Tilray Inc Stock Today
| TLRY Stock | USD 1.84 0.12 6.98% |
Performance0 of 100
| Odds Of DistressLess than 50
|
Tilray is trading at 1.84 as of the 25th of April 2024; that is 6.98 percent up since the beginning of the trading day. The stock's open price was 1.72. Tilray has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Tilray Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 19th of July 2018 | Category Healthcare | Classification Health Care |
Tilray Brands, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. It sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company has 774.03 M outstanding shares of which 116.45 M shares are at this time shorted by private and institutional investors with about 3.7 trading days to cover. More on Tilray Inc
Moving against Tilray Stock
| 0.5 | ZURA | Zura Bio Limited Financial Report 10th of May 2024 | PairCorr |
Tilray Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tilray's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tilray or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Irwin Simon | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Cannabis (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Pharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, SP TSX Composite, NASDAQ Health Care, Cannabis, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Tilray report their recommendations after researching Tilray's financial statements, talking to executives and customers, or listening in on Tilray's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tilray Inc. The Tilray consensus assessment is calculated by taking the average forecast from all of the analysts covering Tilray. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Tilray's financial statements, Tilray Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Tilray Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tilray's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tilray's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tilray's financial leverage. It provides some insight into what part of Tilray's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tilray Inc (TLRY) is traded on NASDAQ Exchange in USA. It is located in 265 Talbot Street West, Leamington, ON, Canada, N8H 5L4 and employs 1,600 people. Tilray is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tilray's market, we take the total number of its shares issued and multiply it by Tilray's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tilray Inc conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 774.03 M outstanding shares of which 116.45 M shares are at this time shorted by private and institutional investors with about 3.7 trading days to cover.
Tilray Inc currently holds about 490.64 M in cash with 7.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Check Tilray Probability Of Bankruptcy
Ownership AllocationTilray maintains a total of 774.03 Million outstanding shares. About 88.0 % of Tilray outstanding shares are held by general public with 1.325999999999999 (%) owned by insiders and only 10.98 % by institutional holders. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Tilray Ownership Details
Tilray Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Tilray jumping above the current price in 90 days from now is about 63.95%. The Tilray Inc probability density function shows the probability of Tilray stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.6104. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tilray will likely underperform. Additionally, tilray Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Tilray to move above the current price in 90 days from now is about 63.95 (This Tilray Inc probability density function shows the probability of Tilray Stock to fall within a particular range of prices over 90 days) .
Tilray Historical Income Statement
Tilray Inc Income Statement is one of the three primary financial statements used for reporting Tilray's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tilray Inc revenue and expense. Tilray Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tilray's Selling General Administrative is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 845.5 M in 2024, whereas Interest Expense is likely to drop slightly above 12.9 M in 2024. View More FundamentalsTilray Stock Against Markets
Picking the right benchmark for Tilray stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tilray stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tilray is critical whether you are bullish or bearish towards Tilray Inc at a given time. Please also check how Tilray's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tilray without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Optimizer Now
Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
| All Next | Launch Module |
Tilray Corporate Directors
Tilray corporate directors refer to members of a Tilray board of directors. The board of directors generally takes responsibility for the Tilray's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tilray's board members must vote for the resolution. The Tilray board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christine Clare | Independent Director | Profile | |
| Maryscott Greenwood | Independent Director | Profile | |
| Michael Auerbach | Independent Director | Profile | |
| Rebekah Dopp | Independent Director | Profile |
How to buy Tilray Stock?
Before investing in Tilray, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tilray. To buy Tilray stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tilray. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tilray stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tilray Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tilray Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tilray Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Tilray Stock please use our How to Invest in Tilray guide.
Already Invested in Tilray Inc?
The danger of trading Tilray Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tilray is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tilray. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tilray Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tilray Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tilray's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tilray Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tilray Inc Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilray Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Tilray Stock analysis
When running Tilray's price analysis, check to measure Tilray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tilray is operating at the current time. Most of Tilray's value examination focuses on studying past and present price action to predict the probability of Tilray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tilray's price. Additionally, you may evaluate how the addition of Tilray to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is Tilray's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tilray. If investors know Tilray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tilray listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 1.042 | Quarterly Revenue Growth 0.294 | Return On Assets (0.02) | Return On Equity (0.1) |
The market value of Tilray Inc is measured differently than its book value, which is the value of Tilray that is recorded on the company's balance sheet. Investors also form their own opinion of Tilray's value that differs from its market value or its book value, called intrinsic value, which is Tilray's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tilray's market value can be influenced by many factors that don't directly affect Tilray's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tilray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tilray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tilray's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.