TSE:GRN

0.10
0.01 (5.56%) 1d
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Likes the sector, lots of runway. Renewable natural gas. Governments are increasing demand. On his radar. Will look at again when risk appetite in the market returns.
Financial Services
PAST TOP PICK
(A Top Pick Oct 15/21, Down 54%) The market is selling off small caps like this. Their pipeline is over $900 million and revenues are up 44% YOY. They have cash that they've been deploying into their projects. They have a macro tailwind for the next decade. Everything is moving in the right direction. Shares are down, because nobody wants to own small-caps now. They make renewable natural gas.
Financial Services
BUY
The renewable natural gas business has tailwinds for the next decade or more. Greenlane is his preferred way to invest in this. It is adding new projects and has a big backlog. Success is a function of building those projects. It has a capital arm and is deploying capital into them. Having some ownership and a part in the operation in these projects gives them recurrent cash flow rather than just selling and building them. The worst of the sell-off is over and he has recently added.
Financial Services
WATCH
Renewable nat gas is a trend that will continue to develop. Push to increase percentage of renewable power from 0.5% to 5-10% over the next decade. Tremendous opportunity. Owns 3 technologies. Pressure on small caps, Covid delayed projects. His eye is on it.
Financial Services
WATCH
Over the next decade, this area should be pushed by governments to have more nat gas in the pipeline, a tremendous tailwind. Tax-loss selling pressure, small cap effect. Fairly attractive valuation. He's watching to see when investors might jump on board.
Financial Services
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Their latest earnings matched EPS estimates. Revenues increased by 107% and the company has cited a growing sales pipeline. Should be profitable next fiscal year and it has demonstrated good revenue growth. Valuation is decent with no debt. If EV and green energy picks up momentum again, there can be a rotation back into this space. Unlock Premium - Try 5i Free

Financial Services
TOP PICK
Tailwind for natural gas for the next decade. Has $42M in backlog. Has grown revenues 100% since going public. It has consolidated and we should see a ramp up. If you are a longer term investor, you can buy and tuck away. (Analysts’ price target is $2.94)
Financial Services
BUY
Renewable nat gas, using a few different technologies. Engineering expertise is their niche. Doing quite well. That sector will have huge tailwinds for the next decade. Raised capital, strong balance sheet. Stock's pulled back this year, because of the industry. Continues to like it.
Financial Services
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A past top pick. It's a smaller version of Xebec, both in renewable natural gas, but got dragged down by Xebec's woes and Covid. He got stopped out of this, but is happy to reconsider it. There's a 5-15-year tailwind for this sector as governments legislate for more energy.

Financial Services
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. At 4x sales, it is more expensive than peers. Down 40% year to date, but still largely up compared to 1 year ago. Balance sheet is strong and growth rate is higher than average. Unlock Premium - Try 5i Free

Financial Services
WATCH

He owned once and recommend this as a past pick, but he got stopped out of it. He really likes the renewable natural gas sector they're in; it has huge future growth. GRN is different from its peers, because they use several technologies to create RNG. However, a peer, Xebec, were doing well until their most recent report missed numbers, and all these stocks declined a lot. He'll buy back this name at some point as governments demand more renewable nat gas.

Financial Services
WEAK BUY

A small cap, too small for him, but it's one of the leaders in renewable natural gas. They have three technologies to process nat gas, which puts them in an ideal, unique position to serve customers. RNG is in the early stages so there could be a lot of momentum if governments adopt RNG. This isn't a cheap stock, because it prices in many years of growth, which is partly justified. He likes GRN, but expects some volatility. But the independent Canadian power producers offer more stability and a lower valuation.

Financial Services
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported $8.8M in revenue, an increase of 167%. EBITDA was above break even. BTHey are now sitting on $26.5M in cash after recent financing. Sales pipeline is looking good. The sector as a whole looks good, and they have offered positive commentary. Unlock Premium - Try 5i Free

Financial Services
RISKY
Allan Tong’s Discover Picks Greenlane it’s another small-cap Canadian biogas play in the same business as XBX, but it boasts a lower PE of 50.6x. GRN-V has also met or beaten three of its last four quarters. On the negative side, GRN-V has a forward PE of 250x and a higher beta of 2.44. It’s choppier than XBX. Greenlane is less covered than Xebec, but boasts three buys at an average $2.82 price target or 11.46% upside, comparable to XBX. Read 6 Promising Green Energy Stocks for our full analysis.
Financial Services
PAST TOP PICK

(A Top Pick Feb 13/20, Up 233%) In the same space as XBX, renewable natural gas. Continues to like this as tailwinds are in this sector that will push this up for 5 years. The sector has enjoyed a lot of attention lately, so it could pullback. But this do well for the long term.

Financial Services
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Greenlane Renewables Inc.(GRN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Greenlane Renewables Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Greenlane Renewables Inc.(GRN-T) Frequently Asked Questions

What is Greenlane Renewables Inc. stock symbol?

Greenlane Renewables Inc. is a Canadian stock, trading under the symbol GRN-T on the Toronto Stock Exchange (GRN-CT). It is usually referred to as TSX:GRN or GRN-T

Is Greenlane Renewables Inc. a buy or a sell?

In the last year, there was no coverage of Greenlane Renewables Inc. published on Stockchase.

Is Greenlane Renewables Inc. a good investment or a top pick?

Greenlane Renewables Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Greenlane Renewables Inc..

Why is Greenlane Renewables Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Greenlane Renewables Inc. worth watching?

0 stock analysts on Stockchase covered Greenlane Renewables Inc. In the last year. It is a trending stock that is worth watching.

What is Greenlane Renewables Inc. stock price?

On 2024-12-23, Greenlane Renewables Inc. (GRN-T) stock closed at a price of $0.095.