TSE:CRON

Cronos Group Stock Forecast, Price & News

C$7.69

+0.43 (+5.92 %)

(As of 09/23/2021 09:51 AM ET)

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Today's Range

C$7.60

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C$7.80

50-Day Range

C$7.26

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C$9.60

52-Week Range

C$6.55

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C$20.08

Volume29,959 shs

Average Volume611,111 shs

Market CapitalizationC$2.86 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Cronos Group

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, and cannabis extracts through wholesale and direct-to-client channels under its wellness platform, PEACE NATURALS; and operates under two adult-use brands, COVE and Spinach. The company 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.

Another Day of Losses for TSX
September 14, 2021 | ca.finance.yahoo.com

Cronos Group Inc. (TSE:CRON) Given Consensus Recommendation of "Hold" by Analysts
September 3, 2021 | americanbankingnews.com

Altria (MO) Benefits From Low-Risk Products, High Pricing
September 2, 2021 | nasdaq.com

Altria (MO) Hikes Dividend, Boosts Shareholders' Wealth
August 28, 2021 | finance.yahoo.com

Video: Cronos Group Exec Chairman On Cannabinoids Biosynthetic Innovation And… Marlboro Greens?
August 25, 2021 | markets.businessinsider.com

Video: Cronos Group Exec Chairman On Cultured Cannabinoids And... Marlboro Greens?
August 25, 2021 | finance.yahoo.com

Relative Strength Alert For Cronos Group
August 12, 2021 | nasdaq.com

This Stock Is Smoking After Q2 Earnings
August 2, 2021 | msn.com

Will Cronos Group (CRON) Report Negative Earnings Next Week? What You Should Know
July 30, 2021 | finance.yahoo.com

Cronos Group Inc. to Hold 2021 Second Quarter Earnings Conference Call on August 6, 2021
July 23, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Biotechnology
Sub-IndustryN/A
SectorMedical
Current SymbolTSE:CRON
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.thecronosgroup.com
Phone416-504-0004
Employees665
Year FoundedN/A

Sales & Book Value

Annual SalesC$56.64 million
Price / Sales50.48
Cash FlowC$3.02 per share
Price / Cash Flow2.55
Book ValueC$4.39 per share
Price / Book1.75

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares371,806,000
Market CapC$2.86 billion
Next Earnings Date11/3/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.19 out of 5 stars

2.1 Analyst's Opinion

Consensus Rating
Cronos Group has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$9.36, Cronos Group has a forecasted upside of 24.6% from its current price of C$7.51.
Amount of Analyst Coverage
Cronos Group has only been the subject of 3 research reports in the past 90 days.

3.9 Community Rank

Outperform Votes
Cronos Group has received 64 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cronos Group has received 45 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cronos Group has received 58.72% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cronos Group and other stocks. Vote “Outperform” if you believe CRON will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CRON will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Cronos Group does not currently pay a dividend.
Dividend Growth
Cronos Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cronos Group insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cronos Group is -14.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cronos Group is -14.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Cronos Group, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Cronos Group has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Cronos Group (TSE:CRON) Frequently Asked Questions

Is Cronos Group a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cronos Group stock. 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 analyst ratings for Cronos Group or view top-rated stocks.

What stocks does MarketBeat like better than Cronos Group?

Wall Street analysts have given Cronos Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cronos Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Cronos Group's next earnings date?

Cronos Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Cronos Group.

How has Cronos Group's stock been impacted by COVID-19 (Coronavirus)?

Cronos Group's stock was trading at C$7.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CRON shares have increased by 3.2% and is now trading at C$7.69.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for CRON?

5 Wall Street analysts have issued 1 year price objectives for Cronos Group's stock. Their forecasts range from C$7.00 to C$14.00. On average, they anticipate Cronos Group's share price to reach C$9.36 in the next year. This suggests a possible upside of 21.7% from the stock's current price.
View analysts' price targets for Cronos Group or view top-rated stocks among Wall Street analysts.

Who are Cronos Group's key executives?

Cronos Group's management team includes the following people:

Mr. Michael Ryan Gorenstein, Exec. Chairman (Age 34, Pay $485.5k)
Mr. Kurt Thomas Schmidt B.Sc., M.B.A., Pres & CEO (Age 64, Pay $389.62k)
Mr. Jerry Filomena Barbato, Chief Financial Officer (Age 45, Pay $249.24k)
Ms. Xiuming Shum, Exec. VP of Legal and Regulatory Affairs & Corp. Sec. (Age 35, Pay $474.88k)
Ms. Anna Shlimak, Sr. VP of Corp. Affairs (Age 35, Pay $623.3k)
Dr. Todd K. Abraham, Chief Innovation Officer (Age 66, Pay $488.69k)
Mr. Carlos Cortez, VP, Controller & Principal Accounting Officer (Age 48)
Mr. Shayne J. Laidlaw, Director of Investor Relations & Strategy
Ms. Shannon Buggy, Sr. VP & Global Head of People (Age 51)
Mr. Jeffrey David Jacobson, Gen. Mang. of Canada & Europe (Age 35)

Who are some of Cronos Group's key competitors?

Some companies that are related to Cronos Group include Halozyme Therapeutics (HALO), Genus (GNS), Abcam (ABC), BTG (BTG), Trillium Therapeutics (TRIL), MorphoSys (MOR), Oxford Biomedica (OXB), Concordia International (CXR), PureTech Health (PRTC), Biotest Aktiengesellschaft (BIO), Ergomed (ERGO), BELLUS Health (BLU), Inventiva (IVA), Brooklyn ImmunoTherapeutics (BTX) and Silence Therapeutics (SLN).
View all of CRON's competitors.

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), (CGC), Aurora Cannabis (ACB), Canopy Growth (WEED), NVIDIA (NVDA), Aphria (APHA), Advanced Micro Devices (AMD), Netflix (NFLX), The 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 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$7.69.

How much money does Cronos Group make?

Cronos Group has a market capitalization of C$2.86 billion and generates C$56.64 million in revenue each year.

How many employees does Cronos Group have?

Cronos Group employs 665 workers across the globe.

What is Cronos Group's official website?

The official website for Cronos Group is www.thecronosgroup.com.

Where are Cronos Group's headquarters?

Cronos Group is headquartered at Suite 300, Toronto, Ontario M5V 2G9.

How can I contact Cronos Group?

Cronos Group's mailing address is Suite 300, Toronto, Ontario M5V 2G9. The company can be reached via phone at 416-504-0004.

This page was last updated on 9/23/2021 by MarketBeat.com Staff

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