Greenlane Holdings Stock Today
| GNLN Stock | USD 0.55 0.05 8.33% |
Performance5 of 100
| Odds Of DistressOver 54
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Greenlane Holdings is selling at 0.55 as of the 25th of April 2024; that is -8.33 percent decrease since the beginning of the trading day. The stock's open price was 0.6. Greenlane Holdings has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Greenlane Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 18th of April 2019 | Category Consumer Defensive | Classification Consumer Discretionary |
Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe. Greenlane Holdings, Inc. was founded in 2005 and is headquartered in Boca Raton, Florida. The company has 3.73 M outstanding shares of which 10.68 K shares are currently shorted by private and institutional investors with about 0.07 trading days to cover. More on Greenlane Holdings
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 20th of May 2024
Greenlane Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Greenlane Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Greenlane Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Craig Snyder | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Distributors, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Wholesale, Consumer Discretionary, Distributors, Tobacco, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Greenlane Holdings report their recommendations after researching Greenlane Holdings' financial statements, talking to executives and customers, or listening in on Greenlane Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Greenlane Holdings. The Greenlane consensus assessment is calculated by taking the average forecast from all of the analysts covering Greenlane Holdings. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Greenlane Holdings' liquidity, profitability, solvency, and operating efficiency, Greenlane Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Greenlane Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Greenlane Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Greenlane Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Greenlane Holdings' financial leverage. It provides some insight into what part of Greenlane Holdings' total assets is financed by creditors.
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Greenlane Holdings (GNLN) is traded on NASDAQ Exchange in USA. It is located in 1095 Broken Sound Parkway, Boca Raton, FL, United States, 33487 and employs 145 people. Greenlane Holdings is listed under Distributors category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Greenlane Holdings's market, we take the total number of its shares issued and multiply it by Greenlane Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Greenlane Holdings conducts business under Distributors sector and is part of Consumer Discretionary industry. The entity has 3.73 M outstanding shares of which 10.68 K shares are currently shorted by private and institutional investors with about 0.07 trading days to cover.
Greenlane Holdings currently holds about 9.13 M in cash with (26.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Greenlane Holdings Probability Of Bankruptcy
Ownership AllocationRoughly 85.0 (percent) of Greenlane Holdings outstanding shares are held by general public with 0.97 % owned by insiders and only 13.95 pct. by outside corporations.
Check Greenlane Ownership Details
Greenlane Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Greenlane Holdings jumping above the current price in 90 days from now is about 17.8%. The Greenlane Holdings probability density function shows the probability of Greenlane Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Greenlane Holdings has a beta of -0.3506. This usually indicates as returns on the benchmark increase, returns on holding Greenlane Holdings are expected to decrease at a much lower rate. During a bear market, however, Greenlane Holdings is likely to outperform the market. Additionally, greenlane Holdings has an alpha of 0.5832, implying that it can generate a 0.58 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Greenlane Holdings to move above the current price in 90 days from now is about 17.8 (This Greenlane Holdings probability density function shows the probability of Greenlane Stock to fall within a particular range of prices over 90 days) .
Greenlane Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Greenlane Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Greenlane Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Greenlane Holdings' value.| Instituion | Recorded On | Shares | |
| Blackrock Inc | 2023-12-31 | 46.0 | |
| Wells Fargo & Co | 2023-12-31 | 20.0 | |
| Qube Research & Technologies | 2023-12-31 | 14.0 | |
| Arrow Financial Corp(junk) | 2023-12-31 | 11.0 | |
| Dt Investment Partners, Llc | 2023-12-31 | 10.0 | |
| Signaturefd, Llc | 2023-12-31 | 6.0 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 5.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 3.0 | |
| U.s. Bancorp | 2023-12-31 | 2.0 | |
| Armistice Capital, Llc | 2023-12-31 | 301 K | |
| Axs Investments Llc | 2023-12-31 | 101.8 K |
Greenlane Holdings Historical Income Statement
Greenlane Holdings Income Statement is one of the three primary financial statements used for reporting Greenlane's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Greenlane Holdings revenue and expense. Greenlane Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Greenlane Holdings' Interest Income is very stable compared to the past year. As of the 25th of April 2024, Depreciation And Amortization is likely to grow to about 16.2 M, though Tax Provision is likely to grow to (11.1 K). View More FundamentalsGreenlane Stock Against Markets
Picking the right benchmark for Greenlane Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Greenlane Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Greenlane Holdings is critical whether you are bullish or bearish towards Greenlane Holdings at a given time. Please also check how Greenlane Holdings' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Greenlane Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Greenlane Holdings Corporate Management
Elected by the shareholders, the Greenlane Holdings' board of directors comprises two types of representatives: Greenlane Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Greenlane. The board's role is to monitor Greenlane Holdings' management team and ensure that shareholders' interests are well served. Greenlane Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Greenlane Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rodrigo Oliveira | Chief Officer | Profile | |
| Barbara Sher | Chief Officer | Profile | |
| Najim CFA | Director Relations | Profile | |
| Amir Sadr | General Counsel | Profile | |
| Nicholas Kovacevich | Chief Officer | Profile |
How to buy Greenlane Stock?
Before investing in Greenlane Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Greenlane Holdings. To buy Greenlane Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Greenlane Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Greenlane Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Greenlane Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Greenlane Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Greenlane Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Greenlane Stock please use our How to Invest in Greenlane Holdings guide.
Already Invested in Greenlane Holdings?
The danger of trading Greenlane Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Greenlane Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Greenlane Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Greenlane Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Greenlane Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenlane Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenlane Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenlane Holdings Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Greenlane Stock analysis
When running Greenlane Holdings' price analysis, check to measure Greenlane Holdings' 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 Greenlane Holdings is operating at the current time. Most of Greenlane Holdings' value examination focuses on studying past and present price action to predict the probability of Greenlane Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlane Holdings' price. Additionally, you may evaluate how the addition of Greenlane Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Greenlane Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 114.04 | Revenue Per Share 30.753 | Quarterly Revenue Growth (0.59) | Return On Assets (0.17) | Return On Equity (0.68) |
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.