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Cresco Labs (TSE:CL)
CNQX:CL
Holding TSE:CL?
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CL Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.45 - C$3.58
Previous CloseC$2.31
Volume185.60K
Average Volume (3M)152.23K
Market Cap
C$1.02B
Enterprise ValueC$1.66B
Total Cash (Recent Filing)$112.30M
Total Debt (Recent Filing)$682.14M
Price to Earnings (P/E)―
Beta1.93
Next Earnings
Nov 13, 2024EPS Estimate
<C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.68
Shares Outstanding440,974,000
10 Day Avg. Volume127,951
30 Day Avg. Volume152,232
Standard Deviation0.21
R-Squared0.17
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.12
Price to Sales (P/S)1.00
Price to Cash Flow (P/CF)10.70
P/FCF Ratio6.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.23
Enterprise Value/Gross Profit4.59
Enterprise Value/Ebitda-912.67
Forecast
1Y Price Target
C$3.99Price Target Upside72.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Cresco Labs News
PremiumCompany Announcements
Cresco Labs Appoints New CFO Amidst Growth
PremiumCompany Announcements
Cresco Labs Exhibits Strong Q2 2024 Financial Growth
PremiumCompany Announcements
Cresco Labs Expands Cannabis Market in Ohio
PremiumCompany Announcements
Cresco Labs Announces Q2 2024 Financial Results Date
PremiumCompany Announcements
Cresco Labs Elects New Board, Enhances Incentive Plan
PremiumCompany Announcements
Cresco Labs Triumphs with Strong Q1 FinancialsBulls Say, Bears Say
Bulls Say
Growth PotentialStrong brand presence is contributing positively to the company's market share.
Operational EfficiencyMargins continue to outperform, indicating strong operational efficiency.
Strategic Market PositioningThe company shows potential for growth due to its strategic market positioning.
Bears Say
Capital ExpendituresManagement introduced a capex guidance for 2024 of $50-70M, which currently stands above estimates and implies a meaningful step up in the subsequent quarters, likely implying lower free cash flow generation for the remainder of the year.
Regulatory ChangesThere are concerns about regulatory changes that could impact the company's operations.
Sales OutlookManagement maintained its relatively conservative 2024 outlook, reiterating guidance of flattish sales in the middle of the year and resumption in growth by the end of the year.
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Options Prices
Currently, No data available
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Ownership Overview
57.33% Insiders
1.64% Mutual Funds
0.21% Other Institutional Investors
40.82% Public Companies and
Individual Investors
CL FAQ
What was Cresco Labs’s price range in the past 12 months?
Cresco Labs lowest stock price was C$1.45 and its highest was C$3.58 in the past 12 months.
What is Cresco Labs’s market cap?
Currently, no data Available
When is Cresco Labs’s upcoming earnings report date?
Cresco Labs’s upcoming earnings report date is Nov 13, 2024 which is in 56 days.
How were Cresco Labs’s earnings last quarter?
Cresco Labs released its earnings results on Aug 08, 2024. The company reported -C$0.197 earnings per share for the quarter, missing the consensus estimate of C$0.018 by -C$0.215.
Is Cresco Labs overvalued?
According to Wall Street analysts Cresco Labs’s price is currently Undervalued.
Does Cresco Labs pay dividends?
Cresco Labs does not currently pay dividends.
What is Cresco Labs’s EPS estimate?
Cresco Labs’s EPS estimate is <C$0.01.
How many shares outstanding does Cresco Labs have?
Cresco Labs has 329,438,450 shares outstanding.
What happened to Cresco Labs’s price movement after its last earnings report?
Cresco Labs reported an EPS of -C$0.197 in its last earnings report, missing expectations of C$0.018. Following the earnings report the stock price went up 13.198%.
Which hedge fund is a major shareholder of Cresco Labs?
Currently, no hedge funds are holding shares in TSE:CL
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Cresco Labs Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$3.99 (72.94% Upside)
C$3.99 (72.94% Upside)
Blogger Sentiment
Bullish
TSE:CL Sentiment 85%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $407.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.19%
12-Months-Change
Fundamentals
Return on Equity
-31.61%
Trailing 12-Months
Asset Growth
-10.14%
Trailing 12-Months
Company Description
Cresco Labs
Cresco Labs Inc is a Canada based company engaged in the production and sale of cannabis. The company distribute its products to dispensaries nationwide, including several dispensaries owned and operated by its team. Its product includes Reserve, Remedi, Mindy's. All the revenues of the company were generated in the United States. It has ownership interests in Illinois, Pennsylvania, Ohio, California, Maryland, and Arizona.
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CL Company Deck
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CL Earnings Call
Q2 2024
0:00 / 0:00
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CL Stock 12 Month Forecast
Average Price Target
C$3.99
▲(72.94% Upside)
Technical Analysis
Cresco Labs
―
Green Thumb Industries
―
Curaleaf Holdings
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Trulieve Cannabis
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Acreage Holdings
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Best Analysts Covering CL
1 Year
1 Year Success Rate
9/24 ratings generated profit
1 Year Average Return
+11.60%
reiterated a buy rating 4 months ago
Copying Derek Dley's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of +11.60% per trade.
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