Fire & Flower Holdings Corp. (TSE:FAF – Get Rating) – Pi Financial issued their FY2023 EPS estimates for shares of Fire & Flower in a report released on Wednesday, December 14th. Pi Financial analyst J. Zandberg forecasts that the company will earn ($0.65) per share for the year. Pi Financial currently has a "Buy" rating and a $5.50 price objective on the stock. The consensus estimate for Fire & Flower's current full-year earnings is ($0.58) per share. Pi Financial also issued estimates for Fire & Flower's Q4 2023 earnings at ($0.34) EPS.
Get Fire & Flower alerts:A number of other brokerages have also commented on FAF. Echelon Wealth Partners raised shares of Fire & Flower from a "hold" rating to a "speculative buy" rating in a research report on Tuesday, December 13th. ATB Capital cut their price objective on shares of Fire & Flower from C$4.50 to C$2.80 and set a "buy" rating on the stock in a report on Wednesday, October 19th. Finally, Atb Cap Markets upgraded shares of Fire & Flower from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, December 13th.
Fire & Flower Stock Up 4.5 %
Shares of TSE FAF opened at C$1.15 on Monday. The company has a debt-to-equity ratio of 41.74, a current ratio of 1.48 and a quick ratio of 1.03. The company has a market cap of C$52.35 million and a P/E ratio of -3.36. Fire & Flower has a 1 year low of C$1.01 and a 1 year high of C$6.29. The firm has a 50-day simple moving average of C$1.54 and a two-hundred day simple moving average of C$2.10.About Fire & Flower
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Fire & Flower Holdings Corp. operates as an independent cannabis retailer in Canada and the United States. The company operates through Retail, Wholesale and Logistics, and Digital Platform segments. The Retail segment sells cannabis products and accessories to the adult-use market in provinces under the Fire & Flower, Friendly Stranger, Happy Dayz, and Hotbox retail banners.
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