Green Thumb Industries (GTBIF) Projected to Post Earnings on Wednesday

Green Thumb Industries (OTCMKTS:GTBIF) will likely be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Green Thumb Industries to post earnings of $0.06 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Green Thumb Industries Stock Down 1.0 %

GTBIF opened at $7.04 on Tuesday. The firm has a 50-day moving average price of $7.41 and a 200-day moving average price of $9.06. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 29.32 and a beta of 1.31. Green Thumb Industries has a twelve month low of $6.60 and a twelve month high of $16.33.

Analyst Upgrades and Downgrades

Separately, Roth Capital raised shares of Green Thumb Industries to a “strong-buy” rating in a research note on Sunday, November 10th. Two research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Buy” and an average target price of $16.50.

About Green Thumb Industries

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.