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NASDAQ:GRWG

GrowGeneration (GRWG) Stock Price, News & Analysis

$2.63
-0.03 (-1.13%)
(As of 11:03 AM ET)
Today's Range
$2.60
$2.73
50-Day Range
$2.11
$3.33
52-Week Range
$1.77
$4.06
Volume
140,245 shs
Average Volume
1.09 million shs
Market Capitalization
$159.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.88

GrowGeneration MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
47.9% Upside
$3.88 Price Target
Short Interest
Healthy
6.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.97mentions of GrowGeneration in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.35) to ($0.21) 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.

1.89 out of 5 stars

Basic Materials Sector

135th out of 168 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

5th out of 6 stocks

GRWG stock logo

About GrowGeneration Stock (NASDAQ:GRWG)

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products. It operates a chain of stores in California, Colorado, Michigan, Maine, Oklahoma, Oregon, Washington, Montana, New York, Ohio, Mississippi, Missouri, Arizona, Rhode Island, Florida, Massachusetts, Virginia, New Jersey, and New Mexico, as well as growgeneration.com, an online superstore for cultivators, a wholesale business for resellers, HRG Distribution, and benching, racking, and storage solutions and MMI. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

GRWG Stock Price History

GRWG Stock News Headlines

GrowGeneration appoints new board member
GrowGeneration Corp. (GRWG)
7 Penny Stocks That Deserve a Closer Look in Q2
GrowGeneration Announces Share Repurchase Program
The 3 Best Cannabis Stocks to Buy in Q2 2024
GrowGeneration To Repurchase Up To $6 Mln Of Shares
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
6/12/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Cannabis
Current Symbol
NASDAQ:GRWG
Fax
N/A
Employees
372
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.88
High Stock Price Target
$5.00
Low Stock Price Target
$2.75
Potential Upside/Downside
+45.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-46,500,000.00
Pretax Margin
-22.66%

Debt

Sales & Book Value

Annual Sales
$225.88 million
Book Value
$2.83 per share

Miscellaneous

Free Float
56,417,000
Market Cap
$161.49 million
Optionable
Optionable
Beta
3.09
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Key Executives

  • Mr. Darren Lampert (Age 63)
    Co-Founder, CEO & Director
    Comp: $1.34M
  • Mr. Michael Salaman (Age 63)
    Co-Founder, President & Director
    Comp: $1.34M
  • Mr. Gregory Sanders (Age 35)
    Chief Financial Officer
    Comp: $287.31k
  • Mr. Clifton Tomasini
    Vice President of Operations
  • Mr. Son Nguyen
    Chief Information Officer
  • John Evans
    Head of Investor Relations
  • Mr. Stephen Kozey
    General Counsel
  • Mr. Robert L. Nardelli (Age 76)
    Senior Strategic Advisor
  • Ms. Rebecca Haluska
    Senior Vice President of Purchasing
  • Mr. Keith Harrington
    Senior Vice President of Business Development

GRWG Stock Analysis - Frequently Asked Questions

Should I buy or sell GrowGeneration stock right now?

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

What is GrowGeneration's stock price target for 2024?

3 brokers have issued twelve-month price targets for GrowGeneration's shares. Their GRWG share price targets range from $2.75 to $5.00. On average, they anticipate the company's stock price to reach $3.88 in the next year. This suggests a possible upside of 47.9% from the stock's current price.
View analysts price targets for GRWG
or view top-rated stocks among Wall Street analysts.

How have GRWG shares performed in 2024?

GrowGeneration's stock was trading at $2.51 on January 1st, 2024. Since then, GRWG stock has increased by 4.4% and is now trading at $2.62.
View the best growth stocks for 2024 here
.

When is GrowGeneration's next earnings date?

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

How were GrowGeneration's earnings last quarter?

GrowGeneration Corp. (NASDAQ:GRWG) issued its earnings results on Wednesday, May, 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.04. The business earned $47.89 million during the quarter, compared to analysts' expectations of $46.52 million. GrowGeneration had a negative net margin of 22.68% and a negative trailing twelve-month return on equity of 18.00%.

What ETFs hold GrowGeneration's stock?
What guidance has GrowGeneration issued on next quarter's earnings?

GrowGeneration issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $205.0 million-$215.0 million, compared to the consensus revenue estimate of $208.8 million.

What other stocks do shareholders of GrowGeneration own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GrowGeneration investors own include NVIDIA (NVDA), Innovative Industrial Properties (IIPR), Tesla (TSLA), Advanced Micro Devices (AMD), Curaleaf (CURLF), KushCo (KSHB), AbbVie (ABBV), Alibaba Group (BABA) and Block (SQ).

Who are GrowGeneration's major shareholders?

GrowGeneration's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.87%), Tidal Investments LLC (3.42%), AWM Investment Company Inc. (1.65%), Mirae Asset Global Investments Co. Ltd. (0.81%), Price T Rowe Associates Inc. MD (0.11%) and Simplex Trading LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of GrowGeneration?

Shares of GRWG 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:GRWG) was last updated on 6/12/2024 by MarketBeat.com Staff

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