Greenlane Holdings Stock Today

GNLN Stock  USD 1.83  0.06  3.17%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 44

 
High
 
Low
Below Average
Greenlane Holdings is selling at 1.83 as of the 30th of November 2024; that is 3.17 percent decrease since the beginning of the trading day. The stock's open price was 1.89. Greenlane Holdings has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Greenlane Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
18th of April 2019
Category
Consumer Defensive
Classification
Consumer Discretionary
Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe. Greenlane Holdings, Inc. was founded in 2005 and is headquartered in Boca Raton, Florida. The company has 1.34 M outstanding shares of which 34.48 K shares are currently shorted by private and institutional investors with about 0.03 trading days to cover. More on Greenlane Holdings

Moving against Greenlane Stock

  0.9VSCO Victorias SecretPairCorr
  0.89WRBY Warby ParkerPairCorr
  0.79ORLY OReilly AutomotivePairCorr
  0.7WEYS Weyco GroupPairCorr
  0.56HD Home DepotPairCorr
  0.52GAP Gap, Symbol ChangePairCorr

Greenlane Stock Highlights

CEO DirectorCraig Snyder
Thematic IdeaWholesale (View all Themes)
Business ConcentrationDistributors, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Wholesale, Consumer Discretionary, Distributors, Tobacco, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.071.7161
Fairly Up
Slightly volatile
Total Current Liabilities36.7 M41 M
Moderately Down
Slightly volatile
Non Current Liabilities Total15.1 M13.5 M
Moderately Up
Slightly volatile
Total Assets134.4 M168 M
Significantly Down
Slightly volatile
Total Current Assets79.7 M88.2 M
Moderately Down
Slightly volatile
Debt Levels
Greenlane Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Greenlane Holdings' financial leverage. It provides some insight into what part of Greenlane Holdings' total assets is financed by creditors.
Liquidity
Greenlane Holdings currently holds 19.8 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Greenlane Holdings has a current ratio of 1.62, which is within standard range for the sector. Note, when we think about Greenlane Holdings' use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

15.87 Million
Greenlane Holdings (GNLN) is traded on NASDAQ Exchange in USA. It is located in 1095 Broken Sound Parkway, Boca Raton, FL, United States, 33487 and employs 12 people. Greenlane Holdings is listed under Distributors category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.45 M. Greenlane Holdings conducts business under Distributors sector and is part of Consumer Discretionary industry. The entity has 1.34 M outstanding shares of which 34.48 K shares are currently shorted by private and institutional investors with about 0.03 trading days to cover. Greenlane Holdings currently holds about 9.13 M in cash with (26.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.24.
Check Greenlane Holdings Probability Of Bankruptcy
Ownership Allocation
Roughly 95.49 (percent) of Greenlane Holdings outstanding shares are held by general public with 0.94 % owned by insiders and only 3.56 pct. by outside corporations.
Check Greenlane Ownership Details

Greenlane Stock Institutional Holders

InstituionRecorded OnShares
Dt Investment Partners, Llc2024-09-30
2.0
Cwm, Llc Duplicate2024-06-30
2.0
Signaturefd, Llc2024-09-30
1.0
Millennium Management Llc2024-06-30
0.0
U.s. Bancorp2024-06-30
0.0
Qube Research & Technologies2024-06-30
0.0
Wells Fargo & Co2024-06-30
0.0
Tower Research Capital Llc2024-06-30
0.0
Armistice Capital, Llc2024-06-30
0.0
Arrow Financial Corp(junk)2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
View Greenlane Holdings Diagnostics

Greenlane Holdings Historical Income Statement

Greenlane Holdings reported last year Tax Provision of (13,000). As of the 30th of November 2024, Interest Income is likely to grow to about 15.7 M, while Interest Expense is likely to drop about 1.4 M. View More Fundamentals

Greenlane Stock Against Markets

Greenlane Holdings Corporate Management

Rodrigo OliveiraChief OfficerProfile
Barbara SherChief OfficerProfile
Najim CFADirector RelationsProfile
Amir SadrGeneral CounselProfile
Nicholas KovacevichChief OfficerProfile
When determining whether Greenlane Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenlane Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenlane Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenlane Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Distributors 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 Greenlane Holdings. If investors know Greenlane 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 Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(117.59)
Revenue Per Share
61.566
Quarterly Revenue Growth
(0.86)
Return On Assets
(0.23)
Return On Equity
(1.42)
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' 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 Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' 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.