Cowen & Co. is very positive about TTCF and gave it a « » rating on Dec 08, 2021. The price target was set to 16.27+2.59.
Similarly, What stock sector is TTCF in?
Key Data
| Label | Value |
|---|---|
| Exchange | NASDAQ-CM |
| Sector | Consumer Non-Durables |
| Industry | Farming/Seeds/Milling |
| 1 Year Target | $19.00 |
Who owns TTCF stock? Top 10 Owners of Tattooed Chef Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| SSgA Funds Management, Inc. | 1.06% | 874,121 |
| Geode Capital Management LLC | 0.98% | 801,472 |
| Goldman Sachs Asset Management LP | 0.78% | 639,774 |
| Davy Global Fund Management Ltd. | 0.68% | 562,538 |
Thereof, Why is TTCF stock dropping?
TTCF stock fell significantly following its most recent earnings report, which fell short of revenue guidance and featured a sizable operating loss. Shares are now down 15% year-to-date. Bulls haven’t given up, however. Some traders have been picking up TTCF stock in hopes of a major short squeeze.
Is TTCF overvalued?
EBITDA for 2026 is 14.6 times (i.e., $1.4 billion divided by $96 million). This is a very high ratio and essentially means that the TTCF stock is still fairly valued-to-overvalued.
Was Tattooed Chef a SPAC?
Tattooed Chef (NASDAQ: TTCF) is a plant-based food company that went public through a special purpose acquisition company (SPAC) in 2020. The brand is tapping into growing healthy eating and plant-based food trends.
Is tattooed chef undervalued?
Financials and Valuation
In my opinion, the company is undervalued today with a market capitalization of about $1.3 billion. Further, the company is trading at about a 6 price-to-sales ratio based on the management’s revenue guidance of about $210-215 million for the full year 2021.
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