Tilray stock: buy or sell?
December 6th, 2019
Should I buy Tilray stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Tilray stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Tilray stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we collected 12 ratings published for TLRY stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-17||LADENBURG THALM/SH SH||n/a||Neutral|
|2019-5-3||Jefferies Financial Group||Underperform||Hold|
|2019-5-15||Piper Jaffray Companies||n/a||Overweight|
|2019-3-8||Jefferies Financial Group||n/a||Sell|
|2019-3-19||Piper Jaffray Companies||n/a||Buy|
|2019-3-19||Jefferies Financial Group||n/a||Sell|
|2019-2-21||Seaport Global Securities||n/a||Neutral|
Tilray stock analysis
Tilray declined a lame -1.03% and closed at $18.20.
Tilray declined a lame -1.03% and closed at $18.20. Since August when TLRY stock price broke down the SMA50d line, it slid $-27.82 per share (-60.45%).
Shares of Tilray plunged a dreadful -8.27% this week. By mid November TLRY rocketed a dazzling 6.56% in just one week.
Since mid December 2018, when TLRY stock price broke down the 20-weeks moving avarage line, it slid $-82.05 per share (-81.85%).
Tilray stock price history
Tilray IPO was on July 19th, 2018 at $23.05 per share1. Since then, TLRY stock sliced a -21.00%, with a yearly average of -21.00%.
1: Adjusted price after possible price splits or reverse-splits.
Tilray stock historical price chart
TLRY stock reached 52-week highs on January at $106.00, and all-time highs 2018-09-19 with a price of 300.
Tilray stock price target is $67.00How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 6 price predictions for TLRY stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-17||Compass Point||Lowers Target||$41.00||$38.00||-7.3%|
|2019-5-15||Piper Jaffray Companies||Lowers Target||$84.00||$72.00||-14.3%|
|2019-3-8||Jefferies Financial Group||Initiates||n/a||$61.00||-|
|2019-3-19||Piper Jaffray Companies||Set Price Target||n/a||$90.00||-|
|2019-3-19||Jefferies Financial Group||Set Price Target||n/a||$61.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareTilray reported astounding results for 2018-Q4 on March. Tilray boosted Earnings per Share (EPS) by 135.70%, beating analysts of $-0.14. Tilray posted $-0.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a dazzling growth of 110.00% to $43.13 million USD. Nonetheless, its profit margin (compared to revenues) plummed to -157.02%, that is $-67.72 million.
|2016||$13 M||-||$-7.88 M-62.3%||-|
|2017||$21 M||62.43%||$-7.81 M-38.0%||-0.94%|
|2018||$43 M||110.00%||$-67.72 M-157.0%||767.24%|
Quarterly financial resultsTilray reported $15.53 million in sales for 2018-Q4, a 54.58% up compared to previous quarter. Reported quarter income marked $-31.01 M with a profit margin of -199.66%. Profit margin plunged a -13.54% compared to previous quarter when profit margin was -186.12%. When comparing revenues to same quarter last year, Tilray sales marked an extraordinary increase and climbed a 203.76%. Looking back to recent quarterly results, Tilray posted 6 negative quarters in a row.
|2017-Q1||$5 M||-||$-0.68 M-13.5%||-|
|2017-Q4||$5 M||1.71%||$-2.91 M-56.9%||328.42%|
|2018-Q1||$8 M||52.71%||$-5.18 M-66.4%||78.10%|
|2018-Q2||$10 M||24.80%||$-12.83 M-131.7%||147.69%|
|2018-Q3||$10 M||3.11%||$-18.70 M-186.1%||45.71%|
|2018-Q4||$16 M||54.58%||$-31.01 M-199.7%||65.83%|
Tilray ownershipWhen you are planning to invest in shares of a stock, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Tilray, 0.26% of all outstanding shares are owned by its staff.
In case of Tilray stock, 10.10% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TLRY stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Tilray:
|Market cap||$1.5 B|
|Total shares||83.8 M|
|Float shares||17.2 M|
|- Institutional holdings (%)||10.1%|
|- Insider holdings (%)||0.3%|
|Shares in short selling||0.0%|
|Friday, December 6th, 2019|
|Day range||$18.00 - $18.64|
|Average true range||$1.10|
|50d mov avg||$21.86|
|100d mov avg||$28.26|
|200d mov avg||$40.96|
Tilray performanceTo measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Tilray to :
Tilray competitorsUnfortunately, we could not find any public company that could be defined as Tilray competitor. This doesn't mean Tilray does not have any competitor in the market, it's just we could not detected it.
Latest Tilray stock news
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