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

Green Thumb Industries (OTCMKTS:GTBIF) is anticipated to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Green Thumb Industries to post 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 Trading Down 5.6 %

GTBIF opened at $6.80 on Wednesday. Green Thumb Industries has a 12-month low of $6.75 and a 12-month high of $16.33. The business’s fifty day simple moving average is $7.48 and its 200-day simple moving average is $9.18. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 28.33 and a beta of 1.31.

Analyst Ratings Changes

Separately, Roth Capital raised Green Thumb Industries to a “strong-buy” rating in a research report on Sunday, November 10th. Two analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Strong Buy” and an average target price of $16.50.

About Green Thumb Industries

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.