Tilray stock: buy or sell?

TLRY stock price: $18.20 -1.03% At close on December 6th, 2019

Updated on:
December 6th, 2019

1

Shares of Tilray ended on Dec/6 at $18.20 and declined a lame -1.03%. With December 6th it's been 3 sliding days in a row, loosing $-1.35 (-7.10%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TLRY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.

Is TLRY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-14Stifel Nicolausn/aHold
2019-8-14Northland Securitiesn/aHold
2019-8-14BenchmarkBuyBuy
2019-7-17LADENBURG THALM/SH SHn/aNeutral
2019-6-28Consumer Edgen/aOverweight
2019-6-17Compass PointNeutralSell
2019-5-3Jefferies Financial GroupUnderperformHold
2019-5-15Piper Jaffray Companiesn/aOverweight
2019-3-8Jefferies Financial Groupn/aSell
2019-3-19Piper Jaffray Companiesn/aBuy
2019-3-19Jefferies Financial Groupn/aSell
2019-2-21Seaport Global Securitiesn/aNeutral

Tilray stock analysis

Daily outlook

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%).

TLRY stock chart (daily)

Weekly outlook

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%).

TLRY stock chart (weekly)

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 $67.00

How 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:
TLRY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-14BenchmarkLowers Target$200.00$80.00-60%
2019-6-17Compass PointLowers Target$41.00$38.00-7.3%
2019-5-15Piper Jaffray CompaniesLowers Target$84.00$72.00-14.3%
2019-3-8Jefferies Financial GroupInitiatesn/a$61.00-
2019-3-19Piper Jaffray CompaniesSet Price Targetn/a$90.00-
2019-3-19Jefferies Financial GroupSet Price Targetn/a$61.00-
(in average)$108.30$67.00-38.0%
Moving in a range from $90.00 and $38.00, the price target for TLRY stock is $67.00. In average, analysts' outlook on TLRY price forecast is negative, downsizing the prediction by a -38.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Tilray 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.
TLRY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
0000-Q1-n/an/an/a
0000-Q2-n/an/an/a
2017-Q1-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q22018-08-28-0.09-0.17n/a
2018-Q32018-11-13-0.26-0.2n/a
2018-Q42019-03-18-0.14-0.33n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

TLRY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$13 M-$-7.88 M-62.3%-
2017$21 M62.43%$-7.81 M-38.0%-0.94%
2018$43 M110.00%$-67.72 M-157.0%767.24%

Quarterly financial results

Tilray 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.
TLRY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$5 M-$-0.68 M-13.5%-
2017-Q4$5 M1.71%$-2.91 M-56.9%328.42%
2018-Q1$8 M52.71%$-5.18 M-66.4%78.10%
2018-Q2$10 M24.80%$-12.83 M-131.7%147.69%
2018-Q3$10 M3.11%$-18.70 M-186.1%45.71%
2018-Q4$16 M54.58%$-31.01 M-199.7%65.83%

Tilray ownership

When 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:

TLRY
Market cap$1.5 B
Total shares83.8 M
Float shares17.2 M
  - Institutional holdings (%)10.1%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

Tilray summary

Friday, December 6th, 2019
Open$18.50
Close$18.20
Day range$18.00 - $18.64
Previous close$18.39
Session gain-1.03%
Average true range$1.10
50d mov avg$21.86
100d mov avg$28.26
200d mov avg$40.96
Daily patternlt03c
Weekly pattern lb06a

Tilray performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Tilray to :
Stock3m6m12m
TLRYTilray-43.23%-53.09%-81.85%

Tilray competitors

Unfortunately, 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