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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Green Thumb Industries (GTII) is currently facing significant challenges, as highlighted by recent expert reviews. The company is experiencing continued negative stock momentum, with notable concerns over its financial performance, including projected earnings per share (EPS) expected to be lower than in 2021 due to limited growth opportunities. Additionally, while some insider buying indicates potential confidence from insiders, the broader sector remains troubled, and the stock's downward trajectory has been marked by a 14% decline in January alone. Experts believe that favorable changes in US legislation could provide much-needed support for the cannabis sector, but such developments appear to be a long way off, failing to instill optimism for the stock in the near term.

Consensus
Negative
Valuation
Overvalued
Similar
Cannabis,CRON
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

With continued negative stock momentum, some debt, and not a lot of growth expected (estimated EPS this year less than 2021) it is hard to get too excited about GTII. There has been some insider buying which is a good sign, but the sector continues to struggle and the stock is down another 14% in January alone. US legislation would certainly help but seems a long time coming. We would not have a lot of interest here.
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TOP PICK
It has one of the strongest teams, some of the strongest assets and some of the strongest markets in the cannabis sector. The stock is recovering now with the underlying business continuing to grow. Some of the institutional managers could come back. It is possible for a glut in Cannabis in the U.S. as well as the one already in Canada but some states have limited licenses which is good for companies in those areas. Buy 22, Hold 0. Sell 0 (Analysts’ price target is $30.77)
TOP PICK

Low interest in cannabis sector indicator on potential for investment returns going forward. Expanding across USA and Canada. Healthy balance sheet with good amount of cash. Regulation expected for cannabis which will help business.

WATCH
Allan Tong’s Discover Picks GTII had a rough Q1 earlier this year as operating EBITDA margin slid to 28%, though it recovered to 31% in Q2. Q1 also saw a 6% slide in comparable sales as inflation corroded any gains. In Q2, though, revenues climbed 5% and stabilized. Q1 same-store sales fell 6%. To be fair, the market sell-off has been particularly unkind to cannabis stocks. Curaleaf is the better buy here, but in the ever-changing world of weed, GTII is worth keeping on your watch list. Read 3 Cannabis Stocks to go Higher for our full analysis.
BUY
The rare American cannabis stock, mostly in medical marijuana. They report Wednesday and he expects positive results. Be careful though, because cannabis stocks are way up now, overbought. If Biden wins, thought, it will be a tailwind for the US cannabis industry.
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Green Thumb Industries(GTII-CSE) Rating

Ranking : 3 out of 5

Star iconStar iconStar iconStar empty iconStar empty icon

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Green Thumb Industries 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.

Green Thumb Industries(GTII-CSE) Frequently Asked Questions

What is Green Thumb Industries stock symbol?

Green Thumb Industries is a OTC stock, trading under the symbol GTII-CSE on the (). It is usually referred to as or GTII-CSE

Is Green Thumb Industries a buy or a sell?

In the last year, 1 stock analyst published opinions about GTII-CSE. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Green Thumb Industries.

Is Green Thumb Industries a good investment or a top pick?

Green Thumb Industries was recommended as a Top Pick by on . Read the latest stock experts ratings for Green Thumb Industries.

Why is Green Thumb Industries 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 Green Thumb Industries worth watching?

1 stock analyst on Stockchase covered Green Thumb Industries In the last year. It is a trending stock that is worth watching.

What is Green Thumb Industries stock price?

On , Green Thumb Industries (GTII-CSE) stock closed at a price of $.