Seaport Res Ptn Cuts Earnings Estimates for Ayr Wellness

Ayr Wellness Inc. (OTCMKTS:AYRWF) – Investment analysts at Seaport Res Ptn cut their Q4 2024 EPS estimates for shares of Ayr Wellness in a research report issued on Sunday, November 24th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will earn ($0.26) per share for the quarter, down from their prior estimate of ($0.24). The consensus estimate for Ayr Wellness’ current full-year earnings is ($1.30) per share. Seaport Res Ptn also issued estimates for Ayr Wellness’ Q1 2025 earnings at ($0.24) EPS, Q2 2025 earnings at ($0.22) EPS, Q3 2025 earnings at ($0.21) EPS, Q4 2025 earnings at ($0.20) EPS and FY2025 earnings at ($0.87) EPS.

A number of other equities analysts have also commented on the stock. Roth Capital raised shares of Ayr Wellness to a “strong-buy” rating in a report on Friday, November 8th. Roth Mkm decreased their price target on shares of Ayr Wellness from $3.50 to $3.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Finally, Atb Cap Markets lowered shares of Ayr Wellness from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 13th.

Ayr Wellness Stock Performance

Ayr Wellness stock opened at $0.69 on Wednesday. The firm’s 50 day simple moving average is $1.63 and its 200 day simple moving average is $1.90. The company has a current ratio of 1.59, a quick ratio of 0.58 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $79.23 million, a PE ratio of -0.31 and a beta of 2.00. Ayr Wellness has a 1-year low of $0.62 and a 1-year high of $4.09.

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.