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TerrAscend TSX:TSND Stock Report

Last Price

CA$2.29

Market Cap

CA$812.4m

7D

-8.0%

1Y

10.6%

Updated

24 Apr, 2024

Data

Company Financials +

TSND Stock Overview

TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States.

TSND fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

TerrAscend Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TerrAscend
Historical stock prices
Current Share PriceCA$2.29
52 Week HighCA$3.21
52 Week LowCA$1.72
Beta1.98
1 Month Change-2.55%
3 Month Change-19.65%
1 Year Change10.63%
3 Year Change-83.26%
5 Year Change-72.41%
Change since IPO89.26%

Recent News & Updates

What You Can Learn From TerrAscend Corp.'s (TSE:TSND) P/SAfter Its 25% Share Price Crash

Mar 10
What You Can Learn From TerrAscend Corp.'s (TSE:TSND) P/SAfter Its 25% Share Price Crash

Recent updates

What You Can Learn From TerrAscend Corp.'s (TSE:TSND) P/SAfter Its 25% Share Price Crash

Mar 10
What You Can Learn From TerrAscend Corp.'s (TSE:TSND) P/SAfter Its 25% Share Price Crash

Revenues Tell The Story For TerrAscend Corp. (TSE:TSND) As Its Stock Soars 25%

Jan 24
Revenues Tell The Story For TerrAscend Corp. (TSE:TSND) As Its Stock Soars 25%

Is TerrAscend (TSE:TSND) A Risky Investment?

Dec 25
Is TerrAscend (TSE:TSND) A Risky Investment?

TerrAscend (TSE:TSND) Is Carrying A Fair Bit Of Debt

Aug 13
TerrAscend (TSE:TSND) Is Carrying A Fair Bit Of Debt

TerrAscend Corp.'s (CSE:TER) Earnings Haven't Escaped The Attention Of Investors

Jul 03
TerrAscend Corp.'s (CSE:TER) Earnings Haven't Escaped The Attention Of Investors

TerrAscend (CSE:TER) Is Making Moderate Use Of Debt

Mar 06
TerrAscend (CSE:TER) Is Making Moderate Use Of Debt

Is There An Opportunity With TerrAscend Corp.'s (CSE:TER) 37% Undervaluation?

Dec 21
Is There An Opportunity With TerrAscend Corp.'s (CSE:TER) 37% Undervaluation?

Some Analysts Just Cut Their TerrAscend Corp. (CSE:TER) Estimates

Aug 14
Some Analysts Just Cut Their TerrAscend Corp. (CSE:TER) Estimates

Is TerrAscend (CSE:TER) Using Too Much Debt?

Jul 15
Is TerrAscend (CSE:TER) Using Too Much Debt?

Is TerrAscend (CSE:TER) Using Too Much Debt?

Nov 03
Is TerrAscend (CSE:TER) Using Too Much Debt?

Time To Worry? Analysts Just Downgraded Their TerrAscend Corp. (CSE:TER) Outlook

Aug 21
Time To Worry? Analysts Just Downgraded Their TerrAscend Corp. (CSE:TER) Outlook

Does TerrAscend (CSE:TER) Have A Healthy Balance Sheet?

Jun 16
Does TerrAscend (CSE:TER) Have A Healthy Balance Sheet?

Shareholder Returns

TSNDCA PharmaceuticalsCA Market
7D-8.0%-3.9%1.2%
1Y10.6%53.0%6.1%

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

Return vs Market: TSND exceeded the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is TSND's price volatile compared to industry and market?
TSND volatility
TSND Average Weekly Movement10.6%
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: TSND's share price has been volatile over the past 3 months.

Volatility Over Time: TSND's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20171,055Ziad Ghanemwww.terrascend.com

TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States. The company produces and distributes hemp-derived wellness products to retail locations; and manufactures vaporizables, concentrates, topicals, tinctures and edibles. It also operates retail dispensaries under the Apothecarium and State Flower brand names.

TerrAscend Corp. Fundamentals Summary

How do TerrAscend's earnings and revenue compare to its market cap?
TSND fundamental statistics
Market capCA$812.38m
Earnings (TTM)-CA$124.45m
Revenue (TTM)CA$433.50m

1.5x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSND income statement (TTM)
RevenueUS$317.33m
Cost of RevenueUS$157.63m
Gross ProfitUS$159.70m
Other ExpensesUS$250.80m
Earnings-US$91.10m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)-0.31
Gross Margin50.33%
Net Profit Margin-28.71%
Debt/Equity Ratio85.8%

How did TSND perform over the long term?

See historical performance and comparison
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