Green Thumb Industries (GTBIF) Expected to Announce Earnings on Wednesday

Green Thumb Industries (OTCMKTS:GTBIF) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Green Thumb Industries Stock Performance

Shares of GTBIF stock opened at $6.80 on Wednesday. Green Thumb Industries has a fifty-two week low of $6.75 and a fifty-two week high of $16.33. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 28.33 and a beta of 1.31. The stock’s 50-day simple moving average is $7.48 and its 200-day simple moving average is $9.18.

Analysts Set New Price Targets

Separately, Roth Capital upgraded Green Thumb Industries to a “strong-buy” rating in a research note on Sunday, November 10th. Two research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Strong Buy” and an average target price of $16.50.

Green Thumb Industries Company Profile

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.