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Cronos Group (TSE:CRON)
TSX:CRON
Cronos Group (CRON) Stock Price & Analysis
397 Followers
CRON Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$2.20 - C$4.28
Previous CloseC$3.06
Volume146.02K
Average Volume (3M)194.72K
Market Cap
C$1.17B
Enterprise Value-C$7.89M
Total Cash (Recent Filing)$855.11M
Total Debt (Recent Filing)$2.26M
Price to Earnings (P/E)―
Beta1.00
Next Earnings
Aug 08, 2024EPS Estimate
>-C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.20
Shares Outstanding382,011,178
10 Day Avg. Volume87,736
30 Day Avg. Volume194,716
Standard Deviation0.15
R-Squared0.09
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.86
Price to Sales (P/S)52.87
Price to Cash Flow (P/CF)-103.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.11
Enterprise Value/Gross Profit-0.66
Enterprise Value/Ebitda1.90
Forecast
1Y Price Target
C$3.86Price Target Upside26.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Cronos Group News
PremiumCompany Announcements
Cronos Group Sets Date for Virtual Shareholders Meeting
PremiumCompany Announcements
Cronos Group Invests in Global Cannabis ExpansionBulls Say, Bears Say
Bulls Say
Market ExpansionThe potential to use their recently differentiated innovation in the world's biggest market, the US, supported by M&A, is a possible bull case.
Product InnovationCronos has been seeing some impressive recent success with new value-add products under the Spinach brand.
Regulatory ChangesCannabis stocks rally on growing optimism for reform.
Bears Say
Financial ConfidenceCronos' financial delivery has done little to support confidence in long-term value creation.
Financial PerformanceTrends in gross margins worsened, coupled with selling, general and administrative expenses still at 72% of sales.
Market ConditionsHistory has proved that progress in the cannabis world moves at a much slower pace than investors might want.
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Options Prices
Currently, No data available
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Ownership Overview
92.66% Insiders
1.76% Mutual Funds
4.77% Other Institutional Investors
0.82% Public Companies and
Individual Investors
CRON FAQ
What was Cronos Group’s price range in the past 12 months?
Cronos Group lowest stock price was C$2.20 and its highest was C$4.28 in the past 12 months.
What is Cronos Group’s market cap?
Currently, no data Available
When is Cronos Group’s upcoming earnings report date?
Cronos Group’s upcoming earnings report date is Aug 08, 2024 which is in 33 days.
How were Cronos Group’s earnings last quarter?
Cronos Group released its earnings results on May 09, 2024. The company reported -C$0.014 earnings per share for the quarter, the consensus estimate of -C$0.014 by C$0.
Is Cronos Group overvalued?
According to Wall Street analysts Cronos Group’s price is currently Undervalued.
Does Cronos Group pay dividends?
Cronos Group does not currently pay dividends.
What is Cronos Group’s EPS estimate?
Cronos Group’s EPS estimate is >-C$0.01.
How many shares outstanding does Cronos Group have?
Cronos Group has 382,011,170 shares outstanding.
What happened to Cronos Group’s price movement after its last earnings report?
Cronos Group reported an EPS of -C$0.014 in its last earnings report, expectations of -C$0.014. Following the earnings report the stock price went up 9.244%.
Which hedge fund is a major shareholder of Cronos Group?
Currently, no hedge funds are holding shares in TSE:CRON
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Cronos Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$3.86 (26.97% Upside)
C$3.86 (26.97% Upside)
Blogger Sentiment
Bullish
TSE:CRON Sentiment 81%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.72%
12-Months-Change
Fundamentals
Return on Equity
-4.91%
Trailing 12-Months
Asset Growth
-4.40%
Trailing 12-Months
Company Description
Cronos Group
Cronos Group, Inc. engages in the production and sale of cannabis in federally legal jurisdictions, including Canada and Germany. Its portfolio includes Peace Naturals, Original BC (OGBC) and Whistler Medical Marijuana Company (WMMC). The company was founded by Lorne Michael Gertner and Paul Rosen on August 21, 2012 and is headquartered in Toronto, Canada.
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CRON Earnings Call
Q1 2024
0:00 / 0:00
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CRON Stock 12 Month Forecast
Average Price Target
C$3.86
▲(26.97% Upside)
Technical Analysis
Best Analysts Covering CRON
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+12.90%
reiterated a buy rating 2 months ago
Copying Matt Bottomley's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +12.90% per trade.
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