Green Thumb: Fourth Quarter Analyst Consensus Estimates

Green Thumb Industries (CSE: GTII) announced that they will be reporting their fourth quarter and year end financials after hours on March 17th. Analysts have a consensus C$49.69 12-month price target on the company, via a total of 14 analysts, with three analysts having a strong buy rating and the other 11 have buy ratings. The street high comes from BTIG with a C$73 price target, and the lowest target comes from Beacon Securities with a C$33 price target.

Fourteen analysts have revenue estimates for the fourth quarter. The mean between all 14 is U$167.2 million; this number has been revised upwards from U$166.47 million at the start of the year. BTIG currently has the highest revenue estimate with U$183.50 million, while the lowest comes from Benchmark with a U$152 million estimate.

For the full year, the average revenue estimate between 14 analysts is currently U$549.81 million. This number has been revised upwards from U$548.98 million at the start of the year. The street high comes from Cormark with a U$564.7 full-year revenue estimate.

Onto EBITDA estimates, there are currently 12 analysts who have fourth-quarter EBITDA estimates. The mean is currently U$57.42 million, with this number being revised upwards from U$55.63 million at the start of the year. Street high goes to BITG with a U$72.80 million EBITDA estimate and the lowest being Benchmark with a U$44 million estimate.

For the full year, the current EBITDA mean across 13 analysts is U$172.17 million. This number has been revised upwards from U$170.91 million at the start of the year. BITG currently has the highest full-year estimate at U$187 million and the lowest being Benchmark with a U$158 million estimate.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Canadian Gold Drills 19.5 g/t Gold Over 1.0 Metre At Lac Arsenault

Canadian Copper Secures Key Approval for Caribou Complex Acquisition

Related News

Take-Two: BMO Cuts Target, Foresees Weakness In Microtransactions

On September 1st, BMO Capital Markets reiterated their outperform rating on Take-Two Interactive Software, Inc....

Saturday, September 3, 2022, 01:07:00 PM

Canaccord: “Gold’s Ready For Liftoff”

On Monday, Canaccord put out a precious metals industry update, saying, “The war in Ukraine...

Wednesday, March 9, 2022, 05:08:00 PM

CareRx: Canaccord Raises Price Target To $6.50 Following Financing

Earlier this week, CareRx Corp (TSX: CRRX) closed their C$21.2 million bought deal. Notably, $6.25...

Friday, February 5, 2021, 11:45:00 AM

Eldorado Gold: Analyst Ratings Unchanged Despite Production Beats

Eldorado Gold (TSX: ELD) released their Q2’20 preliminary results earlier this week, which included production...

Saturday, July 11, 2020, 08:30:00 AM

WeedMD: Canaccord Initiates Coverage With $0.60 Price Target

Yesterday morning, Canaccord Genuity initiated coverage on WeedMD Inc (TSXV: WMD) with a C$0.60 12-month...

Thursday, March 25, 2021, 11:47:00 AM