NASDAQ:CRON

Cronos Group (CRON) Stock Price, News & Analysis

$2.93
+0.16 (+5.78%)
(As of 05/13/2024 ET)
Today's Range
$2.81
$2.96
50-Day Range
$1.96
$2.94
52-Week Range
$1.64
$2.99
Volume
2.72 million shs
Average Volume
3.63 million shs
Market Capitalization
$1.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.83

Cronos Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
3.3% Downside
$2.83 Price Target
Short Interest
Healthy
3.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.40mentions of Cronos Group in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.01) to $0.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.23 out of 5 stars

Medical Sector

2718th out of 2,771 stocks

Medicinals & Botanicals Industry

28th out of 30 stocks

CRON stock logo

About Cronos Group Stock (NASDAQ:CRON)

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

CRON Stock Price History

CRON Stock News Headlines

Cronos Group First Quarter 2024 Earnings: Beats Expectations
7 Cannabis Stocks to Buy for a Smoking-Hot 2024
Cronos: Q1 Earnings Snapshot
Cronos Group Reports 2024 First Quarter Results
The 3 Best Meme Stocks to Buy in May 2024
Cronos Enters United Kingdom Cannabis Market
3 Cannabis Penny Stocks to Buy for 3-Bagger Returns
Why Marijuana Stocks Got Burnt Today
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/14/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medicinals & botanicals
Sub-Industry
N/A
Current Symbol
NASDAQ:CRON
Fax
N/A
Employees
356
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.83
High Stock Price Target
$3.00
Low Stock Price Target
$2.50
Potential Upside/Downside
-3.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-73,960,000.00
Pretax Margin
-61.53%

Debt

Sales & Book Value

Annual Sales
$87.24 million
Book Value
$2.87 per share

Miscellaneous

Free Float
374,524,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.11
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CRON Stock Analysis - Frequently Asked Questions

Should I buy or sell Cronos Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CRON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares.
View CRON analyst ratings
or view top-rated stocks.

What is Cronos Group's stock price target for 2024?

3 brokers have issued twelve-month price targets for Cronos Group's stock. Their CRON share price targets range from $2.50 to $3.00. On average, they expect the company's share price to reach $2.83 in the next year. This suggests that the stock has a possible downside of 3.3%.
View analysts price targets for CRON
or view top-rated stocks among Wall Street analysts.

How have CRON shares performed in 2024?

Cronos Group's stock was trading at $2.09 at the start of the year. Since then, CRON stock has increased by 40.2% and is now trading at $2.93.
View the best growth stocks for 2024 here
.

When is Cronos Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our CRON earnings forecast
.

How were Cronos Group's earnings last quarter?

Cronos Group Inc. (NASDAQ:CRON) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $25.29 million for the quarter, compared to analyst estimates of $24.30 million. Cronos Group had a negative net margin of 61.31% and a negative trailing twelve-month return on equity of 3.06%. During the same quarter last year, the company earned ($0.03) EPS.

What other stocks do shareholders of Cronos Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include Tilray (TLRY), NVIDIA (NVDA), Advanced Micro Devices (AMD), Dollar Tree (DLTR), Micron Technology (MU), Alibaba Group (BABA) and Organigram (OGI).

Who are Cronos Group's major shareholders?

Cronos Group's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.86%), Mirae Asset Global Investments Co. Ltd. (0.26%), IMC Chicago LLC (0.00%), Janney Montgomery Scott LLC (0.08%), SeaCrest Wealth Management LLC (0.02%) and Madrona Financial Services LLC (0.01%).
View institutional ownership trends
.

How do I buy shares of Cronos Group?

Shares of CRON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRON) was last updated on 5/14/2024 by MarketBeat.com Staff

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