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Planet 13 Holdings CNSX:PLTH Stock Report

Last Price

CA$0.94

Market Cap

CA$214.1m

7D

-4.1%

1Y

-5.1%

Updated

24 Apr, 2024

Data

Company Financials +

Planet 13 Holdings Inc.

CNSX:PLTH Stock Report

Market Cap: CA$214.1m

PLTH Stock Overview

Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States.

PLTH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Planet 13 Holdings Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Planet 13 Holdings
Historical stock prices
Current Share PriceCA$0.94
52 Week HighCA$1.64
52 Week LowCA$0.63
Beta2.67
1 Month Change30.56%
3 Month Change-17.54%
1 Year Change-5.05%
3 Year Change-89.08%
5 Year Change-71.52%
Change since IPO-6.00%

Recent News & Updates

Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower

Mar 17
Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower

Recent updates

Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower

Mar 17
Market Cool On Planet 13 Holdings Inc.'s (CSE:PLTH) Revenues Pushing Shares 26% Lower

Revenues Tell The Story For Planet 13 Holdings Inc. (CSE:PLTH)

Jan 06
Revenues Tell The Story For Planet 13 Holdings Inc. (CSE:PLTH)

Sentiment Still Eluding Planet 13 Holdings Inc. (CSE:PLTH)

Aug 17
Sentiment Still Eluding Planet 13 Holdings Inc. (CSE:PLTH)

Revenue Downgrade: Here's What Analysts Forecast For Planet 13 Holdings Inc. (CSE:PLTH)

Nov 28
Revenue Downgrade: Here's What Analysts Forecast For Planet 13 Holdings Inc. (CSE:PLTH)

We Think Shareholders Will Probably Be Generous With Planet 13 Holdings Inc.'s (CSE:PLTH) CEO Compensation

Jul 07
We Think Shareholders Will Probably Be Generous With Planet 13 Holdings Inc.'s (CSE:PLTH) CEO Compensation

Planet 13 Holdings Inc.'s (CSE:PLTH) Has Found A Path To Profitability

May 07
Planet 13 Holdings Inc.'s (CSE:PLTH) Has Found A Path To Profitability

The Planet 13 Holdings (CSE:PLTH) Share Price Has Soared 333%, Delighting Many Shareholders

Mar 03
The Planet 13 Holdings (CSE:PLTH) Share Price Has Soared 333%, Delighting Many Shareholders

The Chief Financial Officer of Planet 13 Holdings Inc. (CSE:PLTH), Dennis Logan, Just Sold 33% Of Their Holding

Jan 09
The Chief Financial Officer of Planet 13 Holdings Inc. (CSE:PLTH), Dennis Logan, Just Sold 33% Of Their Holding

Are Insiders Selling Planet 13 Holdings Inc. (CSE:PLTH) Stock?

Dec 23
Are Insiders Selling Planet 13 Holdings Inc. (CSE:PLTH) Stock?

Earnings Update: Here's Why Analysts Just Lifted Their Planet 13 Holdings Inc. (CSE:PLTH) Price Target To US$5.56

Nov 27
Earnings Update: Here's Why Analysts Just Lifted Their Planet 13 Holdings Inc. (CSE:PLTH) Price Target To US$5.56

Shareholder Returns

PLTHCA PharmaceuticalsCA Market
7D-4.1%-3.9%1.2%
1Y-5.1%53.0%6.1%

Return vs Industry: PLTH underperformed the Canadian Pharmaceuticals industry which returned 53% over the past year.

Return vs Market: PLTH underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is PLTH's price volatile compared to industry and market?
PLTH volatility
PLTH Average Weekly Movement14.7%
Pharmaceuticals Industry Average Movement13.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: PLTH's share price has been volatile over the past 3 months.

Volatility Over Time: PLTH's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a596Bob Groesbeckwww.planet13.com

Planet 13 Holdings Inc., together with its subsidiaries, cultivates and provides cannabis and cannabis-infused products for medical and retail cannabis markets in the United States. It owns, manufactures, and sells cannabis products in the form of chocolates, gummies, sparkling beverages, vapes and concentrates, and flowers under the TRENDI, Leaf and Vine, Dreamland, HaHa, and Medizin brand names. The company also operates licensed cannabis dispensaries; and non-cannabis retail merchandise store and event space, as well as owns and operates Trece Eatery + Spirits, a coffee shop and pizzeria restaurant.

Planet 13 Holdings Inc. Fundamentals Summary

How do Planet 13 Holdings's earnings and revenue compare to its market cap?
PLTH fundamental statistics
Market capCA$214.10m
Earnings (TTM)-CA$100.85m
Revenue (TTM)CA$134.96m

1.7x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLTH income statement (TTM)
RevenueUS$98.51m
Cost of RevenueUS$53.68m
Gross ProfitUS$44.82m
Other ExpensesUS$118.43m
Earnings-US$73.61m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin45.50%
Net Profit Margin-74.73%
Debt/Equity Ratio0.8%

How did PLTH perform over the long term?

See historical performance and comparison
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