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OrganiGram Holdings Inc. Forecasted to Post Q4 2023 Earnings of ($0.01) Per Share (TSE:OGI)

Defense World ·  Dec 2, 2022 02:31

OrganiGram Holdings Inc. (TSE:OGI – Get Rating) – Atb Cap Markets issued their Q4 2023 earnings per share (EPS) estimates for OrganiGram in a research report issued to clients and investors on Tuesday, November 29th. Atb Cap Markets analyst F. Gomes expects that the company will earn ($0.01) per share for the quarter. The consensus estimate for OrganiGram's current full-year earnings is ($0.07) per share. Atb Cap Markets also issued estimates for OrganiGram's FY2024 earnings at $0.03 EPS.

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Separately, Eight Capital dropped their price objective on OrganiGram from C$2.60 to C$1.70 in a research report on Wednesday, August 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of C$2.40.

OrganiGram Trading Up 5.0 %

OrganiGram stock opened at C$1.46 on Thursday. The company has a market capitalization of C$458.01 million and a price-to-earnings ratio of -12.37. The company has a current ratio of 4.17, a quick ratio of 2.96 and a debt-to-equity ratio of 1.48. OrganiGram has a 12 month low of C$1.17 and a 12 month high of C$2.69. The business's fifty day simple moving average is C$1.29 and its two-hundred day simple moving average is C$1.35.

OrganiGram Company Profile

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Organigram Holdings Inc, through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including cannabis flowers, cannabis oils, and vaporizers for civilian patients and veterans; adult use recreational cannabis under the Edison Cannabis Co, Trail Blazer, SHRED, SHRED'ems, Big Bag O' Buds, and Monjour brands; and cannabis edibles products and concentrates.

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