HEXO (HEXO) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last twelve months. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HEXO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HEXO, but not buy additional shares or sell existing shares.
View HEXO analyst ratings or view top-rated stocks.

HEXO's stock was trading at $1.01 on January 1st, 2023. Since then, HEXO shares have decreased by 2.0% and is now trading at $0.9895.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 13th 2023.
View our HEXO earnings forecast.

HEXO Corp. (NYSE:HEXO) announced its quarterly earnings results on Thursday, March, 16th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.03. The firm had revenue of $17.42 million for the quarter, compared to analysts' expectations of $26.38 million. HEXO had a negative trailing twelve-month return on equity of 64.50% and a negative net margin of 217.60%.

HEXO's stock reverse split before market open on Monday, December 19th 2022. The 1-14 reverse split was announced on Monday, December 19th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 19th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

11 employees have rated HEXO Chief Executive Officer Sebastien St. Louis on Glassdoor.com. Sebastien St. Louis has an approval rating of 63% among the company's employees. This puts Sebastien St. Louis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include Cronos Group (CRON), Walt Disney (DIS), GSK (GSK), Summit Hotel Properties (INN), Kensington Capital Acquisition Corp. II (KCAC), Kosmos Energy (KOS), Micron Technology (MU) and NIO (NIO).

HEXO trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEXO."

HEXO's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (2.80%), ETF Managers Group LLC (2.71%), Renaissance Technologies LLC (0.78%), Susquehanna International Group LLP (0.00%), National Bank of Canada FI (0.11%) and Vontobel Holding Ltd. (0.05%).

Shares of HEXO 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.
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One share of HEXO stock can currently be purchased for approximately $0.99.

HEXO (NYSE:HEXO) has a market capitalization of $43.54 million and generates $146.20 million in revenue each year. The company earns $-845,900,000.00 in net income (profit) each year or ($7.0527) on an earnings per share basis.

The company employs 1,277 workers across the globe.

The official website for the company is www.hexocorp.com. The company can be reached via phone at (844) 406-1852 or via email at invest@hexo.com.