Full Answer
Should you buy Planet 13 stock?
The consensus among Wall Street research analysts is that investors should "buy" Planet 13 stock. View analyst ratings for Planet 13 or view top-rated stocks. How has Planet 13's stock price been impacted by COVID-19 (Coronavirus)?
Why is Planet 13’s market cap rising?
Influenced partly by the now-infamous subreddit community WallStreetBets, the marijuana race is putting companies like Planet 13 on a pedestal. The recent rise in Planet 13's market cap isn't necessarily indicative of a long-term swell.
What does Planet 13 Holdings do?
Planet 13 Holdings, Inc. engages in the manufacture and production of cannabis products. The firm operates the Planet 13 Superstore, which dispenses the Medizin and Planet 13 product lines. It also provides consultation, education and convenience services. The firm also operates Trece, a Mexican themed restaurant.
What is the upside for Planet 13 (PTR) stock?
Their forecasts range from $6.00 to $7.00. On average, they expect Planet 13's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Planet 13 or view top-rated stocks among Wall Street analysts.
Will Planet 13 stock go up?
Stock Price Forecast The 4 analysts offering 12-month price forecasts for Planet 13 Holdings Inc have a median target of 3.25, with a high estimate of 4.50 and a low estimate of 1.95. The median estimate represents a +116.92% increase from the last price of 1.50.
Is Planet 13 a buy or sell?
Our rating for Planet 13 remains Buy and our price target at $4.50.
Does Planet 13 pay dividends?
Does Planet 13 pay a dividend on its stock? Planet 13 does not pay a dividend at this time.
Is OrganiGram Holdings a buy?
OrganiGram has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Is Planet 13 a good long term investment?
If you are looking for stocks with good return, Planet 13 Holdings Inc stock can be a bad, high-risk 1-year investment option. Planet 13 Holdings Inc real time quote is equal to 1.540 USD at 2022-06-04, but your current investment may be devalued in the future.
Is Planet 13 undervalued?
However, Planet 13's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value....USD 1.60 0.14 9.59%LowNext ValueHigh0.0294951.476.11
What company owns Planet 13?
Planet 13 Holdings, Inc.Planet 13 Holdings, Inc. is a cannabis company based in Nevada, United States. On Nov 1, 2018, the company opened its cannabis dispensary in Las Vegas which became the largest cannabis dispensary in the world at 112,000 square feet....Planet 13 Holdings.Traded asCSE: PLTH and OTCQX: PLNHFWebsitehttps://www.planet13holdings.com6 more rows
What is the price target for Planet 13?
Stock Price TargetsHigh$4.50Median$3.25Low$1.95Average$3.24Current Price$1.5600
Is Sundial growers a buy?
Following the Q3 earnings report, Sundial shares experienced a strong rally. However, even though SNDL is worth just over 50 cents and is under pressure to pass the $1-per-share level to remain in compliance with Nasdaq, here are three reasons why buying the stock ahead of earnings could be a good deal.
Should I sell my OrganiGram stock?
Organigram Holdings(OGI-X) Rating A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Why is OrganiGram stock falling?
New Brunswick-based cannabis producer Organigram's net revenue fell to a multiyear low of 14.6 million Canadian dollars ($11.6 million) in its December 2020-February 2021 quarter, the company said Tuesday.
Is OGI being shorted?
Stock - Short Squeeze, Short Sale Volume, Borrow Rates, Fails-To-Deliver....Short Interestshares - source: NASDAQOff-Exchange Short Volume Ratio57.62% - source: FINRA (inc. Dark Pool volume)3 more rows
Are investors shorting Planet 13?
Planet 13 saw a increase in short interest in May. As of May 15th, there was short interest totaling 43,900 shares, an increase of 41.6% from the A...
When is Planet 13's next earnings date?
Planet 13 is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022. View our earnings forecast for Planet 13 .
How were Planet 13's earnings last quarter?
Planet 13 Holdings Inc. (OTCMKTS:PLNHF) announced its quarterly earnings results on Monday, March, 28th. The company reported ($0.04) earnings per...
Who are Planet 13's key executives?
Planet 13's management team includes the following people: Mr. Robert Allen Groesbeck , Co-CEO & Co-Chairman (Age 61, Pay $1.02M) Mr. Larry Norm...
Who are some of Planet 13's key competitors?
Some companies that are related to Planet 13 include Canadian Tire (CDNTF) , China Yongda Automobiles Services (CYYHF) , Papillon Resources (PIR...
What is Planet 13's stock symbol?
Planet 13 trades on the OTCMKTS under the ticker symbol "PLNHF."
How do I buy shares of Planet 13?
Shares of PLNHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
What is Planet 13's stock price today?
One share of PLNHF stock can currently be purchased for approximately $1.49.
How many employees does Planet 13 have?
Planet 13 employs 575 workers across the globe.
3.5 Analyst's Opinion
Planet 13 has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Is Planet 13 a buy right now?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet 13 in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Planet 13 stock. View analyst ratings for Planet 13 or view top-rated stocks.
How has Planet 13's stock price been impacted by COVID-19 (Coronavirus)?
Planet 13's stock was trading at $1.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PLNHF stock has increased by 93.6% and is now trading at $2.71. View which stocks have been most impacted by COVID-19.
When is Planet 13's next earnings date?
Planet 13 is scheduled to release its next quarterly earnings announcement on Monday, April 4th 2022. View our earnings forecast for Planet 13.
What price target have analysts set for PLNHF?
1 brokers have issued 12 month price objectives for Planet 13's shares. Their forecasts range from $7.00 to $7.00. On average, they anticipate Planet 13's stock price to reach $7.00 in the next twelve months.
Who are some of Planet 13's key competitors?
Some companies that are related to Planet 13 include Canadian Tire (CDNTF), China Yongda Automobiles Services (CYYHF), Papillon Resources (PIR), Pets at Home Group (PAHGF), Temple & Webster Group (TPLWF) and WH Smith (WHTPF). View all of PLNHF's competitors.
How do I buy shares of Planet 13?
Shares of PLNHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How much revenue does Planet 13 have in 2019?
The first real quarter of Planet 13 Las Vegas in 2019 they had revenues of $13.8M which equals about $153,000 in daily revenue for the entire quarter. I’m just 2 short years Las Vegas store now put out $23.8M in the most recent quarter. So it definitely did take some time to ramp.
What is the potential of P13?
The potential is who can be ready to capitalize on it when it comes. P13 is building out in anticipation of that coming. The investment isn’t based on who was there Saturday night. The play is who will be ready when legalization hits to become a market leader.
Where is Planet 13 located?
Planet 13 is known for its flagship namesake cannabis store in Las Vegas, which also happens to be the largest pot dispensary in the world. It is located very near the Strip, only a few miles away from the major resorts and casinos.
Is Planet 13 profitable?
Can you count on the stock? Not only is Planet 13 is experiencing rapid sales growth, but it is also profitable. The company increased its net income tenfold to $3 million in the first quarter of 2021 compared with the prior year's quarter. It is also doing well in terms of capital management, with negligible debt and over $140 million in cash on ...
What is Planet 13?
LAS VEGAS, NV / ACCESSWIRE / May 19, 2021 / Planet 13 Holdings Inc. (CSE:PLTH) (OTCQB:PLNHF) ("Planet 13" or the "Company"), a leading vertically-integrated Nevada cannabis company announced today that it plans to release its financial results for the first quarter ended March 31st, 2021 on May 27th, 2021 aftermarket.
When will Planet 13 be open?
Planet 13’s California SuperStore to Launch with Tinley’s Beverages in July Planet 13’s “SuperStore” in Santa Ana, California is expected to open in July 2021, with Tinley’s products featured in the inaugural selection of cannabis-infused beverages.
How to buy Planet 13 stock?
How to purchase Planet 13 stock on the OTC. First, find a broker (either a domestic broker that works globally or a local broker in your target country). Two examples of brokers who trade OTC include InteractiveBrokers and TradeStation. You're more likely to find a broker with a physical location (instead of an online brokerage or trading platform).
When did Planet 13 come out?
HaHa (marijuana gummies) Planet 13 debuted on the OTC in June 2018. Now that the stock has recovered from its post-offering volatility, let's just say—early investors are happy. Article continues below advertisement.
How many brands does Planet 13 have?
11 (you can't make this stuff up). Currently, Planet 13 has eight brands on its docket, including: Planet 13 debuted on the OTC in June 2018.
Where is Planet 13 headquartered?
This could change the game for Planet 13, which is headquartered in Nevada. Until then, Planet 13 will remain an international ...
Is Planet 13 a penny stock?
Like Robinhood, the WeBull platform does allow penny stocks (in this case, below $5.00 per share), but they still have to be listed on the NYSE or the Nasdaq Exchange. Because Planet 13 is an American company that's cross- listed on the CSE, it's less risky than traditional OTC stocks.
The Fed needs to fix inflation at all costs
It doesn't matter that the market will crash. This isn't a choice anymore, they can only kick the can down the road for so long. This is hurting the average person severely, there is already a lot of uproar. This isn't getting better, they have to act.
In 2014 when Russia attacked Ukraine, there was absolutely no crash in the market. Why would now be any different?
I think the media is partly to blame for this. Maybe in 2014 they weren't talking about Russian invasion every 5 seconds. But why would now be any different? There shouldn't be any crash at all.
Fed says it has to "front load" rate hikes to stave inflation
St Louis Fed president says Fed has to front load hikes as inflation is accelerating. Why don't they simply shut up and announce a half point , or 3/4 point hike? Is this system that levered and frail that after months of signalling, the market can't handle .50? That seems way more concerning structurally than inflation, imo.
Why should a war in Ukraine cause significant drops in the US stock market?
The top market cap companies in the S&P500 are companies like FAAMNG. None of their business has anything to do with what's going on in Ukraine.
