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NASDAQ:GRWG

GrowGeneration (GRWG) Stock Price, News & Analysis

$1.86
-0.03 (-1.59%)
(As of 09/6/2024 ET)
Today's Range
$1.84
$1.92
50-Day Range
$1.80
$2.66
52-Week Range
$1.77
$3.78
Volume
389,933 shs
Average Volume
907,967 shs
Market Capitalization
$112.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.75

GrowGeneration MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
47.8% Upside
$2.75 Price Target
Short Interest
Bearish
8.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$468,800 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.40) to ($0.21) Per Share

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.

1.49 out of 5 stars

Basic Materials Sector

152nd out of 180 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

4th out of 6 stocks

GRWG stock logo

About GrowGeneration Stock (NASDAQ:GRWG)

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products. It operates a chain of stores in California, Colorado, Michigan, Maine, Oklahoma, Oregon, Washington, Montana, New York, Ohio, Mississippi, Missouri, Arizona, Rhode Island, Florida, Massachusetts, Virginia, New Jersey, and New Mexico, as well as growgeneration.com, an online superstore for cultivators, a wholesale business for resellers, HRG Distribution, and benching, racking, and storage solutions and MMI. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

GRWG Stock Price History

GRWG Stock News Headlines

3 Small Cap Stocks That Insiders Are Buying
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
GRWG Sep 2024 3.000 put (GRWG240920P00003000)
Roth MKM Reaffirms Their Hold Rating on GrowGeneration (GRWG)
Here's what to expect from GrowGeneration's earnings
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Cannabis
Current Symbol
NASDAQ:GRWG
Fax
N/A
Employees
690
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.75
High Stock Price Target
$4.00
Low Stock Price Target
$2.25
Potential Upside/Downside
+47.8%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-46,500,000.00
Pretax Margin
-23.90%

Debt

Sales & Book Value

Annual Sales
$206.55 million
Book Value
$2.63 per share

Miscellaneous

Free Float
56,417,000
Market Cap
$112.92 million
Optionable
Optionable
Beta
3.09
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Key Executives

  • Mr. Darren Lampert (Age 63)
    Co-Founder, CEO & Director
    Comp: $1.34M
  • Mr. Michael Salaman (Age 63)
    Co-Founder, President & Director
    Comp: $1.34M
  • Mr. Gregory Sanders (Age 35)
    Chief Financial Officer
    Comp: $287.31k
  • Mr. Clifton Tomasini
    Vice President of Operations
  • Mr. Son Nguyen
    Chief Information Officer
  • John Evans
    Head of Investor Relations
  • Mr. Stephen Kozey
    General Counsel
  • Mr. Robert L. Nardelli (Age 76)
    Senior Strategic Advisor
  • Ms. Rebecca Haluska
    Senior Vice President of Purchasing
  • Mr. Keith Harrington
    Senior Vice President of Business Development

GRWG Stock Analysis - Frequently Asked Questions

How have GRWG shares performed this year?

GrowGeneration's stock was trading at $2.51 at the beginning of the year. Since then, GRWG stock has decreased by 25.9% and is now trading at $1.86.
View the best growth stocks for 2024 here
.

How were GrowGeneration's earnings last quarter?

GrowGeneration Corp. (NASDAQ:GRWG) posted its quarterly earnings results on Thursday, August, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.02. The firm earned $53.54 million during the quarter, compared to analyst estimates of $53 million. GrowGeneration had a negative net margin of 23.91% and a negative trailing twelve-month return on equity of 19.43%.

Who are GrowGeneration's major shareholders?

GrowGeneration's top institutional investors include Dimensional Fund Advisors LP (2.32%), Bank of New York Mellon Corp (0.32%), Baader Bank Aktiengesellschaft (0.30%) and AQR Capital Management LLC (0.26%). Insiders that own company stock include Darren Lampert, Michael Salaman, Stephen Aiello and Eula L Adams.
View institutional ownership trends
.

How do I buy shares of GrowGeneration?

Shares of GRWG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GrowGeneration own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GrowGeneration investors own include NVIDIA (NVDA), Innovative Industrial Properties (IIPR), Tesla (TSLA), Advanced Micro Devices (AMD), Curaleaf (CURLF) and KushCo (KSHB).

This page (NASDAQ:GRWG) was last updated on 9/7/2024 by MarketBeat.com Staff

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