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NASDAQ:GRWG

GrowGeneration Stock Forecast, Price & News

$20.62
+0.10 (+0.49 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$19.22
Now: $20.62
$21.07
50-Day Range
$14.68
MA: $16.29
$20.52
52-Week Range
$2.62
Now: $20.62
$22.88
Volume4.03 million shs
Average Volume2.34 million shs
Market Capitalization$983.12 million
P/E Ratio1,031.52
Dividend YieldN/A
Beta2.32
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 horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company also operates GrowGen.Pro, an online e-commerce store. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 27, 2020, it operated a chain of 27 retail and commercial hydroponic/gardening centers, including 5 locations in Colorado, 4 locations in California, 4 locations in Michigan, 2 locations in Nevada, 1 location in Washington, 1 location in Oregon, 4 locations in Oklahoma, 1 location in Rhode Island, 3 locations in Maine, 1 location in Florida, 1 distribution center in California, and an online e-commerce store. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is headquartered in Denver, Colorado.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars

Industry, Sector and Symbol

Industry Building materials, hardware, garden supply & mobile home dealers
Sub-IndustryCannabis
Current SymbolNASDAQ:GRWG
CUSIPN/A
CIKN/A
Phone303 386 4796
Employees250

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$79 million
Cash Flow$0.17 per share
Book Value$1.47 per share

Profitability

Net Income$1.88 million

Miscellaneous

Market Cap$983.12 million
Next Earnings Date11/11/2020 (Confirmed)
OptionableOptionable
$20.62
+0.10 (+0.49 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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GrowGeneration (NASDAQ:GRWG) Frequently Asked Questions

How has GrowGeneration's stock price been impacted by Coronavirus?

GrowGeneration's stock was trading at $3.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GRWG shares have increased by 430.1% and is now trading at $20.62.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of GrowGeneration?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GrowGeneration in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for GrowGeneration
.

When is GrowGeneration's next earnings date?

GrowGeneration is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020.
View our earnings forecast for GrowGeneration
.

How can I listen to GrowGeneration's earnings call?

GrowGeneration will be holding an earnings conference call on Wednesday, November 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were GrowGeneration's earnings last quarter?

GrowGeneration Corp. (NASDAQ:GRWG) issued its quarterly earnings data on Thursday, August, 13th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.02. The firm earned $43.45 million during the quarter, compared to analyst estimates of $36.67 million. GrowGeneration had a return on equity of 4.44% and a net margin of 0.86%.
View GrowGeneration's earnings history
.

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

GrowGeneration issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, August, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $170-175 million, compared to the consensus revenue estimate of $143.46 million.

What price target have analysts set for GRWG?

7 analysts have issued twelve-month price objectives for GrowGeneration's stock. Their forecasts range from $7.00 to $25.00. On average, they expect GrowGeneration's stock price to reach $16.14 in the next twelve months. This suggests that the stock has a possible downside of 21.7%.
View analysts' price targets for GrowGeneration
.

Are investors shorting GrowGeneration?

GrowGeneration saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,330,000 shares, an increase of 18.2% from the September 15th total of 4,510,000 shares. Based on an average trading volume of 5,560,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 14.5% of the company's shares are short sold.
View GrowGeneration's Short Interest
.

Who are some of GrowGeneration's key competitors?

What other stocks do shareholders of GrowGeneration own?

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

Who are GrowGeneration's key executives?

GrowGeneration's management team includes the following people:
  • Mr. Darren Lampert, Co-Founder, CEO & Director (Age 59, Pay $570.51k)
  • Mr. Michael Salaman, Co-Founder, Pres & Director (Age 59, Pay $570.51k)
  • Mr. Monty R. Lamirato, CFO & Sec. (Age 64, Pay $205.75k)
  • Mr. Tony Sullivan, Exec. VP & COO (Age 55, Pay $284.22k)
  • Mr. Joe Prinzivalli, Chief Technology Officer (Age 39, Pay $150.97k)

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 a variety of institutional and retail investors. Top institutional investors include Davy Global Fund Management Ltd (0.06%), Kessler Investment Group LLC (0.02%) and NEXT Financial Group Inc (0.00%). Company insiders that own GrowGeneration stock include Darren Lampert, Gotham Green Partners Llc, Merida Capital Partners, Lp, Michael Salaman, Monty R Lamirato and Sean Stiefel.
View institutional ownership trends for GrowGeneration
.

Which major investors are buying GrowGeneration stock?

GRWG stock was purchased by a variety of institutional investors in the last quarter, including Davy Global Fund Management Ltd, Kessler Investment Group LLC, and NEXT Financial Group Inc.
View insider buying and selling activity for GrowGeneration
.

How do I buy shares of GrowGeneration?

Shares of GRWG 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, Robinhood, Fidelity, and Charles Schwab.

What is GrowGeneration's stock price today?

One share of GRWG stock can currently be purchased for approximately $20.62.

How big of a company is GrowGeneration?

GrowGeneration has a market capitalization of $983.12 million and generates $79 million in revenue each year. The company earns $1.88 million in net income (profit) each year or $0.10 on an earnings per share basis. GrowGeneration employs 250 workers across the globe.

What is GrowGeneration's official website?

The official website for GrowGeneration is www.growgeneration.com.

How can I contact GrowGeneration?

GrowGeneration's mailing address is 930 W 7TH AVE SUITE A, DENVER CO, 80233. The company can be reached via phone at 303 386 4796.

This page was last updated on 10/25/2020 by MarketBeat.com Staff

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