NASDAQ:CRON - Cronos Group Stock Price, News, & Analysis

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$15.45 +0.08 (+0.52 %)
(As of 05/24/2019 03:19 PM ET)
Previous Close$15.37
Today's Range$15.38 - $16.03
52-Week Range$5.61 - $25.10
Volume3.04 million shs
Average Volume12.29 million shs
Market Capitalization$5.14 billion
P/E RatioN/A
Dividend YieldN/A
Beta3.84
Cronos Group Inc., formerly known as PharmaCan Capital Corp., is a principal investment firm. The firm seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana pursuant to Canada's Marihuana for Medical Purposes Regulations “MMPR”. The firm typically invests in companies based in Canada. The firm is primarily an equity investor, may also advance debt as appropriate. It seeks to make minority investments with appropriate governance and shareholder rights. The firm seeks board representation consistent with the size of the investment, but does not need control. Cronos Group Inc. was incorporated in January, 2013 and is based in Toronto, Canada with an additional office in Toronto, Canada.

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Industry, Sector and Symbol

Industry Medicinals & botanicals
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CRON
CUSIPN/A
CIKN/A
Phone212-590-9070

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.12 million
Book Value$2.19 per share

Profitability

Net Income$-14,640,000.00
Net Margins2,107.83%

Miscellaneous

Employees291
Market Cap$5.14 billion
Next Earnings Date8/13/2019 (Estimated)
OptionableOptionable

Cronos Group (NASDAQ:CRON) Frequently Asked Questions

What is Cronos Group's stock symbol?

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

How were Cronos Group's earnings last quarter?

Cronos Group Inc (NASDAQ:CRON) issued its earnings results on Thursday, May, 9th. The company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.02) by $0.38. The firm had revenue of $6.47 million for the quarter, compared to analyst estimates of $6.87 million. Cronos Group had a return on equity of 99.44% and a net margin of 2,107.83%. Cronos Group's quarterly revenue was up 119.3% compared to the same quarter last year. View Cronos Group's Earnings History.

When is Cronos Group's next earnings date?

Cronos Group is scheduled to release their next quarterly earnings announcement on Tuesday, August 13th 2019. View Earnings Estimates for Cronos Group.

What price target have analysts set for CRON?

9 Wall Street analysts have issued 1-year price objectives for Cronos Group's stock. Their predictions range from $13.00 to $30.00. On average, they expect Cronos Group's stock price to reach $21.0860 in the next year. This suggests a possible upside of 36.5% from the stock's current price. View Analyst Price Targets for Cronos Group.

What is the consensus analysts' recommendation for Cronos Group?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 4 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cronos Group.

Has Cronos Group been receiving favorable news coverage?

News coverage about CRON stock has trended negative on Friday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cronos Group earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

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

Who are Cronos Group's key executives?

Cronos Group's management team includes the folowing people:
  • Mr. Michael Gorenstein, Chairman, Pres & CEO (Age 31)
  • Mr. David Hsu, Chief Operating Officer
  • Ms. Xiuming Shum, Gen. Counsel & Corp. Sec.
  • Mr. Jeffrey Jacobson, Head of Sales & Bus. Devel.
  • Mr. William Hilson, Chief Commercial Officer

Who are Cronos Group's major shareholders?

Cronos Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Morgan Stanley (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), Swiss National Bank (0.17%), TD Asset Management Inc. (0.16%), Essex Investment Management Co. LLC (0.08%) and NumerixS Investment Technologies Inc (0.07%).

Which major investors are selling Cronos Group stock?

CRON stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Gerber Kawasaki Wealth & Investment Management, Harel Insurance Investments & Financial Services Ltd., Great West Life Assurance Co. Can, MML Investors Services LLC, TD Asset Management Inc., Ladenburg Thalmann Financial Services Inc. and Cetera Advisors LLC.

Which major investors are buying Cronos Group stock?

CRON stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Swiss National Bank, Essex Investment Management Co. LLC, NumerixS Investment Technologies Inc, AQR Capital Management LLC, State of Wisconsin Investment Board, Toronto Dominion Bank and FIL Ltd.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cronos Group's stock price today?

One share of CRON stock can currently be purchased for approximately $15.4493.

How big of a company is Cronos Group?

Cronos Group has a market capitalization of $5.14 billion and generates $12.12 million in revenue each year. The company earns $-14,640,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Cronos Group employs 291 workers across the globe.

What is Cronos Group's official website?

The official website for Cronos Group is http://www.thecronosgroup.com/.

How can I contact Cronos Group?

Cronos Group's mailing address is 720 KING STREET W SUITE 320, TORONTO A6, M5V 2T3. The company can be reached via phone at 212-590-9070.


MarketBeat Community Rating for Cronos Group (NASDAQ CRON)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  271 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  612
MarketBeat's community ratings are surveys of what our community members think about Cronos Group and other stocks. Vote "Outperform" if you believe CRON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRON will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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