TSE:WEED Canopy Growth (WEED) Stock Price, News & Analysis C$6.35 -0.07 (-1.09%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Canopy Growth alerts: Email Address About Canopy Growth Stock (TSE:WEED) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Canopy Growth alerts:Sign Up Key Stats Today's RangeC$6.19▼C$6.4250-Day RangeC$6.07▼C$11.4452-Week RangeC$3.74▼C$20.50Volume879,829 shsAverage Volume2.15 million shsMarket CapitalizationC$538.86 millionP/E RatioN/ADividend Yield4.80%Price TargetC$7.12Consensus RatingReduce Company OverviewCanopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names. It also offers its products through Tweed Main Street, a single online platform that enables registered patients to purchase medicinal cannabis from various producers across various brands. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada to investigate the efficacy of cannabinoids for the treatment of post-concussion neurological diseases in former NHL players; and partnership with Parent Action on Drugs. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.Read More… Who are Nvidia’s New Silent Partners? (Ad)Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” Canopy Growth Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 29th PercentileCanopy Growth scored higher than 29% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.8 / 5Analyst RatingReduce Consensus RatingCanopy Growth has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.Amount of Analyst CoverageCanopy Growth has only been the subject of 1 research reports in the past 90 days.Read more about Canopy Growth's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Canopy Growth is -0.80, 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. SectorThe P/E ratio of Canopy Growth is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDue to a projected decrease in earnings for Canopy Growth, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCanopy Growth has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for WEED. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipCanopy Growth is a leading dividend payer. It pays a dividend yield of 4.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanopy Growth does not have a long track record of dividend growth.Read more about Canopy Growth's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for WEED. News and Social Media3.5 / 5News Sentiment1.26 News SentimentCanopy Growth has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Canopy Growth this week, compared to 3 articles on an average week.Search Interest2 people have searched for WEED on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows2 people have added Canopy Growth to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Canopy Growth insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$475,558.00 in company stock.Percentage Held by InsidersOnly 0.27% of the stock of Canopy Growth is held by insiders.Percentage Held by InstitutionsOnly 9.47% of the stock of Canopy Growth is held by institutions.Read more about Canopy Growth's insider trading history. Receive WEED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canopy Growth and its competitors with MarketBeat's FREE daily newsletter. Email Address WEED Stock News HeadlinesCanopy Growth Corp (TSE:WEED) Senior Officer Sells C$140,253.67 in StockAugust 30, 2024 | insidertrades.comCannabis retailer Tokyo Smoke has priced their beleaguered businessSeptember 20 at 1:52 AM | msn.comAre You Ready for a Small-Cap Rally?Jeff Bezos has just made a bold move into Quantum Computing as a Service (QaaS), a technology set to disrupt industries worth over $46 trillion. What's even more intriguing?September 20, 2024 | InvestorPlace (Ad)Canopy Growth (TSE:WEED) Shares Pass Below 50 Day Moving Average of $8.55September 19 at 4:43 AM | americanbankingnews.comHow This Former DEA Consultant Is Making Craft Cannabis Profitable In New Jersey: A 'Dirt-y' Little SecretSeptember 17 at 7:25 AM | benzinga.comHaving Burned Through the Constellation Investment, Canopy Growth Is at Risk for More DilutionSeptember 3, 2024 | morningstar.comWhy Canopy Growth (CGC) Stock Is Down 15% This WeekAugust 30, 2024 | msn.comCannabis retailer Tokyo Smoke to close 29 stores amid creditor protection proceedingsAugust 28, 2024 | theglobeandmail.comSee More Headlines WEED Stock Analysis - Frequently Asked Questions How have WEED shares performed this year? Canopy Growth's stock was trading at C$6.76 at the start of the year. Since then, WEED shares have decreased by 6.1% and is now trading at C$6.35. View the best growth stocks for 2024 here. How do I buy shares of Canopy Growth? Shares of WEED 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 other stocks do shareholders of Canopy Growth own? Based on aggregate information from My MarketBeat watchlists, some other companies that Canopy Growth investors own include Aurora Cannabis (ACB), Aphria (APHA), Auxly Cannabis Group (CBWTF), KushCo (KSHB) and Cronos Group (CRON). Industry, Sector and Symbol Stock ExchangeTSE SectorMedical Industry Drug Manufacturers - Specialty & Generic Sub-IndustryCannabis Current SymbolTSE:WEED CUSIPN/A CIKN/A Webwww.canopygrowth.com Phone+1-613-5999600FaxN/AEmployees2,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$7.12 High Stock Price TargetC$11.00 Low Stock Price TargetC$3.50 Potential Upside/Downside+12.1%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C($7.91) Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth-0.01Net IncomeC$-602,300,000.00 Net Margins-259.94% Pretax MarginN/A Return on Equity-87.26% Return on Assets-3.83% Debt Debt-to-Equity Ratio117.00 Current Ratio2.15 Quick Ratio2.32 Sales & Book Value Annual SalesC$287.10 million Price / Sales1.88 Cash FlowC$3.89 per share Price / Cash Flow1.63 Book ValueC$6.58 per share Price / Book0.97Miscellaneous Outstanding Shares84,860,000Free FloatN/AMarket CapC$538.86 million OptionableNot Optionable Beta1.81 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? 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