Organigram Holdings Inc. (TSE:OGI – Free Report) – Analysts at Alliance Global Partners decreased their Q1 2025 earnings per share estimates for shares of Organigram in a research report issued on Wednesday, December 18th. Alliance Global Partners analyst A. Grey now forecasts that the company will earn ($0.05) per share for the quarter, down from their prior forecast of ($0.02). The consensus estimate for Organigram’s current full-year earnings is $0.16 per share. Alliance Global Partners also issued estimates for Organigram’s Q2 2025 earnings at ($0.04) EPS, Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.16) EPS and FY2026 earnings at ($0.11) EPS.
A number of other brokerages have also weighed in on OGI. ATB Capital lowered their target price on Organigram from C$5.25 to C$3.50 in a research note on Tuesday, December 17th. Canaccord Genuity Group lowered their price objective on shares of Organigram from C$3.60 to C$3.15 and set a “speculative buy” rating for the company in a research report on Monday, December 9th.
Organigram Trading Up 6.2 %
Shares of OGI opened at C$2.22 on Monday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.62 and a current ratio of 6.95. The company has a market cap of C$241.03 million, a price-to-earnings ratio of -0.88, a PEG ratio of 0.42 and a beta of 1.13. The stock has a fifty day moving average price of C$2.26 and a two-hundred day moving average price of C$2.30. Organigram has a 52-week low of C$1.61 and a 52-week high of C$3.95.
Insider Activity
In related news, Senior Officer Paolo De Luca sold 12,014 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of C$2.52, for a total transaction of C$30,275.28. Insiders own 31.32% of the company’s stock.
About Organigram
Organigram Holdings Inc, through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O’ Buds, Monjour, Trailblazer, SHRED’ems, Edison Cannabis Co, Edison JOLTS, Tremblant, and Laurentian brands.
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