Should I buy or sell urban-gro stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for urban-gro in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UGRO shares. View UGRO analyst ratings or view top-rated stocks .

What is urban-gro's stock price target for 2024?

2 brokers have issued twelve-month price objectives for urban-gro's stock. Their UGRO share price targets range from $7.00 to $11.00. On average, they predict the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 662.7% from the stock's current price. View analysts price targets for UGRO or view top-rated stocks among Wall Street analysts .

How have UGRO shares performed in 2023?

urban-gro's stock was trading at $2.72 on January 1st, 2023. Since then, UGRO stock has decreased by 56.6% and is now trading at $1.18. View the best growth stocks for 2023 here .

Are investors shorting urban-gro?

urban-gro saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 189,700 shares, a drop of 22.5% from the October 31st total of 244,800 shares. Based on an average daily trading volume, of 94,400 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.6% of the shares of the company are sold short. View urban-gro's Short Interest .

When is urban-gro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024. View our UGRO earnings forecast .

How were urban-gro's earnings last quarter?

urban-gro, Inc. (NASDAQ:UGRO) issued its earnings results on Thursday, November, 9th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.21) by $0.01. The firm had revenue of $20.93 million for the quarter, compared to analyst estimates of $21.45 million. urban-gro had a negative trailing twelve-month return on equity of 51.85% and a negative net margin of 24.56%.

What ETFs hold urban-gro's stock?

ETFs with the largest weight of urban-gro (NASDAQ:UGRO) stock in their portfolio include Cambria Cannabis ETF (TOKE) . AdvisorShares Pure US Cannabis ETF (MSOS) .

When did urban-gro IPO?

(UGRO) raised $46 million in an IPO on Friday, February 12th 2021. The company issued 3,500,000 shares at a price of $13.00 per share. ThinkEquity (a division of Fordham Financial Management) served as the underwriter for the IPO.

Who are urban-gro's major shareholders?

urban-gro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AWM Investment Company Inc. (9.76%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Bradley John Nattrass , James Robert Lowe, Jim Dennedy and Lewis Wilks. View institutional ownership trends .

How do I buy shares of urban-gro?

Shares of UGRO 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 .

Positive News SentimentPositive News

urban-gro Stock Price, News & Analysis (NASDAQ:UGRO)

$1.18

+0.05 (+4.42%)

(As of 12/1/2023 ET)

Compare

Today's Range: $1.09
▼
$1.18
50-Day Range: $1.10
▼
$1.41
52-Week Range: $1.00
▼
$5.04

Volume: 96,714 shs
Average Volume: 50,220 shs
Market Capitalization: $13.77 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.00

urban-gro MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 662.7% Upside
$9.00 Price Target
Short Interest: Healthy
2.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.55
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.09) to ($0.36) Per Share

Overall MarketRank^™

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

2.53 out of 5 stars

Industrial Products Sector

37th out of 174 stocks

Machinery, Equipment, & Supplies Industry

3rd out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
urban-gro has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.00, urban-gro has a forecasted upside of 662.7% from its current price of $1.18.
Amount of Analyst Coverage
urban-gro has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.59% of the float of urban-gro has been sold short.
Short Interest Ratio / Days to Cover
urban-gro has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in urban-gro has recently decreased by 22.51%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
urban-gro does not currently pay a dividend.
Dividend Growth
urban-gro does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UGRO.

3.1

News and Social Media Coverage

News Sentiment
urban-gro has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for urban-gro this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, urban-gro insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.20% of the stock of urban-gro is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 22.97% of the stock of urban-gro is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for urban-gro are expected to grow in the coming year, from ($1.09) to ($0.36) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of urban-gro is -0.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of urban-gro is -0.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
urban-gro has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About urban-gro Stock (NASDAQ:UGRO)

urban-gro, Inc. engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe. The company provides architectural design, engineering, and construction services comprising pre-construction, architectural and interior design, integrated cultivation design, owner's representative/construction management, and general contracting services; and maintenance, training, and support services. It also offers facility and equipment commissioning services; gro-care crop and asset protection services, including training services, equipment maintenance services, asset protection program, and an interactive online operating support system for gro-care and client document delivery and project management; and property condition assessment services. In addition, the company provides integrated equipment systems solutions, such as design, source, and integration of complex environmental equipment systems comprising heating, ventilation, and air conditioning solutions, as well as environmental control, fertigation, irrigation distribution, water treatment, and wastewater reclamation systems; and commercial horticulture lighting solutions, rolling and automated container benching systems, specialty fans, microbial mitigation, and odor reduction systems. It primarily markets and sells its solutions to clients in the CEA that includes operators and facilitators in the cannabis and produce markets; and commercial sectors comprising food and beverage consumer packaged goods companies, healthcare, higher education, and hospitality. urban-gro, Inc. was founded in 2014 and is based in Lafayette, Colorado.

UGRO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UGRO Stock News Headlines

November 30, 2023 | finance.yahoo.com

urban-gro, Inc. Awarded $9.6 Million Industrial Design-Build Contract with Existing CPG Client

November 13, 2023 | finance.yahoo.com

urban-gro, Inc. (NASDAQ:UGRO) Q3 2023 Earnings Call Transcript

December 2, 2023 | Wealthpress (Ad)

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November 12, 2023 | markets.businessinsider.com

Optimistic Outlook for urban-gro: Diversification and Backlog Promise Future Growth Despite Current Challenges

November 10, 2023 | msn.com

This Ancillary Cannabis Company Is Cashing In With 69% YoY Revenue Increase In Q3

November 9, 2023 | msn.com

urban-gro, Inc. (UGRO) Reports Q3 Earnings: What Key Metrics Have to Say

November 9, 2023 | benzinga.com

Urban-gro: Q3 Earnings Insights

November 9, 2023 | finance.yahoo.com

urban-gro, Inc. Reports Third Quarter 2023 Financial Results Demonstrating Sequential Improvement in Revenue, Backlog, and Adjusted EBITDA

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 8, 2023 | markets.businessinsider.com

urban-gro earnings: here's what Wall Street expects

October 25, 2023 | finance.yahoo.com

urban-gro, Inc. to Report Third Quarter 2023 Earnings Results on November 9, 2023

October 23, 2023 | finance.yahoo.com

Pleasing Signs As A Number Of Insiders Buy urban-gro Stock

October 4, 2023 | msn.com

urban-gro clinches contracts worth over $4.5M from customers

October 4, 2023 | finance.yahoo.com

urban-gro, Inc. Secures Multiple Contracts Totaling More than $4.5 Million in the Industrial and Higher Education Sectors

October 2, 2023 | finance.yahoo.com

urban-gro, Inc. Secures Multiple Contracts Totaling Nearly $8 Million in the Cannabis Sector

September 26, 2023 | benzinga.com

Urban-Gro Secures $11M Hospitality & Recreation Contract In Southeast U.S.

September 26, 2023 | finance.yahoo.com

urban-gro, Inc. Awarded Contract for More Than $11 Million of Design-Build Services with Existing Client in the Hospitality & Recreation Sector

September 25, 2023 | finance.yahoo.com

urban-gro, Inc. Announces Upcoming Fall 2023 Conference Participation

September 14, 2023 | finance.yahoo.com

urban-gro, Inc. Signs Multiple Contracts with Clients in the Industrial, Aerospace, Laboratories, and Hospitality Sectors for an Aggregate Value of More than $2 Million

September 13, 2023 | benzinga.com

Ancillary Cannabis Business Ramps Up Market Presence With $3M In Marijuana Contracts

September 13, 2023 | finance.yahoo.com

urban-gro, Inc. Signs Multiple Contracts with Clients in the Cannabis Sector for an Aggregate Value of More Than $3 Million

September 2, 2023 | msn.com

Roth MKM Reiterates Urban-gro (UGRO) Buy Recommendation

August 31, 2023 | finance.yahoo.com

urban-gro, Inc. Announces Sale of Investment for Proceeds of $2.3 Million

August 20, 2023 | finance.yahoo.com

Analysts Are More Bearish On urban-gro, Inc. (NASDAQ:UGRO) Than They Used To Be

August 16, 2023 | markets.businessinsider.com

Maxim Group Sticks to Their Buy Rating for urban-gro (UGRO)

August 15, 2023 | finance.yahoo.com

urban-gro, Inc. Awarded $1.5 Million Contract to Provide Architecture, Interior Design, and Engineering Services

August 14, 2023 | benzinga.com

Bringing Solutions To Controlled Environment Agriculture, This Firm Reports 16% YoY Revenue Increase With No Bank Debt

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/04/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:UGRO
CUSIP: N/A
CIK: 1706524
Web: www.urban-gro.com
Phone: 720-390-3880
Fax: N/A
Employees: 152
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.00
High Stock Price Target: $11.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +662.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-15,280,000.00
Net Margins: -24.56%
Pretax Margin: -24.87%
Return on Equity: -51.85%
Return on Assets: -24.41%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.09
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $67.03 million
Price / Sales: 0.21
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.07 per share
Price / Book: 0.57

Miscellaneous

Outstanding Shares: 11,670,000
Free Float: 9,080,000
Market Cap: $13.77 million
Optionable: Not Optionable
Beta: 2.46

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Key Executives

Mr. Bradley John Nattrass M.B.A. (Age 50)
Co-Founder, CEO & Chairman
Comp: $554.24k
Mr. Richard A. Akright CPA (Age 63)
M.B.A., Chief Financial Officer
Comp: $356.06k
Mr. Jason Archer
Chief Operating Officer
Mr. Daniel Droller M.B.A. (Age 42)
Executive Vice President of Corporate Development & Investor Relations
Ms. Barbara Jacobs CPSM
Vice President of Marketing
Ms. Nichole Mcintyre
Director of Human Resources
Mr. Arie Kamp
Managing Director of Urban-Gro Europe B.V.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UGRO Stock Analysis - Frequently Asked Questions

Should I buy or sell urban-gro stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for urban-gro in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UGRO shares.
View UGRO analyst ratings or view top-rated stocks.
What is urban-gro's stock price target for 2024?: 2 brokers have issued twelve-month price objectives for urban-gro's stock. Their UGRO share price targets range from $7.00 to $11.00. On average, they predict the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 662.7% from the stock's current price.
View analysts price targets for UGRO or view top-rated stocks among Wall Street analysts.
How have UGRO shares performed in 2023?: urban-gro's stock was trading at $2.72 on January 1st, 2023. Since then, UGRO stock has decreased by 56.6% and is now trading at $1.18.
View the best growth stocks for 2023 here.
Are investors shorting urban-gro?: urban-gro saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 189,700 shares, a drop of 22.5% from the October 31st total of 244,800 shares. Based on an average daily trading volume, of 94,400 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.6% of the shares of the company are sold short.
View urban-gro's Short Interest.
When is urban-gro's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024.
View our UGRO earnings forecast.
How were urban-gro's earnings last quarter?: urban-gro, Inc. (NASDAQ:UGRO) issued its earnings results on Thursday, November, 9th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.21) by $0.01. The firm had revenue of $20.93 million for the quarter, compared to analyst estimates of $21.45 million. urban-gro had a negative trailing twelve-month return on equity of 51.85% and a negative net margin of 24.56%.

What ETFs hold urban-gro's stock?: ETFs with the largest weight of urban-gro (NASDAQ:UGRO) stock in their portfolio include Cambria Cannabis ETF (TOKE).AdvisorShares Pure US Cannabis ETF (MSOS).
When did urban-gro IPO?: (UGRO) raised $46 million in an IPO on Friday, February 12th 2021. The company issued 3,500,000 shares at a price of $13.00 per share. ThinkEquity (a division of Fordham Financial Management) served as the underwriter for the IPO.
Who are urban-gro's major shareholders?: urban-gro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AWM Investment Company Inc. (9.76%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Bradley John Nattrass, James Robert Lowe, Jim Dennedy and Lewis Wilks.
View institutional ownership trends.
How do I buy shares of urban-gro?: Shares of UGRO 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.

This page (NASDAQ:UGRO) was last updated on 12/2/2023 by MarketBeat.com Staff

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