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Stock impact report

Tilray's Stock Is as Cheap as It's Been Since 2020. 1 Thing to Know Before You Buy. [Yahoo! Finance]

Tilray Brands, Inc. - Class 2 (TLRY) 
Last tilray brands, inc. - class 2 earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares traded above 2.4 times sales roughly 12 months ago, yet now trade at just 0.6 times sales despite growing revenue. This looks like a great entry point for growth investors. But before you jump in, there's one critical piece of information you should understand. Tilray's cannabis pharmaceutical business has grown by leaps and bounds over the years. Five years ago, the company was generating only $400 million in annual revenue. Since then, sales have more than doubled. But there's a problem: Profitability remains elusive, even as sales growth has stagnated. When sales were growing rapidly, the market was willing to assign Tilray a premium valuation. Sure, the company was still generating losses, but that was an acceptable situation as long as revenue continued to grow quickly. Next quarter, however, analysts now predict year-over-year revenue growth of just 13.5%. Roughly 12 months ago, estimates were calling for 26% revenue growth. This collapse has contributed to the sh Show less Read more
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