CAD0.12
11.11% yesterday
Toronto, Nov 15, 09:58 pm CET
ISIN
CA3953321096
Symbol
GRN
Sector

Greenlane Renewables Target price 2024 - Analyst rating & recommendation

Greenlane Renewables Classifications & Recommendation:

Sell
100%

Greenlane Renewables Price Target

Target Price CAD0.05
Price CAD0.12
Deviation
Number of Estimates 1
1 Analyst has issued a Greenlane Renewables price target 2025. The average Greenlane Renewables target price is CAD0.05. This is lower than the current stock price.
A rating was issued by 1 analysts: 0 Analysts recommend Greenlane Renewables to buy, 0 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Greenlane Renewables stock has an average upside potential 2025 of . Most analysts recommend the Greenlane Renewables stock at Sale.

Sales and Margin forecast 2024, 2025 & 2026

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Dec '23 2024
Estimates
Revenue Million CAD 57.82 52.00
18.84% 10.07%
EBITDA Margin -18.70% -10.38%
237.19% 44.48%
Net Margin -50.69% -8.89%
485.25% 82.46%

1 Analyst has issued a sales forecast Greenlane Renewables 2024 . The average Greenlane Renewables sales estimate is

CAD52.0m
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. This is
14.19% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD52.0m 14.19%
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, the lowest is
CAD52.0m 14.19%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD57.8m 18.84%
2024
CAD52.0m 10.07%
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2025
CAD33.0m 36.54%
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1 Analyst has issued an EBITDA forecast Greenlane Renewables 2024 . The average Greenlane Renewables EBITDA estimate is

CAD-5.4m
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. This is
16.63% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
CAD-5.4m 16.63%
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, the lowest is
CAD-5.4m 16.63%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 CAD-10.8m 173.67%
2024
CAD-5.4m 50.05%
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2025
CAD-7.9m 46.30%
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EBITDA Margin

2023 -18.70% 237.19%
2024
-10.38% 44.48%
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2025
-23.94% 130.64%
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The average Greenlane Renewables net profit estimate is

CAD-4.6m
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. This is
78.61% higher
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than the net profit for the last 12 months(TTM).

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD-29.3m 375.00%
2024
CAD-4.6m 84.24%
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Net Margin

2023 -50.69% 485.25%
2024
-8.89% 82.46%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share CAD -0.19 -0.03
375.00% 84.21%
P/E negative
EV/Sales 0.03

The average Greenlane Renewables <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD-0.03
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. This is
78.57% higher
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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD-0.19 375.00%
2024
CAD-0.03 84.21%
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P/E ratio

Current -0.87 50.00%
2024
-2.17 149.43%
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Based on analysts' sales estimates for 2024, the Greenlane Renewables stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.06 50.00%
2024
0.03 51.00%
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2025
0.05 57.82%
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P/S ratio

Current 0.31 26.04%
2024
0.19 36.90%
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2025
0.30 57.55%
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