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

$18.60
+0.22 (+1.20 %)
(As of 12/6/2019 06:00 AM ET)
Today's Range
$18.21
Now: $18.60
$18.89
50-Day Range
$14.30
MA: $19.26
$22.07
52-Week Range
$13.81
Now: $18.60
$52.74
Volume4.87 million shs
Average Volume6.57 million shs
Market Capitalization$6.48 billion
P/E RatioN/A
Dividend YieldN/A
Beta3.6
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, CraftGrow, and Foria brand names. Read More…

Industry, Sector and Symbol

Industry Medicinals & botanicals
Sub-IndustryCannabis
SectorMedical
CUSIPN/A
CIKN/A
Phone855-558-9333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$170.25 million
Book Value$16.03 per share

Profitability

Net Income$-522,300,000.00
Net Margins-542.66%

Miscellaneous

Employees3,200
Market Cap$6.48 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings results on Thursday, November, 14th. The marijuana producer reported ($0.82) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by $0.55. The marijuana producer had revenue of $58.03 million for the quarter, compared to analysts' expectations of $77.10 million. Canopy Growth had a negative net margin of 542.66% and a negative return on equity of 13.44%. 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 Thursday, February 13th 2020. View Earnings Estimates for Canopy Growth.

What price target have analysts set for CGC?

20 Wall Street analysts have issued 12-month price targets for Canopy Growth's shares. Their forecasts range from $15.32 to $107.57. On average, they anticipate Canopy Growth's stock price to reach $43.90 in the next year. This suggests a possible upside of 136.0% from the stock's current price. View Analyst Price Targets for Canopy Growth.

What is the consensus analysts' recommendation for Canopy Growth?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last year. There are currently 2 sell ratings, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canopy Growth.

Has Canopy Growth been receiving favorable news coverage?

Press coverage about CGC stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Canopy Growth earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines about the marijuana producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Canopy Growth.

Who are some of Canopy Growth's key competitors?

What other stocks do shareholders of Canopy Growth own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canopy Growth investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Aurora Cannabis (ACB), Cronos Group (CRON), Canopy Growth (WEED), KushCo (KSHB), Aurora Cannabis (ACB) and Tilray (TLRY).

Who are Canopy Growth's key executives?

Canopy Growth's management team includes the folowing people:
  • Mr. Bruce A. Linton, Co-Founder, Chairman & Co-CEO (Age 52)
  • Mr. Mark Anthony Nicholas Zekulin, Pres & Co-CEO
  • Mr. Timothy Rob Saunders, Exec. Officer
  • Mr. Rade Kovacevic, Exec. VP
  • Mr. Mike Lee, Acting Chief Financial Officer

Who are Canopy Growth's major shareholders?

Canopy Growth's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.22%), Commonwealth Equity Services LLC (0.09%), Cambridge Investment Research Advisors Inc. (0.06%), CIBC Asset Management Inc (0.05%), Great West Life Assurance Co. Can (0.05%) and Commerzbank Aktiengesellschaft FI (0.04%).

Which institutional investors are selling Canopy Growth stock?

CGC stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Jupiter Wealth Management LLC, Sumitomo Mitsui Trust Holdings Inc., Sheaff Brock Investment Advisors LLC, Oppenheimer & Co. Inc., Sigma Planning Corp, K.J. Harrison & Partners Inc and Usca Ria LLC.

Which institutional investors are buying Canopy Growth stock?

CGC stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Great West Life Assurance Co. Can, USA Mutuals Advisors Inc., Exane Derivatives, JT Stratford LLC, Venturi Wealth Management LLC, Penserra Capital Management LLC and Cambridge Investment Research Advisors 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, Robinhood, Fidelity and Charles Schwab.

What is Canopy Growth's stock price today?

One share of CGC stock can currently be purchased for approximately $18.60.

How big of a company is Canopy Growth?

Canopy Growth has a market capitalization of $6.48 billion and generates $170.25 million in revenue each year. The marijuana producer earns $-522,300,000.00 in net income (profit) each year or ($1.59) on an earnings per share basis. Canopy Growth employs 3,200 workers across the globe.View Additional Information About Canopy Growth.

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, SMITH 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:  2.5 out of 5 (star star half star)
Outperform Votes:  524 (Vote Outperform)
Underperform Votes:  504 (Vote Underperform)
Total Votes:  1,028
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 12/6/2019 by MarketBeat.com Staff

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