FY2024 EPS Estimates for Ayr Wellness Decreased by Analyst

Ayr Wellness Inc. (CVE:AYR) – Roth Capital decreased their FY2024 EPS estimates for shares of Ayr Wellness in a report issued on Wednesday, November 13th. Roth Capital analyst W. Kirk now expects that the company will post earnings of ($1.93) per share for the year, down from their prior estimate of ($1.69). Roth Capital currently has a “Strong-Buy” rating on the stock. Roth Capital also issued estimates for Ayr Wellness’ Q4 2024 earnings at ($0.47) EPS, Q1 2025 earnings at ($0.44) EPS, Q2 2025 earnings at ($0.43) EPS, Q3 2025 earnings at ($0.41) EPS, Q4 2025 earnings at ($0.41) EPS and FY2025 earnings at ($1.70) EPS.

A number of other research analysts have also recently issued reports on AYR. Ventum Cap Mkts upgraded Ayr Wellness to a “strong-buy” rating in a research note on Wednesday, August 7th. Atb Cap Markets lowered Ayr Wellness from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 13th.

Ayr Wellness Price Performance

Insider Activity

In related news, insider Millstreet Credit Fund LP purchased 450,000 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were purchased at an average price of C$1.26 per share, with a total value of C$568,463.40. Also, Senior Officer Jr. Mendola Robert James sold 19,163 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of C$2.82, for a total transaction of C$54,039.66.

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.