cbdMD, Inc. produces and distributes various cannibidiol (CBD) products in the United States. It operates through three segments: Products, Licensing, and Entertainment. The Products segment produces and markets CBD tinctures, capsules, gummies, bath bombs, vape oils, topical creams, and animal treats and oils under the cdbMD brand. The Licensing segment establishes brands through licensing of select products/categories focusing on health and wellness, and men's lifestyle products. The Entertainment segment produces and markets various entertainment distribution platforms under the EE1 brand. This segment offers recordings, film, TV, Web and live events, and entertainment experiences; and brand management services, including creative development and marketing, brand strategy, and distribution support. cbdMD, Inc. also provides hair care products, including shampoos, conditioners, styling aides, and a patented styling tool through retailers and online outlets. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was founded in 2015 and is based in Charlotte, North Carolina.
Industry, Sector and Symbol
Industry Marketing Services
Sub-IndustryN/A
SectorConsumer Cyclical
CIKN/A
Phone704-445-5800
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees50
Next Earnings Date12/12/2019 (Estimated)
OptionableNot Optionable
cbdMD (NYSEAMERICAN:YCBD) Frequently Asked Questions
What is cbdMD's stock symbol?
cbdMD trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "YCBD."
How were cbdMD's earnings last quarter?
cbdMD, Inc. (NYSEAMERICAN:YCBD) announced its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.24) earnings per share for the quarter. The business earned $9.78 million during the quarter. View cbdMD's Earnings History.
When is cbdMD's next earnings date?
What guidance has cbdMD issued on next quarter's earnings?
cbdMD updated its FY 2020 earnings guidance on Wednesday, August, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $80-90 million, compared to the consensus revenue estimate of $60 million.
What price target have analysts set for YCBD?
1 analysts have issued 12-month price objectives for cbdMD's shares. Their forecasts range from $9.00 to $9.00. On average, they expect cbdMD's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 152.8% from the stock's current price. View Analyst Price Targets for cbdMD.
What is the consensus analysts' recommendation for cbdMD?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for cbdMD in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for cbdMD.
Has cbdMD been receiving favorable news coverage?
News coverage about YCBD stock has been trending neutral recently, InfoTrie reports. The research firm scores the sentiment of media 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 positive five, with scores closest to five being the most favorable. cbdMD earned a news impact score of 0.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for cbdMD.
Are investors shorting cbdMD?
cbdMD saw a increase in short interest in September. As of September 30th, there was short interest totalling 2,780,000 shares, an increase of 7.8% from the August 30th total of 2,580,000 shares. Based on an average daily trading volume, of 172,400 shares, the days-to-cover ratio is currently 16.1 days. Currently, 13.3% of the shares of the stock are short sold. View cbdMD's Current Options Chain.
Who are some of cbdMD's key competitors?
Some companies that are related to cbdMD include QMS Media (QMS), IVE Group (IGL), Wellcom Group (WLL), GTN (GTN), Tremor International (TRMR), Taptica International (TAP), Cello Health (CLL), Salmat (SLM), Trimantium Growthops (TGO), NAHL Group (NAH), I Synergy Group (IS3), Ebiquity (EBQ), Arena Events Group (ARE), System1 Group (SYS1) and Tech Mpire (TMP).
What other stocks do shareholders of cbdMD own?
How do I buy shares of cbdMD?
Shares of YCBD 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 cbdMD's stock price today?
One share of YCBD stock can currently be purchased for approximately $3.56.
How big of a company is cbdMD?
What is cbdMD's official website?
How can I contact cbdMD?
The company can be reached via phone at 704-445-5800.
MarketBeat Community Rating for cbdMD (NYSEAMERICAN YCBD)
MarketBeat's community ratings are surveys of what our community members think about cbdMD and other stocks. Vote "Outperform" if you believe YCBD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe YCBD will underperform the S&P 500 over the long term. You may vote once every thirty days.
