Cronos Group (CRON) Competitors

C$3.99
-0.15 (-3.62%)
(As of 05/17/2024 08:55 PM ET)

CRON vs. WEED, TLRY, GUD, ACB, BHC, DNTL, SIA, WELL, EXE, and OGI

Should you be buying Cronos Group stock or one of its competitors? The main competitors of Cronos Group include Canopy Growth (WEED), Tilray Brands (TLRY), Knight Therapeutics (GUD), Aurora Cannabis (ACB), Bausch Health Companies (BHC), dentalcorp (DNTL), Sienna Senior Living (SIA), WELL Health Technologies (WELL), Extendicare (EXE), and Organigram (OGI). These companies are all part of the "medical" sector.

Cronos Group vs.

Canopy Growth (TSE:WEED) and Cronos Group (TSE:CRON) are both small-cap medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, media sentiment, community ranking, risk, institutional ownership, earnings and analyst recommendations.

Canopy Growth has a beta of 1.85, indicating that its share price is 85% more volatile than the S&P 500. Comparatively, Cronos Group has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.

In the previous week, Canopy Growth had 2 more articles in the media than Cronos Group. MarketBeat recorded 5 mentions for Canopy Growth and 3 mentions for Cronos Group. Cronos Group's average media sentiment score of 0.82 beat Canopy Growth's score of 0.53 indicating that Canopy Growth is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canopy Growth
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cronos Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canopy Growth received 571 more outperform votes than Cronos Group when rated by MarketBeat users. Likewise, 62.44% of users gave Canopy Growth an outperform vote while only 50.74% of users gave Cronos Group an outperform vote.

CompanyUnderperformOutperform
Canopy GrowthOutperform Votes
640
62.44%
Underperform Votes
385
37.56%
Cronos GroupOutperform Votes
69
50.74%
Underperform Votes
67
49.26%

Canopy Growth presently has a consensus target price of C$3.20, indicating a potential downside of 78.39%. Cronos Group has a consensus target price of C$3.18, indicating a potential downside of 20.30%. Given Canopy Growth's stronger consensus rating and higher possible upside, analysts plainly believe Cronos Group is more favorable than Canopy Growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Cronos Group
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Cronos Group has lower revenue, but higher earnings than Canopy Growth. Cronos Group is trading at a lower price-to-earnings ratio than Canopy Growth, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy GrowthC$362.24M3.07-C$1.18B-C$21.30-0.70
Cronos GroupC$93.03M16.38-C$54.14M-C$0.19-21.00

Canopy Growth has a net margin of 0.00% compared to Canopy Growth's net margin of -61.31%. Canopy Growth's return on equity of -4.99% beat Cronos Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy GrowthN/A -121.56% -8.89%
Cronos Group -61.31%-4.99%-4.02%

4.3% of Canopy Growth shares are held by institutional investors. Comparatively, 13.1% of Cronos Group shares are held by institutional investors. 0.2% of Canopy Growth shares are held by insiders. Comparatively, 46.4% of Cronos Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Cronos Group beats Canopy Growth on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CRON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CRON vs. The Competition

MetricCronos GroupDrug Manufacturers IndustryMedical SectorTSE Exchange
Market CapC$1.52BC$1.20BC$5.02BC$4.00B
Dividend YieldN/A2.99%44.82%7.08%
P/E Ratio-21.00438.41162.1725.02
Price / Sales16.388,371.302,405.481,825.34
Price / Cash1.679.9434.3772.85
Price / Book1.416.865.453.31
Net Income-C$54.14MC$143.33MC$100.67MC$261.64M
7 Day Performance-0.75%1,722.27%117.53%0.89%
1 Month Performance23.15%1,854.68%124.73%3.70%
1 Year Performance54.65%2,041.33%134.78%17.04%

Cronos Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WEED
Canopy Growth
0.0656 of 5 stars
C$12.98
-2.5%
C$3.20
-75.3%
+921.4%C$1.18BC$362.24M-0.612,700Gap Up
TLRY
Tilray Brands
0.0098 of 5 stars
C$2.73
-2.8%
C$2.95
+8.1%
-18.0%C$2.06BC$700.50M-0.881,600Gap Down
GUD
Knight Therapeutics
1.0695 of 5 stars
C$5.87
-0.8%
C$6.63
+13.0%
+23.7%C$593.87MC$328.20M-36.69725
ACB
Aurora Cannabis
0.0287 of 5 stars
C$9.15
+0.5%
C$2.26
-75.3%
+1,029.2%C$499.04MC$275.88M-0.121,130Gap Up
BHC
Bausch Health Companies
0.2351 of 5 stars
C$10.20
-0.7%
C$9.00
-11.8%
-17.8%C$3.73BC$8.76B-4.6420,270
DNTL
dentalcorp
2.325 of 5 stars
C$6.25
-1.4%
C$10.72
+71.6%
-13.6%C$1.12BC$1.43B-13.599,900
SIA
Sienna Senior Living
1.9364 of 5 stars
C$14.00
-1.1%
C$14.00
+29.7%C$1.02BC$785.37M140.0012,000Dividend Announcement
Analyst Forecast
WELL
WELL Health Technologies
0.7508 of 5 stars
C$3.58
-1.9%
C$7.13
+99.0%
-17.2%C$879.36MC$776.05M-185.00392
EXE
Extendicare
0.6561 of 5 stars
C$7.43
-1.1%
C$7.88
+6.0%
+8.0%C$617.88MC$1.30B18.5823,000Dividend Announcement
Analyst Forecast
News Coverage
OGI
Organigram
3.0385 of 5 stars
C$2.51
-2.7%
C$3.85
+53.4%
+310.6%C$258.53MC$149.21M-1.00984Analyst Forecast
Analyst Revision
Gap Up

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This page (TSE:CRON) was last updated on 5/20/2024 by MarketBeat.com Staff

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