NASDAQ:CRON

Cronos Group Stock Forecast, Price & News

$9.03
+0.38 (+4.39 %)
(As of 06/24/2021 12:00 AM ET)
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Today's Range
$8.67
$9.09
50-Day Range
$7.16
$9.06
52-Week Range
$4.91
$15.83
Volume2.40 million shs
Average Volume4.67 million shs
Market Capitalization$3.36 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.79
30 days | 90 days | 365 days | Advanced Chart
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Cronos Group logo

About Cronos Group

Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under two adult-use brands, COVE and Spinach. The company also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

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MarketRank

Overall MarketRank

0.75 out of 5 stars

Medical Sector

1282nd out of 2,106 stocks

Medicinals & Botanicals Industry

12th out of 32 stocks

Analyst Opinion: 0.8Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
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Cronos Group (NASDAQ:CRON) Frequently Asked Questions

Is Cronos Group a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last twelve months. There are currently 3 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Cronos Group stock. 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 analyst ratings for Cronos Group
or view top-rated stocks.

What stocks does MarketBeat like better than Cronos Group?

Wall Street analysts have given Cronos Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cronos Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Cronos Group's next earnings date?

Cronos Group is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Cronos Group
.

How were Cronos Group's earnings last quarter?

Cronos Group Inc. (NASDAQ:CRON) released its quarterly earnings data on Thursday, May, 6th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.35. The company had revenue of $14.60 million for the quarter, compared to analysts' expectations of $22.19 million. Cronos Group had a negative trailing twelve-month return on equity of 11.39% and a negative net margin of 610.02%. The company's revenue for the quarter was up 57.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.20 EPS.
View Cronos Group's earnings history
.

How has Cronos Group's stock price been impacted by Coronavirus?

Cronos Group's stock was trading at $5.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CRON stock has increased by 66.9% and is now trading at $9.03.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for CRON?

6 Wall Street analysts have issued 1-year target prices for Cronos Group's stock. Their forecasts range from $5.00 to $12.50. On average, they anticipate Cronos Group's share price to reach $8.80 in the next twelve months. This suggests that the stock has a possible downside of 2.5%.
View analysts' price targets for Cronos Group
or view top-rated stocks among Wall Street analysts.

Who are Cronos Group's key executives?

Cronos Group's management team includes the following people:
  • Mr. Michael Ryan Gorenstein, Exec. Chairman (Age 34, Pay $493.54k)
  • Mr. Kurt Thomas Schmidt B.Sc., M.B.A., Pres & CEO (Age 64, Pay $389.62k)
  • Mr. Jerry Filomena Barbato, Chief Financial Officer (Age 45, Pay $249.24k)
  • Ms. Xiuming Shum, Exec. VP of Legal and Regulatory Affairs & Corp. Sec. (Age 35, Pay $474.88k)
  • Ms. Anna Shlimak, Sr. VP of Corp. Affairs (Age 35, Pay $623.3k)
  • Dr. Todd K. Abraham, Chief Innovation Officer (Age 66, Pay $488.69k)
  • Mr. Shayne J. Laidlaw, Director of Investor Relations & Strategy
  • Ms. Shannon Buggy, Sr. VP & Global Head of People (Age 51)
  • Mr. Jeffrey David Jacobson, Gen. Mang. of Canada & Europe (Age 35)
  • Ms. Summer Frein, Gen. Mang. of USA (Age 37)

Who are some of Cronos Group's key competitors?

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 (CGC), Aurora Cannabis (ACB), Tilray (TLRY), (APHA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Dollar Tree (DLTR), Micron Technology (MU), Alibaba Group (BABA) and OrganiGram (OGI).

What is Cronos Group's stock symbol?

Cronos Group trades on the NASDAQ under the ticker symbol "CRON."

Who are Cronos Group's major shareholders?

Cronos Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Chescapmanager LLC (2.38%), Mirae Asset Global Investments Co. Ltd. (0.34%), Morgan Stanley (0.34%), TD Asset Management Inc. (0.32%), Millennium Management LLC (0.31%) and D. E. Shaw & Co. Inc. (0.31%). Company insiders that own Cronos Group stock include Jason Marc Adler, Michael Ryan Gorenstein and Todd Kevin Abraham.
View institutional ownership trends for Cronos Group
.

Which major investors are selling Cronos Group stock?

CRON stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, UBS Asset Management Americas Inc., Goldman Sachs Group Inc., Virtu Financial LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Dynamic Technology Lab Private Ltd, Vontobel Holding Ltd., and Chescapmanager LLC. Company insiders that have sold Cronos Group company stock in the last year include Jason Marc Adler, and Michael Ryan Gorenstein.
View insider buying and selling activity for Cronos Group
or view top insider-selling stocks.

Which major investors are buying Cronos Group stock?

CRON stock was purchased by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Morgan Stanley, Penserra Capital Management LLC, TD Asset Management Inc., Blair William & Co. IL, Wealth Advisory Solutions LLC, AdvisorShares Investments LLC, and Credit Suisse AG.
View insider buying and selling activity for Cronos Group
or or view top insider-buying stocks.

How do I buy shares of Cronos Group?

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

What is Cronos Group's stock price today?

One share of CRON stock can currently be purchased for approximately $9.03.

How much money does Cronos Group make?

Cronos Group has a market capitalization of $3.36 billion and generates $46.72 million in revenue each year. The company earns $-73,140,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis.

How many employees does Cronos Group have?

Cronos Group employs 631 workers across the globe.

What is Cronos Group's official website?

The official website for Cronos Group is www.thecronosgroup.com.

Where are Cronos Group's headquarters?

Cronos Group is headquartered at 111 PETER STREET SUITE 300, TORONTO A6, M5V 2G9.

How can I contact Cronos Group?

Cronos Group's mailing address is 111 PETER STREET SUITE 300, TORONTO A6, M5V 2G9. The company can be reached via phone at 416-504-0004.


This page was last updated on 6/25/2021 by MarketBeat.com Staff
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