings last quarter?

Tilray Inc (NASDAQ:TLRY) posted its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.32) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.23) by $0.09. The company earned $45.90 million during the quarter, compared to analyst estimates of $40.25 million. Tilray had a negative net margin of 121.73% and a negative return on equity of 37.64%. The business's revenue for the quarter was up 373.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.17) earnings per share. View Tilray's Earnings History.

When is Tilray's next earnings date?

Tilray is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Tilray.

What price target have analysts set for TLRY?

16 Wall Street analysts have issued 1-year target prices for Tilray's shares. Their forecasts range from $37.00 to $81.10. On average, they anticipate Tilray's stock price to reach $57.9680 in the next year. This suggests a possible upside of 90.2% from the stock's current price. View Analyst Price Targets for Tilray.

What is the consensus analysts' recommendation for Tilray?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tilray in the last year. There are currently 3 sell ratings, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tilray.

What are Wall Street analysts saying about Tilray stock?

Here are some recent quotes from research analysts about Tilray stock:
  • 1. According to Zacks Investment Research, "Tilray, Inc. is a pharmaceutical company. It develops cannabis based medicines, drugs, drops and oil products. Tilray, Inc. is based in NANAIMO, Canada. " (8/16/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "We initiate at Underperform, PT $61. With arguably inferior positioning in parts of its business vs. certain peers (questionable Canada rec approach, less impressive US optionality, too much value credited to ABI/ABG), we struggle to justify the current valuation. We appreciate it is well placed in medical but future value here will be driven by IP for which little visibility near term. Its share structure also raises risk of increased volatility." (3/8/2019)

Has Tilray been receiving favorable news coverage?

Headlines about TLRY stock have been trending negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tilray earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Tilray.

Are investors shorting Tilray?

Tilray saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 6,249,500 shares, a decrease of 6.9% from the July 31st total of 6,712,900 shares. Based on an average trading volume of 1,700,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 28.6% of the shares of the company are short sold. View Tilray's Current Options Chain.

Who are some of Tilray's key competitors?

What other stocks do shareholders of Tilray own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tilray investors own include Canopy Growth (CGC), Cronos Group (CRON), Aurora Cannabis (ACB), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD), GW Pharmaceuticals PLC- (GWPH) and Square (SQ).

Who are Tilray's key executives?

Tilray's management team includes the folowing people:
  • Mr. Edward Wood Pastorius Jr., Chief Revenue Officer (Age 50)
  • Mr. Brendan Kennedy, Pres, CEO & Director (Age 46)
  • Mr. Mark Castaneda, CFO, Sec. & Treasurer (Age 53)
  • Dr. Catherine Jacobson, Director of Clinical Research & Member of Medical Advisory Board

When did Tilray IPO?

(TLRY) raised $135 million in an initial public offering (IPO) on Thursday, July 19th 2018. The company issued 9,000,000 shares at $14.00-$16.00 per share. Cowen and Company served as the underwriter for the IPO and Roth Capital Partners and Northland Securities were co-managers.

Who are Tilray's major shareholders?

Tilray's stock is owned by many different of retail and institutional investors. Top institutional shareholders include ETF Managers Group LLC (2.03%), Morgan Stanley (0.34%), Think Investments LP (0.16%), Vanguard Group Inc. (0.08%), Stelac Advisory Services LLC (0.07%) and BNP Paribas Arbitrage SA (0.05%). Company insiders that own Tilray stock include Brendan Kennedy, Christine StClare, Edward Wood Pastorius Jr and Mark Castaneda. View Institutional Ownership Trends for Tilray.

Which major investors are selling Tilray stock?

TLRY stock was sold by a variety of institutional investors in the last quarter, including Hellman Jordan Management Co. Inc. MA and Ladenburg Thalmann Financial Services Inc.. Company insiders that have sold Tilray company stock in the last year include Brendan Kennedy, Christine StClare, Edward Wood Pastorius Jr and Mark Castaneda. View Insider Buying and Selling for Tilray.

Which major investors are buying Tilray stock?

TLRY stock was bought by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Think Investments LP, Morgan Stanley, Vanguard Group Inc., Stelac Advisory Services LLC, BNP Paribas Arbitrage SA, Swiss National Bank and Southpoint Capital Advisors LP. Company insiders that have bought Tilray stock in the last two years include Brendan Kennedy and Edward Wood Pastorius Jr. View Insider Buying and Selling for Tilray.

How do I buy shares of Tilray?

Shares of TLRY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Tilray's stock price today?

One share of TLRY stock can currently be purchased for approximately $30.48.

How big of a company is Tilray?

Tilray has a market capitalization of $2.98 billion and generates $43.13 million in revenue each year. The company earns $-67,720,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis. View Additional Information About Tilray.

What is Tilray's official website?

The official website for Tilray is http://www.tilray.com/.

How can I contact Tilray?

Tilray's mailing address is 1100 Maughan Road, Nanaimo A1, V9X IJ2. The company can be reached via phone at 844-845-7291.


MarketBeat Community Rating for Tilray (NASDAQ TLRY)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  364 (Thanks for Voting!)
Underperform Votes:  396 (Thanks for Voting!)
Total Votes:  760
MarketBeat's community ratings are surveys of what our community members think about Tilray and other stocks. Vote "Outperform" if you believe TLRY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TLRY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/18/2019 by MarketBeat.com Staff

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