TSE:CRON

Cronos Group (CRON) Stock Price, News & Analysis

C$3.22
-0.02 (-0.62%)
(As of 04/22/2024 ET)
Today's Range
C$2.98
C$3.25
50-Day Range
C$2.62
C$3.89
52-Week Range
C$2.15
C$4.01
Volume
479,893 shs
Average Volume
209,603 shs
Market Capitalization
C$1.23 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$2.77

Cronos Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.0% Downside
C$2.77 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.35mentions of Cronos Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.36 out of 5 stars

CRON stock logo

About Cronos Group Stock (TSE:CRON)

Cronos Group Inc. operates as a cannabinoid company that engages in the cultivation, production and marketing of cannabis products in Canada, Israel, and Germany. It offers dried flower, pre-rolls, oils, vaporizers, edibles, and cannabis tinctures under the Spinach, Lord Jones, and PEACE NATURALS brands. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

CRON Stock Price History

CRON Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Cronos Group (TSE:CRON) Stock Price Down 0.6%
CRON Oct 2024 2.500 put
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Cronos Group Inc CRON
Cronos Group Inc (CRON)
Cronos Enters Australian Cannabis Market
See More Headlines
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Company Calendar

Today
4/22/2024
Next Earnings (Estimated)
5/07/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Drug Manufacturers - Specialty & Generic
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
356
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$2.77
High Stock Price Target
C$2.82
Low Stock Price Target
C$2.72
Potential Upside/Downside
-14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
C$-69,850,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$87.24 million
Cash Flow
C$1.92 per share
Book Value
C$2.88 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.23 billion
Optionable
Not Optionable
Beta
1.04
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Key Executives

  • Mr. Michael Ryan Gorenstein J.D. (Age 37)
    President, CEO & Chairman
    Comp: $5.35M
  • Mr. James Holm (Age 41)
    Chief Financial Officer
    Comp: $426.9k
  • Mr. Jeffrey David Jacobson (Age 38)
    Chief Growth Officer
    Comp: $991.66k
  • Ms. Anna Shlimak (Age 38)
    Senior Vice President of Corporate Affairs & Strategy
    Comp: $720.54k
  • Mr. James Andrew McGinness III (Age 45)
    VP, Controller & Principal Accounting Officer
  • Mr. Shayne J. Laidlaw
    Director of Investor Relations & Strategy
  • Mr. Terry Gregory-Joseph Doucet (Age 34)
    General Counsel & Corporate Secretary
  • Ms. Shannon Buggy (Age 54)
    Senior VP & Global Head of People
    Comp: $596k
  • Mr. Arye Weigensberg (Age 41)
    Senior VP & Head of Research and Development

CRON Stock Analysis - Frequently Asked Questions

Should I buy or sell Cronos Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CRON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares.
View CRON analyst ratings
or view top-rated stocks.

What is Cronos Group's stock price target for 2024?

2 brokerages have issued 1-year price objectives for Cronos Group's shares. Their CRON share price targets range from C$2.72 to C$2.82. On average, they expect the company's stock price to reach C$2.77 in the next twelve months. This suggests that the stock has a possible downside of 14.0%.
View analysts price targets for CRON
or view top-rated stocks among Wall Street analysts.

How have CRON shares performed in 2024?

Cronos Group's stock was trading at C$2.77 on January 1st, 2024. Since then, CRON stock has increased by 16.2% and is now trading at C$3.22.
View the best growth stocks for 2024 here
.

When is Cronos Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our CRON earnings forecast
.

What other stocks do shareholders of Cronos Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include Aurora Cannabis (ACB), Canopy Growth (WEED), NVIDIA (NVDA), Aphria (APHA), Advanced Micro Devices (AMD), Netflix (NFLX), Walt Disney (DIS) and Intel (INTC).

How do I buy shares of Cronos Group?

Shares of CRON stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CRON) was last updated on 4/23/2024 by MarketBeat.com Staff

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