NASDAQ:CRON

Cronos Group (CRON) Stock Price, News & Analysis

$2.48
+0.01 (+0.40%)
(As of 04/24/2024 ET)
Today's Range
$2.43
$2.55
50-Day Range
$1.93
$2.88
52-Week Range
$1.64
$2.99
Volume
2.52 million shs
Average Volume
2.93 million shs
Market Capitalization
$947.38 million
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
14.2% Upside
$2.83 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of Cronos Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.01) to $0.03 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.

1.72 out of 5 stars

Medical Sector

596th out of 909 stocks

Medicinals & Botanicals Industry

3rd out of 10 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

Cannabis: One Stock to Play the Movement (CRON)
With talk of decriminalizing marijuana once again becoming part of the national conversation, there's one cannabis ETF that may provide the best value
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
3 Cannabis Penny Stocks to Buy for 3-Bagger Returns
Why Marijuana Stocks Got Burnt Today
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
The 3 Best Meme Stocks to Buy in April 2024
7 High-Potential Penny Stocks to Buy for Massive ROI
The 3 Best Cannabis Stocks to Buy in Q2 2024
The 3 Best Meme Stocks to Buy in Q2 2024
Cronos Launches Lord Jones® Chocolate Fusions
Altria: Still Undervalued, Buy On Strength
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/24/2024
Next Earnings (Estimated)
5/14/2024
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
+14.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-73,960,000.00
Pretax Margin
-84.44%

Debt

Sales & Book Value

Annual Sales
$87.24 million
Book Value
$2.87 per share

Miscellaneous

Free Float
374,524,000
Market Cap
$947.38 million
Optionable
Optionable
Beta
1.17
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Key Executives

  • Mr. Michael Ryan Gorenstein J.D.Mr. Michael Ryan Gorenstein J.D. (Age 37)
    President, CEO & Chairman
    Comp: $3.94M
  • Mr. James Holm (Age 41)
    Chief Financial Officer
    Comp: $314.31k
  • Mr. Jeffrey David Jacobson (Age 38)
    Chief Growth Officer
    Comp: $730.12k
  • Ms. Anna Shlimak (Age 38)
    Senior Vice President of Corporate Affairs & Strategy
    Comp: $530.5k
  • Mr. James Andrew McGinness III (Age 45)
    VP, Controller & Principal Accounting Officer
  • Mr. Shayne J. Laidlaw
    Director of Investor Relations & Strategy
  • Mr. Terry Gregory-Joseph Doucet (Age 34)
    General Counsel & Corporate Secretary
  • Ms. Shannon Buggy (Age 54)
    Senior VP & Global Head of People
    Comp: $438.81k
  • Mr. Arye Weigensberg (Age 41)
    Senior VP & Head of Research and Development

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 Wall Street research analysts have issued 12-month price objectives for Cronos Group's stock. Their CRON share price targets range from $2.50 to $3.00. On average, they expect the company's stock price to reach $2.83 in the next year. This suggests a possible upside of 14.2% from the stock's current price.
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 shares have increased by 18.7% and is now trading at $2.48.
View the best growth stocks for 2024 here
.

Are investors shorting Cronos Group?

Cronos Group saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 5,550,000 shares, a decline of 13.8% from the March 15th total of 6,440,000 shares. Based on an average daily volume of 2,860,000 shares, the short-interest ratio is presently 1.9 days. Approximately 2.8% of the company's shares are sold short.
View Cronos Group's Short Interest
.

When is Cronos Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CRON earnings forecast
.

How were Cronos Group's earnings last quarter?

Cronos Group Inc. (NASDAQ:CRON) posted its earnings results on Thursday, February, 29th. The company reported ($0.05) earnings per share for the quarter. The business earned $23.92 million during the quarter, compared to the consensus estimate of $25.15 million. Cronos Group had a negative net margin of 84.15% and a negative trailing twelve-month return on equity of 3.99%.

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 a variety of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), SeaCrest Wealth Management LLC (0.02%), Madrona Financial Services LLC (0.01%) and Revisor Wealth Management 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 4/24/2024 by MarketBeat.com Staff

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