Flora Growth Corp Stock Analysis

FLGC Stock  USD 1.16  0.04  3.33%   
Flora Growth Corp is undervalued with Real Value of 5.86 and Target Price of 20.0. The main objective of Flora Growth stock analysis is to determine its intrinsic value, which is an estimate of what Flora Growth Corp is worth, separate from its market price. There are two main types of Flora Growth's stock analysis: fundamental analysis and technical analysis.
The Flora Growth stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Flora Growth's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Flora Stock Analysis Notes

About 15.0% of the company shares are held by company insiders. The book value of Flora Growth was currently reported as 0.35. The company recorded a loss per share of 6.24. Flora Growth Corp had not issued any dividends in recent years. The entity had 1:20 split on the 9th of June 2023. Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada. FLORA GROWTH operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 277 people. To learn more about Flora Growth Corp call Clifford Starke at 954 842 4989 or check out https://www.floragrowth.com.

Flora Growth Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Flora Growth's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Flora Growth Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Flora Growth Corp is way too risky over 90 days horizon
Flora Growth Corp may become a speculative penny stock
Flora Growth Corp appears to be risky and price may revert if volatility continues
Flora Growth Corp has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 76.07 M. Net Loss for the year was (47.36 M) with profit before overhead, payroll, taxes, and interest of 2.42 M.
Flora Growth Corp currently holds about 10.27 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Roughly 15.0% of the company shares are held by company insiders
Latest headline from benzinga.com: Cannabis Joint Venture Looks To Capitalize On Marijuana Beverages As Growing Alternative To Alcohol

Flora Growth Corp Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Flora Growth previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of March 2024
Upcoming Quarterly Report
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20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
View

Flora Largest EPS Surprises

Earnings surprises can significantly impact Flora Growth's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-05-15
2023-03-31-0.04-0.030.0125 
2022-05-10
2022-03-31-0.02-0.04-0.02100 
2022-11-28
2022-09-30-0.05-0.1-0.05100 
View All Earnings Estimates

Flora Growth Thematic Classifications

In addition to having Flora Growth stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Health Management Idea
Health Management
Healthcare providers, hospitals
Drugs Idea
Drugs
Drug manufacturing and delivery

Flora Stock Institutional Investors

Shares
Morgan Stanley - Brokerage Accounts2024-03-31
276
Vima Llc2023-12-31
197
Advisory Services Network, Llc2023-12-31
116
Qube Research & Technologies2024-03-31
100.0
Hanson Mcclain Inc2024-03-31
72.0
Castleview Partners, Llc2024-03-31
69.0
Nelson, Van Denburg & Campbell Wealth Management Group, Llc2023-12-31
60.0
Wells Fargo & Co2024-03-31
56.0
Gradient Investments2023-12-31
50.0
Amundi2024-03-31
100 K
Bank Of America Corp2024-03-31
72.6 K
Note, although Flora Growth's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Flora Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.38 M.

Flora Profitablity

The company has Profit Margin (PM) of (0.76) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.09.
Last ReportedProjected for Next Year
Return On Tangible Assets(2.38)(2.50)
Return On Capital Employed(1.18)(1.12)
Return On Assets(2.28)(2.17)
Return On Equity(8.42)(7.99)

Management Efficiency

Flora Growth Corp has return on total asset (ROA) of (0.1242) % which means that it has lost $0.1242 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.6513) %, meaning that it created substantial loss on money invested by shareholders. Flora Growth's management efficiency ratios could be used to measure how well Flora Growth manages its routine affairs as well as how well it operates its assets and liabilities. As of June 5, 2024, Return On Tangible Assets is expected to decline to -2.5. The current year's Return On Capital Employed is expected to grow to -1.12. At present, Flora Growth's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 84 K, whereas Non Current Assets Total are forecasted to decline to about 2.1 M.
Last ReportedProjected for Next Year
Book Value Per Share 0.87  0.83 
Tangible Book Value Per Share 0.74  0.70 
Enterprise Value Over EBITDA(1.46)(1.53)
Price Book Value Ratio 1.55  1.63 
Enterprise Value Multiple(1.46)(1.53)
Price Fair Value 1.55  1.63 
The analysis of Flora Growth's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Flora Growth's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Flora Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.992

Technical Drivers

As of the 5th of June, Flora Growth shows the Mean Deviation of 6.5, coefficient of variation of 2283.15, and Downside Deviation of 6.48. Flora Growth Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Flora Growth Corp Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Flora Growth middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Flora Growth Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Flora Growth Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Flora Growth insiders, such as employees or executives, is commonly permitted as long as it does not rely on Flora Growth's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Flora Growth insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Flora Growth Predictive Daily Indicators

Flora Growth intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Flora Growth stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Flora Growth Forecast Models

Flora Growth's time-series forecasting models are one of many Flora Growth's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Flora Growth's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Flora Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Flora Growth prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Flora shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Flora Growth. By using and applying Flora Stock analysis, traders can create a robust methodology for identifying Flora entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.63)(0.67)
Operating Profit Margin(0.11)(0.12)
Net Loss(0.71)(0.74)
Gross Profit Margin 0.03  0.02 

Current Flora Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Flora analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Flora analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
20.0Strong Buy2Odds
Flora Growth Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Flora analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Flora stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Flora Growth Corp, talking to its executives and customers, or listening to Flora conference calls.
Flora Analyst Advice Details

Flora Stock Analysis Indicators

Flora Growth Corp stock analysis indicators help investors evaluate how Flora Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Flora Growth shares will generate the highest return on investment. By understating and applying Flora Growth stock analysis, traders can identify Flora Growth position entry and exit signals to maximize returns.
Begin Period Cash Flow8.9 M
Common Stock Shares Outstanding7.4 M
Total Stockholder Equity6.4 M
Tax Provision-2.8 M
Property Plant And Equipment Net1.2 M
Cash And Short Term Investments4.4 M
Cash4.4 M
Accounts Payable5.1 M
Net Debt-713 K
50 Day M A1.6642
Total Current Liabilities16.3 M
Other Operating Expenses84.7 M
Non Current Assets Total2.3 M
Forward Price Earnings72.4638
Non Currrent Assets Other80 K
Stock Based Compensation1.6 M

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When running Flora Growth's price analysis, check to measure Flora Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
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