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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:CRON

Cronos Group Stock Forecast, Price & News

$3.11
+0.16 (+5.42%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$2.96
$3.15
50-Day Range
$2.59
$3.54
52-Week Range
$2.57
$9.12
Volume
2.00 million shs
Average Volume
2.23 million shs
Market Capitalization
$1.17 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.37
30 days | 90 days | 365 days | Advanced Chart

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CRON Stock Forecast (MarketRank)

Overall MarketRank

1.68 out of 5 stars

Medical Sector

923rd out of 1,418 stocks

Medicinals & Botanicals Industry

7th out of 23 stocks

Analyst Opinion: 3.0Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
Cronos Group logo

About Cronos Group (NASDAQ:CRON)

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, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. It 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.

CRON Stock News Headlines

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Industry, Sector and Symbol

Industry
Medicinals & botanicals
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:CRON
Fax
N/A
Employees
626
Year Founded
N/A

Company Calendar

Last Earnings
5/10/2022
Today
6/24/2022
Next Earnings (Estimated)
8/05/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$4.37
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+40.6%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
8 Analysts

Profitability

Net Income
$-396.11 million
Pretax Margin
-308.35%

Debt

Sales & Book Value

Annual Sales
$74.43 million
Book Value
$3.56 per share

Miscellaneous

Free Float
354,847,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.66














Cronos Group Frequently Asked Questions

Should I buy or sell Cronos Group stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 is Cronos Group's stock price forecast for 2022?

8 Wall Street research analysts have issued 12-month price targets for Cronos Group's shares. Their CRON stock forecasts range from $3.00 to $6.00. On average, they anticipate Cronos Group's share price to reach $4.37 in the next twelve months. This suggests a possible upside of 40.6% from the stock's current price.
View analysts' price targets for Cronos Group
or view top-rated stocks among Wall Street analysts.

How has Cronos Group's stock performed in 2022?

Cronos Group's stock was trading at $3.92 at the beginning of the year. Since then, CRON stock has decreased by 20.7% and is now trading at $3.11.
View the best growth stocks for 2022 here
.

When is Cronos Group's next earnings date?

Cronos Group is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
View our earnings forecast for Cronos Group
.

How were Cronos Group's earnings last quarter?

Cronos Group Inc. (NASDAQ:CRON) issued its earnings results on Tuesday, May, 10th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.01. The firm had revenue of $25.03 million for the quarter, compared to analysts' expectations of $30.66 million. Cronos Group had a negative trailing twelve-month return on equity of 15.92% and a negative net margin of 36.04%. Cronos Group's revenue was up 98.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.12) EPS.
View Cronos Group's earnings history
.

Who are Cronos Group's key executives?

Cronos Group's management team includes the following people:
  • Mr. Michael Ryan Gorenstein J.D., Pres, CEO & Chairman (Age 35, Pay $389.15k) (LinkedIn Profile)
  • Mr. Robert L. Madore, Chief Financial Officer (Age 57, Pay $164.42k)
  • Ms. Shannon Buggy, Sr. VP & Global Head of People (Age 52, Pay $438.81k)
  • Ms. Anna Shlimak, Sr. VP of Corp. Affairs & Strategy (Age 36, Pay $422.03k)
  • Mr. Carlos Cortez, VP, Controller & Principal Accounting Officer (Age 49)
  • Mr. Shayne J. Laidlaw, Director of Investor Relations & Strategy
  • Mr. Terry Gregory-Joseph Doucet, Sr. VP of Legal & Regulatory Affairs and Corp. Sec. (Age 32)
  • Mr. Jeffrey David Jacobson, Sr. VP & Head of Growth of North America (Age 36)
  • Mr. Arye Weigensberg, Interim Head of R&D
  • Mr. John Griese, Sr. VP & Head of Operations of North America (Age 60)

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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (1.67%), Mirae Asset Global Investments Co. Ltd. (0.50%), Mirae Asset Global Investments Co. Ltd. (0.50%), Connor Clark & Lunn Investment Management Ltd. (0.33%), Dimensional Fund Advisors LP (0.24%) and TD Asset Management Inc. (0.15%). 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 Mirae Asset Global Investments Co. Ltd., Mirae Asset Global Investments Co. Ltd., Dimensional Fund Advisors LP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, IMC Chicago LLC, Janney Montgomery Scott LLC, Group One Trading L.P., and Commonwealth Equity Services LLC. Company insiders that have sold Cronos Group company stock in the last two years 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 Simplex Trading LLC, Vanguard Group Inc., Winning Points Advisors LLC, Connor Clark & Lunn Investment Management Ltd., Cibc World Market Inc., Jane Street Group LLC, Walleye Trading LLC, and Cutler Group LP.
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 $3.11.

How much money does Cronos Group make?

Cronos Group (NASDAQ:CRON) has a market capitalization of $1.17 billion and generates $74.43 million in revenue each year. The company earns $-396.11 million in net income (profit) each year or ($0.090010) on an earnings per share basis.

How many employees does Cronos Group have?

Cronos Group employs 626 workers across the globe.

How can I contact Cronos Group?

Cronos Group's mailing address is 111 PETER STREET SUITE 300, TORONTO A6, M5V 2G9. The official website for Cronos Group is www.thecronosgroup.com. The company can be reached via phone at (416) 504-0004.

This page (NASDAQ:CRON) was last updated on 6/25/2022 by MarketBeat.com Staff

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