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

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$43.65 +1.55 (+3.68 %)
(As of 01/17/2019 11:58 AM ET)
Previous Close$42.10
Today's Range$40.84 - $43.95
52-Week Range$16.74 - $59.25
Volume197,584 shs
Average Volume9.30 million shs
Market Capitalization$9.59 billion
P/E Ratio-136.56
Dividend YieldN/A
Beta3.31
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

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

Debt

Current Ratio0.64
Quick Ratio0.49

Price-To-Earnings

Sales & Book Value

Annual Sales$60.79 million
Price / Sales166.70
Price / Cash FlowN/A
Book Value$4.87 per share
Price / Book8.96

Profitability

Net Income$-54,880,000.00
Net Margins-503.14%
Return on Assets-18.43%

Miscellaneous

Employees1,033
Market Cap$9.59 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."

How were Canopy Growth's earnings last quarter?

Canopy Growth Corp (NYSE:CGC) announced its earnings results on Wednesday, November, 14th. The marijuana producer reported ($0.76) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by $0.64. The marijuana producer had revenue of $23.30 million for the quarter, compared to the consensus estimate of $59.10 million. Canopy Growth had a negative net margin of 503.14% and a negative return on equity of 26.32%. The firm's revenue for the quarter was up 32.4% 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 Thursday, February 14th 2019. View Earnings Estimates for Canopy Growth.

What price target have analysts set for CGC?

4 Wall Street analysts have issued 12 month price targets for Canopy Growth's stock. Their predictions range from $40.00 to $61.00. On average, they anticipate Canopy Growth's stock price to reach $50.50 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. 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 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canopy Growth.

Has Canopy Growth been receiving favorable news coverage?

Media coverage about CGC stock has trended positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing 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 nearest to five being the most favorable. Canopy Growth earned a daily sentiment score of 2.6 on InfoTrie's scale. They also gave media coverage about the marijuana producer a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the next few days.

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 (Age 52)
  • Mr. Mark Anthony Nicholas Zekulin, Pres & Co-CEO
  • Mr. Timothy Rob Saunders, Exec. VP & CFO
  • Mr. Rade Kovacevic, Sr. VP & MD
  • Ms. Ann Gordon, VP of Corp. Fin.

Who are Canopy Growth's major shareholders?

Canopy Growth's stock is owned by a variety of of institutional and retail investors. Top institutional investors include QCI Asset Management Inc. NY (0.16%), Virtu Financial LLC (0.00%), Dubuque Bank & Trust Co. (0.00%), G&S Capital LLC (0.00%) and North Star Investment Management Corp. (0.00%).

Which major investors are selling Canopy Growth stock?

CGC stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC.

Which major investors are buying Canopy Growth stock?

CGC stock was acquired by a variety of institutional investors in the last quarter, including QCI Asset Management Inc. NY, G&S Capital LLC, Dubuque Bank & Trust Co. and North Star Investment Management Corp..

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 $43.60.

How big of a company is Canopy Growth?

Canopy Growth has a market capitalization of $9.59 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:  2.7 out of 5 (star star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  372
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 1/17/2019 by MarketBeat.com Staff

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