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 Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

Numinus Wellness: Eight Capital Initiates With $1.10 Price Target

Last week, Eight Capital launched coverage on a basket of psychedelic companies. This comes after...

Monday, September 20, 2021, 02:41:00 PM

Canaccord Names Trulieve, Ayr Wellness Among 2022 Top Picks

On December 14th, Canaccord Genuity released their top picks going into 2022, with names like...

Thursday, December 16, 2021, 03:35:00 PM

Canopy Growth: BofA Raises Price Target On The Back Of MORE Act Vote

This morning BofA Securities raised their 12-month price target on Canopy Growth Corp (TSX: WEED)...

Monday, November 30, 2020, 02:17:00 PM

Ayr Wellness: Canaccord Reiterates $70 Price Target Following Earnings

Earlier this week, Ayr Wellness (CSE: AYR.a) reported their first-quarter earnings. The company reported revenues...

Friday, May 28, 2021, 04:02:00 PM

K92: BMO Anticipates Stage 3 Expansion To Come Earlier Than Expected

On October 7th, K92 Mining Inc. (TSX: KNT) announced that the board of directors has...

Friday, October 15, 2021, 04:33:00 PM