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 Wall Street analysts 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 anticipate the company's share price to reach C$2.77 in the next twelve months. This suggests that the stock has a possible downside of 16.1%. 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 shares have increased by 19.1% and is now trading at C$3.30. 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 .

TSE:CRON

Cronos Group (CRON) Stock Price, News & Analysis

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Free CRON Stock Alerts

C$3.30

-0.03 (-0.90%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$3.28
▼
C$3.38
50-Day Range: C$2.62
▼
C$3.89
52-Week Range: C$2.15
▼
C$4.01

Volume: 185,806 shs
Average Volume: 207,111 shs
Market Capitalization: C$1.26 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$2.77

Stock Analysis Analyst Forecasts Chart Competitors Headlines

Get Cronos Group alerts:

Cronos Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 16.1% Downside
C$2.77 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 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.

0.11 out of 5 stars

1.0

Analyst's Opinion

Consensus Rating
Cronos Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cronos Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CRON.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CRON.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Cronos Group this week, compared to 1 article on an average week.
Search Interest
15 people have searched for CRON on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cronos Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cronos Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
46.65% of the stock of Cronos Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.13% of the stock of Cronos Group is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cronos Group is -13.75, 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 -13.75, 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
Cronos Group has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Cronos Group has a P/B Ratio of 1.15. 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

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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

30 days | 90 days | 365 days | Advanced Chart

CRON Stock News Headlines

April 18, 2024 | investing.com

KPMG to exit cannabis industry audits, Cronos seeks new firm

April 14, 2024 | americanbankingnews.com

Cronos Group (TSE:CRON) Stock Price Down 0.6%

April 19, 2024 | Paradigm Press (Ad)

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March 25, 2024 | finance.yahoo.com

Cronos Group Inc. Ontario Securities Class Action Notice

March 18, 2024 | msn.com

1 High-Yield Dividend King to Scoop Up While It's Cheap

March 16, 2024 | finance.yahoo.com

CRON Oct 2024 2.500 put

March 15, 2024 | benzinga.com

Smart Money Is Betting Big In Altria Group Options

March 1, 2024 | finance.yahoo.com

Cronos Group Inc. (NASDAQ:CRON) Q4 2023 Earnings Call Transcript

April 19, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

February 20, 2024 | msn.com

Law enforcement agencies disrupt prolific ransomware group LockBit

February 19, 2024 | msn.com

Lockbit cybercrime gang disrupted by international police operation

February 19, 2024 | msn.com

LockBit ransomware gang disrupted by global operation

February 15, 2024 | msn.com

The highs and lows of yeast-derived cannabis

February 15, 2024 | msn.com

Eni drills second well at Cronos gas discovery off Cyprus

February 15, 2024 | msn.com

‘Excellent’ Cronos gas discovery off Cyprus

February 14, 2024 | finance.yahoo.com

Cronos Group Inc. to Hold 2023 Fourth Quarter and Full-Year Earnings Conference Call on February 29, 2024

February 13, 2024 | morningstar.com

Cronos Group Inc CRON

February 5, 2024 | investing.com

Cronos Group Inc (CRON)

February 3, 2024 | finance.yahoo.com

While public companies own 41% of Cronos Group Inc. (TSE:CRON), retail investors are its largest shareholders with 44% ownership

February 1, 2024 | finance.yahoo.com

Murray R. Garnick, Executive Vice President & General Counsel, Announces Decision to Retire

January 25, 2024 | finance.yahoo.com

Cronos’ Spinach® Brand Ends 2023 as the Number One Flower Brand in Canada1

January 9, 2024 | msn.com

Canadian Cannabis Co. Cronos Explores Untapped Potential In Australia's Marijuana Industry

January 9, 2024 | finance.yahoo.com

Cronos Enters Australian Cannabis Market

December 28, 2023 | markets.businessinsider.com

Cronos Group Sell Rating Affirmed Amid Modest Sales Forecasts and Competitive Challenges

December 28, 2023 | markets.businessinsider.com

B of A Securities Maintains Underperform Rating for Cronos Group: Here's What You Need To Know

December 18, 2023 | finance.yahoo.com

12 Best CBD Stocks To Buy Now

December 15, 2023 | finance.yahoo.com

Premium Cannabis Brand Lord Jones® Launches Live Resin Vapes

See More Headlines

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Medical
Industry: Drug Manufacturers - Specialty & Generic
Sub-Industry: N/A
Current Symbol: TSE:CRON
CUSIP: N/A
CIK: N/A
Web: www.thecronosgroup.com
Phone: 416-504-0004
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: -16.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.24)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: 0.12
Net Income: C$-69,850,000.00
Net Margins: -84.78%
Pretax Margin: N/A
Return on Equity: -6.30%
Return on Assets: -4.24%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 22.54
Quick Ratio: 24.01

Sales & Book Value

Annual Sales: C$87.24 million
Price / Sales: 14.42
Cash Flow: C$1.97 per share
Price / Cash Flow: 1.67
Book Value: C$2.88 per share
Price / Book: 1.15

Miscellaneous

Outstanding Shares: 381,300,000
Free Float: N/A
Market Cap: C$1.26 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

Key Competitors

View All Competitors

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 Wall Street analysts 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 anticipate the company's share price to reach C$2.77 in the next twelve months. This suggests that the stock has a possible downside of 16.1%.
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 shares have increased by 19.1% and is now trading at C$3.30.
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 4/19/2024 by MarketBeat.com Staff

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Cronos Group (CRON) Stock Price, News & Analysis

Cronos Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cronos Group Stock (TSE:CRON)

CRON Stock Price History

CRON Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CRON Stock Analysis - Frequently Asked Questions

Overall MarketRank^™