Ayr Wellness FY2024 EPS Estimate Lowered by Atb Cap Markets

Ayr Wellness Inc. (CVE:AYR) – Investment analysts at Atb Cap Markets lowered their FY2024 earnings per share estimates for Ayr Wellness in a note issued to investors on Wednesday, November 13th. Atb Cap Markets analyst F. Gomes now anticipates that the company will post earnings per share of ($1.89) for the year, down from their prior forecast of ($1.62). Atb Cap Markets currently 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.

Several other analysts also recently issued reports on the company. Ventum Cap Mkts raised Ayr Wellness to a “strong-buy” rating in a research note on Wednesday, August 7th. Roth Capital raised shares of Ayr Wellness to a “strong-buy” rating in a research note on Friday, November 8th.

Ayr Wellness Price Performance

Insiders Place Their Bets

In other news, Senior Officer Jr. Mendola Robert James sold 19,163 shares of Ayr Wellness stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$2.82, for a total transaction of C$54,039.66. Also, insider Millstreet Credit Fund LP bought 450,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were acquired at an average price of C$1.26 per share, for a total transaction of C$568,463.40.

About Ayr Wellness

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.