Is Flora Growth Stock a Good Investment?
Flora Growth Investment Advice | FLGC |
- Examine Flora Growth's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Flora Growth's leadership team and their track record. Good management can help Flora Growth navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Biotechnology space and any emerging trends that could impact Flora Growth's business and its evolving consumer preferences.
- Compare Flora Growth's performance and market position to its competitors. Analyze how Flora Growth is positioned in terms of product offerings, innovation, and market share.
- Check if Flora Growth pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Flora Growth's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Flora Growth Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Flora Growth Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Excited | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Flora Growth Stock
Researching Flora Growth's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 23.0% of the company shares are held by company insiders. The book value of Flora Growth was currently reported as 0.72. The company recorded a loss per share of 1.37. Flora Growth Corp had not issued any dividends in recent years. The entity had 1:20 split on the 9th of June 2023.
To determine if Flora Growth is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Flora Growth's research are outlined below:
| Flora Growth Corp is way too risky over 90 days horizon | |
| Flora Growth Corp may become a speculative penny stock | |
| Flora Growth Corp appears to be risky and price may revert if volatility continues | |
| Flora Growth Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 76.07 M. Net Loss for the year was (47.36 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| Flora Growth Corp currently holds about 10.27 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 23.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Flora Expands European Success with Thriving Partnership in Czech Republic and Slovakia |
Flora Growth Quarterly Cost Of Revenue |
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Flora Growth uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Flora Growth Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Flora Growth's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Flora Growth's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Flora Growth's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-05-15 | 2023-03-31 | -0.04 | -0.03 | 0.01 | 25 | ||
2022-05-10 | 2022-03-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2021-09-17 | 2021-06-30 | -0.02 | -0.05 | -0.03 | 150 | ||
2022-11-28 | 2022-09-30 | -0.05 | -0.1 | -0.05 | 100 | ||
2023-03-31 | 2022-12-31 | -0.06 | -0.15 | -0.09 | 150 | ||
2024-03-28 | 2023-12-31 | -0.07 | -0.17 | -0.1 | 142 | ||
2024-11-25 | 2024-09-30 | -0.08 | -0.2116 | -0.1316 | 164 | ||
2024-08-14 | 2024-06-30 | -0.02 | -0.2482 | -0.2282 | 1141 |
Know Flora Growth's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Flora Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Flora Growth Corp backward and forwards among themselves. Flora Growth's institutional investor refers to the entity that pools money to purchase Flora Growth's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Advisor Group Holdings, Inc. | 2024-06-30 | 421 | Bank Of America Corp | 2024-06-30 | 136 | Qube Research & Technologies | 2024-06-30 | 100.0 | Fmr Inc | 2024-09-30 | 96.0 | Nelson, Van Denburg & Campbell Wealth Management Group, Llc | 2024-09-30 | 60.0 | Toth Financial Advisory Corp | 2024-06-30 | 45.0 | Pnc Financial Services Group Inc | 2024-09-30 | 13.0 | Trust Co Of Vermont | 2024-09-30 | 8.0 | Hanson Mcclain Inc | 2024-06-30 | 0.0 | Renaissance Technologies Corp | 2024-09-30 | 131.1 K | Geode Capital Management, Llc | 2024-09-30 | 106.2 K |
Flora Growth's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.99 M.Market Cap |
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Flora Growth's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.51) | (2.64) | |
| Return On Capital Employed | (6.85) | (6.51) | |
| Return On Assets | (2.41) | (2.29) | |
| Return On Equity | (8.91) | (8.46) |
Determining Flora Growth's profitability involves analyzing its financial statements and using various financial metrics to determine if Flora Growth is a good buy. For example, gross profit margin measures Flora Growth's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Flora Growth's profitability and make more informed investment decisions.
Please note, the presentation of Flora Growth's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Flora Growth's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Flora Growth's management manipulating its earnings.
Evaluate Flora Growth's management efficiency
Flora Growth Corp has return on total asset (ROA) of (0.1662) % which means that it has lost $0.1662 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3537) %, meaning that it created substantial loss on money invested by shareholders. Flora Growth's management efficiency ratios could be used to measure how well Flora Growth manages its routine affairs as well as how well it operates its assets and liabilities. As of November 28, 2024, Return On Tangible Assets is expected to decline to -2.64. The current year's Return On Capital Employed is expected to grow to -6.51. At present, Flora Growth's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 84 K, whereas Non Current Assets Total are forecasted to decline to about 2.1 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.87 | 0.83 | |
| Tangible Book Value Per Share | 0.74 | 0.70 | |
| Enterprise Value Over EBITDA | (0.20) | (0.21) | |
| Price Book Value Ratio | 1.55 | 1.63 | |
| Enterprise Value Multiple | (0.20) | (0.21) | |
| Price Fair Value | 1.55 | 1.63 |
At Flora Growth Corp, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 1.861 |
Basic technical analysis of Flora Stock
As of the 28th of November, Flora Growth shows the Mean Deviation of 6.22, coefficient of variation of 933.23, and Downside Deviation of 6.99. Flora Growth Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Flora Growth's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Flora Growth insiders, such as employees or executives, is commonly permitted as long as it does not rely on Flora Growth's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Flora Growth insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Clifford Starke over two months ago Acquisition by Clifford Starke of 6795 shares of Flora Growth at 0.95 subject to Rule 16b-3 | ||
Wolkin Harold over two months ago Acquisition by Wolkin Harold of 5000 shares of Flora Growth at 0.962 subject to Rule 16b-3 | ||
Wolkin Harold over three months ago Insider Trading | ||
Morgan Annabella Manalo over three months ago Disposition of 200000 shares by Morgan Annabella Manalo of Flora Growth at 2.04 subject to Rule 16b-3 | ||
Cahill Brendan over six months ago Insider Trading | ||
Solomon Thomas over a year ago Acquisition by Solomon Thomas of 35766 shares of Flora Growth subject to Rule 16b-3 | ||
Taylor Kevin over a year ago Flora Growth exotic insider transaction detected | ||
Matthew Cohen over a year ago Payment of 90146 shares by Matthew Cohen of Flora Growth subject to Rule 16b-3 |
Flora Growth's Outstanding Corporate Bonds
Flora Growth issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Flora Growth Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Flora bonds can be classified according to their maturity, which is the date when Flora Growth Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Flora Growth's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Flora Growth's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0912 | |||
| Market Risk Adjusted Performance | (29.06) | |||
| Mean Deviation | 6.22 | |||
| Semi Deviation | 6.31 | |||
| Downside Deviation | 6.99 | |||
| Coefficient Of Variation | 933.23 | |||
| Standard Deviation | 8.37 | |||
| Variance | 70.04 | |||
| Information Ratio | 0.0922 | |||
| Jensen Alpha | 0.8903 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.1104 | |||
| Treynor Ratio | (29.07) | |||
| Maximum Drawdown | 51.9 | |||
| Value At Risk | (10.81) | |||
| Potential Upside | 15.69 | |||
| Downside Variance | 48.8 | |||
| Semi Variance | 39.75 | |||
| Expected Short fall | (7.74) | |||
| Skewness | 1.03 | |||
| Kurtosis | 3.26 |
| Risk Adjusted Performance | 0.0912 | |||
| Market Risk Adjusted Performance | (29.06) | |||
| Mean Deviation | 6.22 | |||
| Semi Deviation | 6.31 | |||
| Downside Deviation | 6.99 | |||
| Coefficient Of Variation | 933.23 | |||
| Standard Deviation | 8.37 | |||
| Variance | 70.04 | |||
| Information Ratio | 0.0922 | |||
| Jensen Alpha | 0.8903 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.1104 | |||
| Treynor Ratio | (29.07) | |||
| Maximum Drawdown | 51.9 | |||
| Value At Risk | (10.81) | |||
| Potential Upside | 15.69 | |||
| Downside Variance | 48.8 | |||
| Semi Variance | 39.75 | |||
| Expected Short fall | (7.74) | |||
| Skewness | 1.03 | |||
| Kurtosis | 3.26 |
Consider Flora Growth's intraday indicators
Flora Growth intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Flora Growth stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Flora Growth time-series forecasting models is one of many Flora Growth's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Flora Growth's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Flora Stock media impact
Far too much social signal, news, headlines, and media speculation about Flora Growth that are available to investors today. That information is available publicly through Flora media outlets and privately through word of mouth or via Flora internal channels. However, regardless of the origin, that massive amount of Flora data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Flora Growth news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Flora Growth relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Flora Growth's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Flora Growth alpha.
Flora Growth Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Flora Growth can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Flora Growth Corporate Management
| CPA CPA | Chief Officer | Profile | |
| Holly Bell | Vice Affairs | Profile | |
| Matthew Cohen | G Counsel | Profile | |
| Aaron Atin | Corporate Secretary | Profile | |
| Javier Franco | VP Agriculture | Profile | |
| FCA FCA | Advisor | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flora Growth. If investors know Flora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.37) | Revenue Per Share 7.41 | Quarterly Revenue Growth (0.27) | Return On Assets (0.17) | Return On Equity (1.35) |
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Flora Growth's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.