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Cronos Group (TSE:CRON)
TSX:CRON
Holding TSE:CRON?
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CRON Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$2.33 - C$4.28
Previous CloseC$3.09
Volume55.19K
Average Volume (3M)100.69K
Market Cap
C$1.17B
Enterprise ValueC$27.54M
Total Cash (Recent Filing)$848.19M
Total Debt (Recent Filing)$1.99M
Price to Earnings (P/E)―
Beta1.16
Next Earnings
Nov 06, 2024EPS Estimate
<C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.20
Shares Outstanding382,280,725
10 Day Avg. Volume106,764
30 Day Avg. Volume100,689
Standard Deviation0.15
R-Squared0.09
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.12
Price to Sales (P/S)8.45
Price to Cash Flow (P/CF)123.30
P/FCF Ratio259.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.35
Enterprise Value/Gross Profit2.31
Enterprise Value/Ebitda-2.72
Forecast
1Y Price Target
C$3.14Price Target Upside2.12% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering1
Cronos Group News
Bulls Say, Bears Say
Bulls Say
Cost ManagementOperating expenses decreased by 8% year over year due to effective sales and cost control measures.
EarningsCRON's 2Q24 net sales reached $27.8 million, marking a 46% increase year over year and setting a quarterly record.
ProfitabilityGross margins improved to 24%, up by 7.8 percentage points year over year, and surpassed estimates of 19%, driven by higher sales.
Bears Say
Geopolitical RisksDisruptions due to the Israel-Hamas war create significant uncertainty for the stock.
Regulatory EnvironmentRegulatory forces weigh heavily on the sector’s valuation and are expected to keep CRON’s stock low.
ValuationDespite progress on sales and reducing costs, the valuation will remain low until concrete progress on US federal cannabis reform is seen.
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CRON FAQ
What was Cronos Group’s price range in the past 12 months?
Cronos Group lowest stock price was C$2.33 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 Nov 06, 2024 which is in 47 days.
How were Cronos Group’s earnings last quarter?
Cronos Group released its earnings results on Aug 08, 2024. The company reported -C$0.027 earnings per share for the quarter, missing the consensus estimate of -C$0.004 by -C$0.023.
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 382,280,730 shares outstanding.
What happened to Cronos Group’s price movement after its last earnings report?
Cronos Group reported an EPS of -C$0.027 in its last earnings report, missing expectations of -C$0.004. Following the earnings report the stock price went up 3.268%.
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 Sell
Average Price Target:
C$3.14 (2.12% Upside)
C$3.14 (2.12% Upside)
Blogger Sentiment
Bullish
TSE:CRON Sentiment 82%
Sector Average 71%
Sector Average 71%
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.88%
12-Months-Change
Fundamentals
Return on Equity
-5.22%
Trailing 12-Months
Asset Growth
-6.62%
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
Q2 2024
0:00 / 0:00
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CRON Stock 12 Month Forecast
Average Price Target
C$3.14
▲(2.12% Upside)
Technical Analysis
Best Analysts Covering CRON
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+12.47%
reiterated a buy rating 4 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 +12.47% per trade.
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