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Cronos Group (CRON)
NASDAQ:CRON
Cronos Group (CRON) Stock Price & Analysis
5,159 Followers
CRON Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.64 - $3.14
Previous Close$2.5
Volume1.00M
Average Volume (3M)3.29M
Market Cap
$959.16M
Enterprise Value$102.73M
Total Cash (Recent Filing)$855.11M
Total Debt (Recent Filing)$2.26M
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Aug 08, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding382,011,178
10 Day Avg. Volume936,062
30 Day Avg. Volume3,293,258
Standard Deviation0.16
R-Squared0.12
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.92
Price to Sales (P/S)40.39
Price to Cash Flow (P/CF)-110.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.49
Enterprise Value/Gross Profit8.63
Enterprise Value/Ebitda-24.70
Forecast
1Y Price Target
$2.75Price Target Upside11.79% Upside
Rating ConsensusHold
Number of Analyst Covering5
Cronos Group News
PremiumCompany Announcements
Cronos Group Reassesses Strategy After Deal Falls Through
Bulls Say, Bears Say
Bulls Say
Market ReformsCannabis stocks rally on growing optimism for reform.
Mergers And AcquisitionsThe 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.
Bears Say
Financial PerformanceTrends in 4Q23 actually worsened, with gross margins dropping and with selling, general and administrative expenses still at 72% of sales.
Long-term ValueCronos' financial delivery has done little to support confidence in long-term value creation.
Regulatory EnvironmentAn election year normally adds to the gridlock in Congress, causing concern for US reform.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CRON FAQ
What was Cronos Group’s price range in the past 12 months?
Cronos Group lowest stock price was $1.64 and its highest was $3.14 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 55 days.
How were Cronos Group’s earnings last quarter?
Cronos Group released its earnings results on May 09, 2024. The company reported -$0.01 earnings per share for the quarter, the consensus estimate of -$0.01 by $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 >-$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 -$0.01 in its last earnings report, expectations of -$0.01. Following the earnings report the stock price went up 10.465%.
Which hedge fund is a major shareholder of Cronos Group?
Currently, no hedge funds are holding shares in CRON
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Cronos Group Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$2.75 (11.79% Upside)
$2.75 (11.79% Upside)
Blogger Sentiment
Bullish
CRON Sentiment 78%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.85%
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
$2.75
▲(11.79% Upside)
Technical Analysis
Best Analysts Covering CRON
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+13.83%
reiterated a buy rating last month
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 +13.83% per trade.
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