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S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:GRWG

GrowGeneration - GRWG Stock Forecast, Price & News

$5.54
-0.41 (-6.89%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.37
$5.86
50-Day Range
$3.59
$5.96
52-Week Range
$3.42
$32.97
Volume
1.89 million shs
Average Volume
1.92 million shs
Market Capitalization
$336.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.43

GrowGeneration MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
88.2% Upside
$10.43 Price Target
Short Interest
Bearish
10.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of GrowGeneration in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.51) to ($0.33) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Basic Materials Sector

144th out of 171 stocks

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

6th out of 6 stocks

GRWG stock logo

About GrowGeneration (NASDAQ:GRWG) Stock

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of nutrients, growing media, advanced indoor and greenhouse lighting, environmental control systems, vertical benching, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 01, 2022, it operated a chain of 63 stores, which includes 23 in California, 8 in Colorado, 7 in Michigan, 5 in Maine, 6 in Oklahoma, 4 in Oregon, 3 in Washington, 2 in Nevada, 1 in Arizona, 1 in Rhode Island, 1 in Florida, 1 in Massachusetts, and 1 in New Mexico, as well as growgeneration.com, an online superstore for cultivators. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Oppenheimer reduced their price target on GrowGeneration from $50.00 to $15.00 in a research note on Thursday, May 12th. Wells Fargo & Company cut their target price on GrowGeneration from $8.00 to $4.00 in a research report on Wednesday, May 11th. Alliance Global Partners cut GrowGeneration from a "buy" rating to a "neutral" rating and cut their target price for the stock from $7.00 to $4.50 in a research report on Friday, August 5th. Finally, TheStreet lowered GrowGeneration from a "c-" rating to a "d" rating in a research note on Wednesday, June 8th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $10.43.

GrowGeneration Stock Performance

Shares of GRWG Stock traded down $0.42 during trading hours on Wednesday, reaching $5.53. The company had a trading volume of 58,847 shares, compared to its average volume of 1,707,948. The stock has a fifty day moving average of $4.52 and a 200-day moving average of $6.44. The company has a market capitalization of $336.17 million, a price-to-earnings ratio of -2.37 and a beta of 2.94. GrowGeneration has a 12-month low of $3.42 and a 12-month high of $32.97.

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GRWG Stock News Headlines

GrowGeneration Announces 2022 Annual Meeting Results
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GRWG Company Calendar

Last Earnings
11/11/2021
Today
8/17/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Cannabis
Current Symbol
NASDAQ:GRWG
Fax
N/A
Employees
634
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$10.43
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+88.2%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$12.79 million
Pretax Margin
-40.50%

Debt

Sales & Book Value

Annual Sales
$422.49 million
Cash Flow
$0.40 per share
Book Value
$3.89 per share

Miscellaneous

Free Float
57,019,000
Market Cap
$336.80 million
Optionable
Optionable
Beta
2.94














GRWG Stock - Frequently Asked Questions

Should I buy or sell GrowGeneration stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GrowGeneration in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2022?

6 equities research analysts have issued 1-year price targets for GrowGeneration's shares. Their GRWG share price forecasts range from $4.00 to $19.00. On average, they anticipate the company's stock price to reach $10.43 in the next year. This suggests a possible upside of 88.2% 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 2022?

GrowGeneration's stock was trading at $13.05 on January 1st, 2022. Since then, GRWG shares have decreased by 57.5% and is now trading at $5.54.
View the best growth stocks for 2022 here
.

When is GrowGeneration's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our GRWG earnings forecast
.

How were GrowGeneration's earnings last quarter?

GrowGeneration Corp. (NASDAQ:GRWG) announced its quarterly earnings results on Thursday, November, 11th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.02. The company earned $116 million during the quarter, compared to analyst estimates of $115.28 million. GrowGeneration had a negative trailing twelve-month return on equity of 4.08% and a negative net margin of 39.40%. During the same quarter in the previous year, the firm posted $0.06 EPS.

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

GrowGeneration updated its FY 2022 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $250.00 million-$275.00 million, compared to the consensus revenue estimate of $349.82 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).

What is GrowGeneration's stock symbol?

GrowGeneration trades on the NASDAQ under the ticker symbol "GRWG."

Who are GrowGeneration's major shareholders?

GrowGeneration's stock is owned by many different retail and institutional investors. Top institutional shareholders include AdvisorShares Investments LLC (6.75%), State Street Corp (1.84%), IQ EQ FUND MANAGEMENT IRELAND Ltd (1.18%), Northern Trust Corp (0.86%), JPMorgan Chase & Co. (0.84%) and Mirae Asset Global Investments Co. Ltd. (0.71%). Insiders that own company stock include Darren Lampert, Gotham Green Partners Llc, Merida Capital Partners, Lp, Michael Salaman, Monty R Lamirato, Sean Stiefel, Stephen Aiello and Tony Sullivan.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is GrowGeneration's stock price today?

One share of GRWG stock can currently be purchased for approximately $5.54.

How much money does GrowGeneration make?

GrowGeneration (NASDAQ:GRWG) has a market capitalization of $336.80 million and generates $422.49 million in revenue each year. The company earns $12.79 million in net income (profit) each year or ($2.33) on an earnings per share basis.

How many employees does GrowGeneration have?

The company employs 634 workers across the globe.

How can I contact GrowGeneration?

GrowGeneration's mailing address is 930 W 7TH AVE SUITE A, DENVER CO, 80233. The official website for the company is www.growgeneration.com. The company can be reached via phone at (800) 935-8420 or via email at john.evans@growgeneration.com.

This page (NASDAQ:GRWG) was last updated on 8/18/2022 by MarketBeat.com Staff

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