TSE:CRON

Cronos Group - CRON Stock Forecast, Price & News

C$3.88

+0.03 (+0.78%)

(As of 09/23/2022 12:00 AM ET)

Add

Compare

Today's Range: C$3.74
▼
C$3.91
50-Day Range: C$3.77
▼
C$4.60
52-Week Range: C$3.32
▼
C$8.45

Volume: 246,538 shs
Average Volume: 350,964 shs
Market Capitalization: C$1.47 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$5.31

About Cronos Group (TSE:CRON) Stock

Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under the Lord Jones and Happy Dance brands in the United States. The company is also involved in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for the medical and adult-use markets. It sells cannabis and cannabis products, including dried cannabis, pre-rolls, edibles, concentrates, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under adult-use brands, Spinach. It also exports dried cannabis and cannabis oils to Germany, Israel, and Australia. Cronos Group Inc. was founded in 2012 and is based in Toronto, Canada.

Receive CRON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cronos Group and its competitors with MarketBeat's FREE daily newsletter.

CRON Stock News Headlines

September 18, 2022 | americanbankingnews.com

Cronos Group Inc. (TSE:CRON) Receives C$5.31 Consensus PT from Brokerages

September 14, 2022 | seekingalpha.com

CRON Cronos Group Inc.

September 8, 2022 | finance.yahoo.com

Norway’s sovereign fund will shun Canadian cannabis companies because the substance is still illegal in that country

September 1, 2022 | finance.yahoo.com

Is Cronos Group Inc. (TSE:CRON) Worth CA$4.0 Based On Its Intrinsic Value?

August 31, 2022 | realmoney.thestreet.com

Turn a New Leaf With These Hot Tobacco Dividend Stocks

August 29, 2022 | finance.yahoo.com

Cronos Australia (ASX:CAU) Has A Rock Solid Balance Sheet

August 12, 2022 | finance.yahoo.com

Analyst slashes revenue outlook for Trulieve, Curaleaf, Canopy, Cronos as cannabis business takes a hit

August 12, 2022 | finance.yahoo.com

Analysts Have Lowered Expectations For Cronos Group Inc. (TSE:CRON) After Its Latest Results

August 11, 2022 | seekingalpha.com

Cronos Group: Another Inexpensive Pot Stock With Risk And Upside Potential

August 10, 2022 | finance.yahoo.com

Cronos Group Inc.: Cronos Slows Q2; Stock Remains in 4-Star Territory Though We See More Upside Elsewhere in Cannabis

August 9, 2022 | markets.businessinsider.com

Cronos Q2 2022 Revenue Grows 47% YoY, Company Focused On Rare Cannabinoids

August 3, 2022 | theglobeandmail.com

Cronos Group Inc stock raised on Friday.

August 2, 2022 | finance.yahoo.com

Here's Why Cronos Is Soaring Today

August 1, 2022 | seekingalpha.com

Cronos Group: Too Much Cash, Too Soon - Making The Bear Case

July 22, 2022 | nasdaq.com

Zacks Investment Ideas feature highlights: ETFMG Alternative Harvest ETF and Cronos Group

July 18, 2022 | finance.yahoo.com

We're Not Very Worried About Cronos Group's (TSE:CRON) Cash Burn Rate

July 11, 2022 | seekingalpha.com

Altria: Stop Caring About Juul

July 9, 2022 | marketwatch.com

Cronos Group Inc. stock rises Thursday, outperforms market

July 8, 2022 | seekingalpha.com

Altria Crashed: With A Yield Near 9%, Is It A Smoking Hot Pick Or A Melting Ice Cube?

June 27, 2022 | finance.yahoo.com

Cronos Group Partners with Geocann to Leverage VESIsorb® Delivery Technology for Faster Absorption

June 24, 2022 | finance.yahoo.com

Cronos Group Inc. Announces Results of 2022 Annual Meeting of Shareholders

June 18, 2022 | benzinga.com

Thailand Becomes First Asian Country to Legalize...

June 17, 2022 | baystreet.ca

TSX Remains Negative as Weekly Figure Drops

June 17, 2022 | ca.finance.yahoo.com

Equities Still Green by Noon

June 3, 2022 | finance.yahoo.com

Altria (MO) Benefits From Solid Pricing, High Costs a Worry

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive CRON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cronos Group and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Biotechnology
Sub-Industry: N/A
Sector: Medical
Current Symbol: TSE:CRON
CUSIP: N/A
CIK: N/A
Web: www.thecronosgroup.com
Phone: 416-504-0004
Fax: N/A
Employees: 626
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$5.31
High Stock Price Forecast: C$10.00
Low Stock Price Forecast: C$3.00
Forecasted Upside/Downside: +36.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: 0.18
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.69
Current Ratio: 26.18
Quick Ratio: 24.66

Sales & Book Value

Annual Sales: C$94.30 million
Price / Sales: 15.55
Cash Flow: C$2.29 per share
Price / Cash Flow: 1.69
Book Value: C$3.41 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 377,896,000
Free Float: N/A
Market Cap: C$1.47 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Michael Ryan Gorenstein J.D. (Age 35)
Pres, CEO & Chairman
Comp: $389.15k

Mr. Robert L. Madore (Age 57)
Chief Financial Officer
Comp: $164.42k

Ms. Shannon Buggy (Age 52)
Sr. VP & Global Head of People
Comp: $438.81k

Ms. Anna Shlimak (Age 36)
Sr. VP of Corp. Affairs & Strategy
Comp: $422.03k

Mr. Carlos Cortez (Age 49)
VP, Controller & Principal Accounting Officer

Mr. Shayne J. Laidlaw
Director of Investor Relations & Strategy

Mr. Terry Gregory-Joseph Doucet (Age 32)
Sr. VP of Legal & Regulatory Affairs and Corp. Sec.

Mr. Jeffrey David Jacobson (Age 36)
Sr. VP & Head of Growth of North America

Mr. Arye Weigensberg
Head of R&D

Mr. John Griese (Age 60)
Sr. VP & Head of Operations of North America

Key Competitors

View All Competitors

CRON Stock - Frequently Asked Questions

Should I buy or sell Cronos Group stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRON shares.
View CRON analyst ratings or view top-rated stocks.
What is Cronos Group's stock price forecast for 2022?: 7 brokerages have issued twelve-month price targets for Cronos Group's stock. Their CRON share price forecasts range from C$3.00 to C$10.00. On average, they predict the company's share price to reach C$5.31 in the next year. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for CRON or view top-rated stocks among Wall Street analysts.
How have CRON shares performed in 2022?: Cronos Group's stock was trading at C$4.98 at the start of the year. Since then, CRON stock has decreased by 22.1% and is now trading at C$3.88.
View the best growth stocks for 2022 here.
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), Aurora Cannabis (ACB), Canopy Growth (WEED), NVIDIA (NVDA), Aphria (APHA), Advanced Micro Devices (AMD), Netflix (NFLX), Walt Disney (DIS) and Intel (INTC).

What is Cronos Group's stock symbol?: Cronos Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CRON."
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.
What is Cronos Group's stock price today?: One share of CRON stock can currently be purchased for approximately C$3.88.
How much money does Cronos Group make?: Cronos Group (TSE:CRON) has a market capitalization of C$1.47 billion and generates C$94.30 million in revenue each year.
How many employees does Cronos Group have?: The company employs 626 workers across the globe.
How can I contact Cronos Group?: Cronos Group's mailing address is Suite 300, Toronto, Ontario M5V 2G9. The official website for the company is www.thecronosgroup.com. The company can be reached via phone at 416-504-0004.

This page (TSE:CRON) was last updated on 9/24/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial Subscription Here

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms