NYSE:CGC - Canopy Growth Stock Price, News, & Analysis

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$49.78 -2.62 (-5.00 %)
(As of 09/24/2018 03:10 AM ET)
Previous Close$49.78
Today's Range$49.40 - $51.59
52-Week Range$8.32 - $56.60
Volume11.46 million shs
Average Volume18.57 million shs
Market Capitalization$11.38 billion
P/E Ratio-155.56
Dividend YieldN/A
Beta3.14
Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, Bedrocan Canada, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Private households
Sub-IndustryCannabis
SectorMedical
SymbolNYSE:CGC
CUSIPN/A
Phone855-558-9333

Debt

Debt-to-Equity Ratio0.01
Current Ratio12.80
Quick Ratio9.10

Price-To-Earnings

Trailing P/E Ratio-155.56
Forward P/E Ratio-134.54
P/E GrowthN/A

Sales & Book Value

Annual Sales$60.79 million
Price / Sales187.14
Cash FlowN/A
Price / CashN/A
Book Value$2.90 per share
Price / Book17.17

Profitability

EPS (Most Recent Fiscal Year)($0.32)
Net Income$-54,870,000.00
Net Margins-159.94%
Return on Equity-14.86%
Return on Assets-13.74%

Miscellaneous

EmployeesN/A
Outstanding Shares228,530,000
Market Cap$11.38 billion

Canopy Growth (NYSE:CGC) Frequently Asked Questions

What is Canopy Growth's stock symbol?

Canopy Growth trades on the New York Stock Exchange (NYSE) under the ticker symbol "CGC."

How were Canopy Growth's earnings last quarter?

Canopy Growth Corp (NYSE:CGC) released its quarterly earnings data on Wednesday, June, 27th. The marijuana producer reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.23. The marijuana producer earned $22.80 million during the quarter, compared to analysts' expectations of $24.19 million. Canopy Growth had a negative net margin of 159.94% and a negative return on equity of 14.86%. The firm's quarterly revenue was up 55.1% on a year-over-year basis. View Canopy Growth's Earnings History.

When is Canopy Growth's next earnings date?

Canopy Growth is scheduled to release their next quarterly earnings announcement on Tuesday, November, 13th 2018. View Earnings Estimates for Canopy Growth.

What price target have analysts set for CGC?

1 equities research analysts have issued 12-month price targets for Canopy Growth's stock. Their forecasts range from $19.00 to $19.00. On average, they expect Canopy Growth's stock price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 61.8%. View Analyst Price Targets for Canopy Growth.

What is the consensus analysts' recommendation for Canopy Growth?

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

Are investors shorting Canopy Growth?

Canopy Growth saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 10,509,287 shares, a decrease of 43.5% from the August 15th total of 18,612,471 shares. Based on an average daily trading volume, of 17,435,233 shares, the days-to-cover ratio is presently 0.6 days. View Canopy Growth's Current Options Chain.

Who are some of Canopy Growth's key competitors?

Who are Canopy Growth's key executives?

Canopy Growth's management team includes the folowing people:
  • Mr. Bruce A. Linton, Co-Founder, Chairman & CEO
  • Mr. Mark Anthony Nicholas Zekulin, Pres
  • Mr. Tim Saunders, Exec. VP & CFO
  • Mr. Rade Kovacevic, VP of Sales & Customer Experience
  • Mr. Ru Wadasinghe, Chief Information Officer

Who are Canopy Growth's major shareholders?

Canopy Growth's stock is owned by many different of institutional and retail investors. Top institutional shareholders include JW Asset Management LLC (0.59%), Morgan Stanley (0.55%), TD Asset Management Inc. (0.30%), Indus Capital Partners LLC (0.30%), Connor Clark & Lunn Investment Management Ltd. (0.25%) and QCI Asset Management Inc. NY (0.21%).

Which institutional investors are buying Canopy Growth stock?

CGC stock was acquired by a variety of institutional investors in the last quarter, including JW Asset Management LLC, Morgan Stanley, TD Asset Management Inc., Indus Capital Partners LLC, Connor Clark & Lunn Investment Management Ltd., QCI Asset Management Inc. NY, Swiss National Bank and CIBC World Markets Inc..

How do I buy shares of Canopy Growth?

Shares of CGC 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 Canopy Growth's stock price today?

One share of CGC stock can currently be purchased for approximately $49.78.

How big of a company is Canopy Growth?

Canopy Growth has a market capitalization of $11.38 billion and generates $60.79 million in revenue each year. The marijuana producer earns $-54,870,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis.

What is Canopy Growth's official website?

The official website for Canopy Growth is http://www.canopygrowth.com.

How can I contact Canopy Growth?

Canopy Growth's mailing address is 1 Hershey Drive, Smiths Falls A6, K7A 0A8. The marijuana producer can be reached via phone at 855-558-9333 or via email at [email protected]


MarketBeat Community Rating for Canopy Growth (NYSE CGC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  157 (Vote Outperform)
Underperform Votes:  143 (Vote Underperform)
Total Votes:  300
MarketBeat's community ratings are surveys of what our community members think about Canopy Growth and other stocks. Vote "Outperform" if you believe CGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

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