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

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$38.48 -0.70 (-1.79 %)
(As of 11/14/2018 04:47 AM ET)
Previous Close$39.18
Today's Range$38.2450 - $40.04
52-Week Range$12.60 - $59.25
Volume6.62 million shs
Average Volume5.94 million shs
Market Capitalization$9.09 billion
P/E Ratio-120.25
Dividend YieldN/A
Beta3.7
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 Medicinals & botanicals
Sub-IndustryCannabis
SectorMedical
Current SymbolNYSE:CGC
Previous Symbol
CUSIPN/A
Phone855-558-9333

Debt

Debt-to-Equity Ratio0.50
Current Ratio6.84
Quick Ratio5.53

Price-To-Earnings

Trailing P/E Ratio-120.25
Forward P/E Ratio-93.85
P/E GrowthN/A

Sales & Book Value

Annual Sales$60.79 million
Price / Sales146.96
Cash FlowN/A
Price / CashN/A
Book Value$4.87 per share
Price / Book7.90

Profitability

EPS (Most Recent Fiscal Year)($0.32)
Net Income$-54,880,000.00
Net Margins-159.94%
Return on Equity-12.47%
Return on Assets-9.68%

Miscellaneous

Employees1,033
Outstanding Shares232,160,000
Market Cap$9.09 billion
OptionableOptionable

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."

When is Canopy Growth's next earnings date?

Canopy Growth is scheduled to release their next quarterly earnings announcement on Wednesday, November 14th 2018. View Earnings Estimates for Canopy Growth.

What price target have analysts set for CGC?

4 brokerages have issued 12 month target prices for Canopy Growth's shares. Their predictions range from $19.00 to $61.00. On average, they anticipate Canopy Growth's share price to reach $36.6667 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Canopy Growth.

What is the consensus analysts' recommendation for Canopy Growth?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last year. There are currently 1 sell rating, 1 hold rating and 2 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?

Media coverage about CGC stock has trended negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canopy Growth earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave headlines about the marijuana producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

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 & Co-CEO
  • Mr. Mark Anthony Nicholas Zekulin, Pres & Co-CEO
  • Mr. Timothy Rob Saunders, Exec. VP & CFO
  • Mr. Rade Kovacevic, Sr. VP & MD
  • Mr. Ru Wadasinghe, Chief Information 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 Connor Clark & Lunn Investment Management Ltd. (0.78%), TD Asset Management Inc. (0.33%), Artemis Investment Management LLP (0.18%), QCI Asset Management Inc. NY (0.14%), Swiss National Bank (0.13%) and Essex Investment Management Co. LLC (0.10%).

Which major investors are selling Canopy Growth stock?

CGC stock was sold by a variety of institutional investors in the last quarter, including QCI Asset Management Inc. NY, CIBC World Markets Inc., Toronto Dominion Bank, Seven Eight Capital LP, First Republic Investment Management Inc., K.J. Harrison & Partners Inc, McGowan Group Asset Management Inc. and Ingalls & Snyder LLC.

Which major investors are buying Canopy Growth stock?

CGC stock was acquired by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Artemis Investment Management LLP, Essex Investment Management Co. LLC, FIL Ltd, Renaissance Technologies LLC, Victory Capital Management Inc., TD Asset Management Inc. and Virtu Financial LLC.

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 $38.48.

How big of a company is Canopy Growth?

Canopy Growth has a market capitalization of $9.09 billion and generates $60.79 million in revenue each year. The marijuana producer earns $-54,880,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Canopy Growth employs 1,033 workers across the globe.

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, K7A0A8. 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:  173 (Vote Outperform)
Underperform Votes:  157 (Vote Underperform)
Total Votes:  330
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 11/14/2018 by MarketBeat.com Staff

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