Atb Cap Markets Cuts Earnings Estimates for Ayr Wellness

Ayr Wellness Inc. (CVE:AYR) – Stock analysts at Atb Cap Markets dropped their FY2024 EPS estimates for Ayr Wellness in a research note issued on Wednesday, November 13th. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings of ($1.89) per share for the year, down from their prior estimate 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.

Other equities research analysts also recently issued reports about the stock. Roth Capital upgraded shares of Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th. Ventum Cap Mkts raised shares of Ayr Wellness to a “strong-buy” rating in a research report on Wednesday, August 7th.

Ayr Wellness Price Performance

Insider Activity

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