Ayr Wellness FY2024 EPS Estimate Lowered by Atb Cap Markets

Ayr Wellness Inc. (CVE:AYR) – Equities researchers at Atb Cap Markets decreased their FY2024 earnings per share estimates for shares of Ayr Wellness in a research note issued to investors on Wednesday, November 13th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings of ($1.89) per share for the year, down from their previous estimate of ($1.62). Atb Cap Markets has a “Strong Sell” rating on the stock. Atb Cap Markets also issued estimates for Ayr Wellness’ Q4 2024 earnings at ($0.40) EPS and FY2025 earnings at ($1.36) EPS.

A number of other analysts have also weighed in on the stock. Ventum Cap Mkts raised shares of Ayr Wellness to a “strong-buy” rating in a report on Wednesday, August 7th. Roth Capital raised Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th.

Ayr Wellness Price Performance

Insider Buying and Selling at Ayr Wellness

In related news, Senior Officer Jr. Mendola Robert James sold 19,163 shares of Ayr Wellness stock in a transaction dated Monday, September 9th. The stock was sold at an average price of C$2.82, for a total value of C$54,039.66. Also, insider Millstreet Credit Fund LP purchased 1,170,000 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price of C$1.09 per share, for a total transaction of C$1,273,718.16.

Ayr Wellness Company Profile

Aircastle Ltd. engages in the lease, finance, sale, and management of commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.