NASDAQ:HEXO - HEXO Stock Price, News & Analysis

$4.01
+0.03 (+0.75 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$3.92
Now: $4.01
$4.18
50-Day Range
$3.99
MA: $4.57
$5.20
52-Week Range
$3.02
Now: $4.01
$8.40
Volume2.67 million shs
Average Volume3.56 million shs
Market Capitalization$1.03 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
HEXO Corp., through its subsidiary, HEXO Operations Inc., produces, markets, and sells cannabis in Canada. The company offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. It provides its products under the HEXO and Hydropothecary brand names. The company serves medical and adult-use markets. The company was formerly known as The Hydropothecary Corporation and changed its name to HEXO Corp. in August 2018. HEXO Corp. is headquartered in Gatineau, Canada.

Industry, Sector and Symbol

Industry Drug Manufacturers - Specialty & Generic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:HEXO
CUSIPN/A
CIKN/A
Phone844-406-1852

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$1.03 billion
Next Earnings Date9/12/2019 (Estimated)
OptionableOptionable

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HEXO (NASDAQ:HEXO) Frequently Asked Questions

What is HEXO's stock symbol?

HEXO trades on the NASDAQ under the ticker symbol "HEXO."

How were HEXO's earnings last quarter?

HEXO Corp. (NASDAQ:HEXO) released its quarterly earnings data on Thursday, June, 13th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The firm earned $11.98 million during the quarter, compared to analyst estimates of $10.96 million. View HEXO's Earnings History.

When is HEXO's next earnings date?

HEXO is scheduled to release their next quarterly earnings announcement on Thursday, September 12th 2019. View Earnings Estimates for HEXO.

What price target have analysts set for HEXO?

8 Wall Street analysts have issued 1-year target prices for HEXO's shares. Their forecasts range from $7.00 to $12.00. On average, they expect HEXO's stock price to reach $8.6340 in the next twelve months. This suggests a possible upside of 115.3% from the stock's current price. View Analyst Price Targets for HEXO.

What is the consensus analysts' recommendation for HEXO?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HEXO.

What are Wall Street analysts saying about HEXO stock?

Here are some recent quotes from research analysts about HEXO stock:
  • 1. According to Zacks Investment Research, "HEXO Corp. is a consumer-packaged goods cannabis company. It creates and distributes products to serve the global cannabis market. HEXO Corp. is based in GATINEAU, Quebec. " (8/7/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "We initiate at Underperform; PT C$5.60. We think the market has taken the Molson deal as something more indicative of a stronger business than it is. Hexo has a robust medical base but seems ill prepared for solo success beyond that. For us, its stated targeted strategy of primarily being an ingredient provider for Fortune 500 reflects a lack of belief in going alone. If further deals don’t start coming in, or current ones bear fruit, the multiple is at risk." (2/25/2019)

Has HEXO been receiving favorable news coverage?

Headlines about HEXO stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. HEXO earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for HEXO.

Who are some of HEXO's key competitors?

What other stocks do shareholders of HEXO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include Aurora Cannabis (ACB), Canopy Growth (CGC), Cronos Group (CRON), Aphria (APHA), OrganiGram (OGI), Aurora Cannabis (ACB), Charlotte's Web (CWBHF), KushCo (KSHB), Green Organic Dutchman (TGODF) and NVIDIA (NVDA).

Who are HEXO's key executives?

HEXO's management team includes the folowing people:
  • Mr. Sebastien G. St-Louis, Co-Founder, Pres, CEO & Director (Age 35)
  • Mr. Adam Miron, Co-founder, Chief Brand Officer & Director (Age 35)
  • Mr. Ed Chaplin, CFO & Corp. Sec. (Age 49)
  • Mr. James McMillan, VP of Bus. Devel. (Age 51)
  • Dr. Terence Lake DVM, Vice-Pres of Corp. & Social Responsibility

Who are HEXO's major shareholders?

HEXO's stock is owned by many different of retail and institutional investors. Top institutional investors include ETF Managers Group LLC (2.60%), Bank of America Corp DE (0.58%), Morgan Stanley (0.37%), TD Asset Management Inc. (0.27%), Royal Bank of Canada (0.21%) and Swiss National Bank (0.16%).

Which institutional investors are selling HEXO stock?

HEXO stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada and QCI Asset Management Inc. NY.

Which institutional investors are buying HEXO stock?

HEXO stock was acquired by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Bank of America Corp DE, TD Asset Management Inc., Intact Investment Management Inc., Morgan Stanley, BNP Paribas Arbitrage SA, A.R.T. Advisors LLC and Swiss National Bank.

How do I buy shares of HEXO?

Shares of HEXO 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 HEXO's stock price today?

One share of HEXO stock can currently be purchased for approximately $4.01.

How big of a company is HEXO?

HEXO has a market capitalization of $1.03 billion. View Additional Information About HEXO.

What is HEXO's official website?

The official website for HEXO is http://hexo.com/.

How can I contact HEXO?

The company can be reached via phone at 844-406-1852.


MarketBeat Community Rating for HEXO (NASDAQ HEXO)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  34 (Vote Underperform)
Total Votes:  78
MarketBeat's community ratings are surveys of what our community members think about HEXO and other stocks. Vote "Outperform" if you believe HEXO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HEXO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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