Tilray (TLRY) stock: is it overbought?

4:43 pm ET, 12 Sep 2018


Tilray (TLRY) shares are trading at 109.60, up 14%. What's driving TLRY stock price? What's TLRY stock price forecast, and what should investors know about Tilray?

Tilray engages in research, cultivation, processing, and distribution of medical cannabis globally. It is the best performing US IPO for 2018 with a return of 277%. The stock has been the darling of the stock market as investors prepare for the beginning of recreational cannabis legal distribution in Canada.

The U.S. House panel is also expected to vote on a bill to expand research opportunities for marijuana.  The bulls say that the company will be a major player in the Canadian Cannabis recreational market. But the bears worry about the high valuation of the company.

The company’s second-quarter revenue rose 95% to $9.7 million with a net loss of $12.8 million compared to $2.4 million for the same quarter in 2017. The company’s products are now available in 11 countries and it is actively looking to expand its global reach.

What is the sentiment towards the TLRY stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending positive;
  • The mid-term sentiment (3-6 months) is neutral;
  • The long-term sentiment (9-12 months) is neutral. 

Over the last month, Tilray (TLRY) returned +272.09%.

Tilray (TLRY) average analyst price target ($52.00) is -42.13% below its current price ($89.86).

For the latest price and information on Tilray, please visit Finstead and search for "TLRY price" or "TLRY news".

Tilray (TLRY) Stock Guide

Updated at: 7:12 pm ET, 23 Sep 2020

Before we start: if you're looking for TLRY stock price, you can quickly find it out by visiting Finny and typing "TLRY quote". If you're looking for a quick scoop on TLRY stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "TLRY". You'll get all this info in one place. Or you can just type "TLRY news" to get the latest stock news.

Looking to buy or sell Tilray (TLRY)? Interested in getting the full scoop on TLRY, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this TLRY stock guide, we'll address key questions about TLRY, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are TLRY earnings?
2. TLRY buy or sell? What is TLRY Finny Score?
3. What are the reasons to buy TLRY? Why should I buy TLRY stock?
4. What are the reasons to sell TLRY? Why should I sell TLRY stock?
5. What are TLRY key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are TLRY earnings?

TLRY trailing 12-month earnings per share (EPS) is -$4.73.

Analysis

2. TLRY buy or sell? What is TLRY Finny Score?

#{finnyScore:60}Our quantitative analysis shows 3 reasons to buy and 2 reasons to sell TLRY, resulting in Finny Score of 60.

3. What are the reasons to buy TLRY? Why should I buy TLRY stock?

Here are the reasons to buy TLRY stock:

  • TLRY quarterly revenue growth was 10.10%, higher than the industry and sector average revenue growth (0.17% and 0.83%, respectively). See TLRY revenue growth chart.
  • TLRY PEG ratio (P/E adjusted for growth) is 0.59, which is low compared to its industry peers’ PEG ratios. See TLRY PEG chart.
  • TLRY cash to debt ratio is 0.30, higher than the average industry (0.13) and sector (0.16) cash to debt ratio. See TLRY cash to debt chart.

4. What are the reasons to sell TLRY? Why should I sell TLRY stock?

Let's look at the reasons to sell TLRY stock (i.e., the bear case):

  • TLRY short share of float is 21.52%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See TLRY short share of float chart.
  • TLRY short interest (days to cover the shorts) ratio is 3.19. The stock garners more short interest than the average industry, sector or S&P 500 stock. See TLRY short interest ratio chart.

Key Stats

5. What are TLRY key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for TLRY:

Metrics TLRY
Price $4.83
Average Price Target / Upside N/A
Average Analyst Rating N/A
Forward Dividend Yield 0.00%
Industry Drug Manufacturers - Specialty & Generic
Sector Healthcare
Number of Employees 330
Market Cap $820.3M
Forward P/E Ratio -10.75
Price/Book Ratio 4.46
Revenue (TTM) $184.08M
YoY Quarterly Revenue Growth 10.10%
Profit Margin -283.20%

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