Ventum Cap Mkts Forecasts Ayr Wellness FY2024 Earnings

Ayr Wellness Inc. (OTCMKTS:AYRWF) – Equities researchers at Ventum Cap Mkts issued their FY2024 earnings per share estimates for Ayr Wellness in a note issued to investors on Wednesday, November 13th. Ventum Cap Mkts analyst J. Zandberg expects that the company will earn ($1.15) per share for the year. The consensus estimate for Ayr Wellness’ current full-year earnings is ($1.30) per share. Ventum Cap Mkts also issued estimates for Ayr Wellness’ Q4 2024 earnings at ($0.22) EPS and FY2025 earnings at ($0.76) EPS.

A number of other equities research analysts have also recently issued reports on the company. Roth Capital upgraded Ayr Wellness to a “strong-buy” rating in a report on Friday, November 8th. Atb Cap Markets downgraded Ayr Wellness from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 13th. Finally, Roth Mkm lowered their price objective on Ayr Wellness from $3.50 to $3.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th.

Ayr Wellness Stock Performance

Shares of AYRWF stock opened at $0.72 on Monday. The company has a market capitalization of $82.19 million, a price-to-earnings ratio of -0.32 and a beta of 2.00. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.58 and a current ratio of 1.59. Ayr Wellness has a 52 week low of $0.71 and a 52 week high of $4.09. The company has a 50-day simple moving average of $1.77 and a 200 day simple moving average of $1.96.

Ayr Wellness Company Profile

Ayr Wellness Inc operates as a vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. It owns and operates a chain of cannabis retail stores under AYR, Liberty Health Sciences, and The Dispensary brand names.