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NASDAQ:GRWG

GrowGeneration (GRWG) Stock Price, News & Analysis

GrowGeneration logo
$1.86 +0.01 (+0.54%)
(As of 11/22/2024 ET)

About GrowGeneration Stock (NASDAQ:GRWG)

Key Stats

Today's Range
$1.78
$1.88
50-Day Range
$1.68
$2.24
52-Week Range
$1.55
$3.38
Volume
683,990 shs
Average Volume
750,516 shs
Market Capitalization
$110.19 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.75
Consensus Rating
Hold

Company Overview

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.

GrowGeneration Stock Analysis - MarketRank™

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60th Percentile Overall Score

GRWG MarketRank™: 

GrowGeneration scored higher than 60% of companies evaluated by MarketBeat, and ranked 116th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    GrowGeneration has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    GrowGeneration has received no research coverage in the past 90 days.

  • Read more about GrowGeneration's stock forecast and price target.
  • Earnings Growth

    Earnings for GrowGeneration are expected to grow in the coming year, from ($0.53) to ($0.31) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of GrowGeneration is -2.14, 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 GrowGeneration is -2.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    GrowGeneration has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about GrowGeneration's valuation and earnings.
  • Percentage of Shares Shorted

    6.69% of the float of GrowGeneration has been sold short.
  • Short Interest Ratio / Days to Cover

    GrowGeneration has a short interest ratio ("days to cover") of 7.4.
  • Change versus previous month

    Short interest in GrowGeneration has recently decreased by 5.96%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    GrowGeneration does not currently pay a dividend.

  • Dividend Growth

    GrowGeneration does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.69% of the float of GrowGeneration has been sold short.
  • Short Interest Ratio / Days to Cover

    GrowGeneration has a short interest ratio ("days to cover") of 7.4.
  • Change versus previous month

    Short interest in GrowGeneration has recently decreased by 5.96%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    GrowGeneration has a news sentiment score of 0.75. 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 0.56 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for GrowGeneration this week, compared to 2 articles on an average week.
  • Search Interest

    Only 2 people have searched for GRWG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added GrowGeneration to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, GrowGeneration insiders have bought more of their company's stock than they have sold. Specifically, they have bought $252,815.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 7.07% of the stock of GrowGeneration is held by insiders.

  • Percentage Held by Institutions

    Only 36.02% of the stock of GrowGeneration is held by institutions.

  • Read more about GrowGeneration's insider trading history.
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GRWG Stock News Headlines

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Brokers Set Expectations for GrowGeneration FY2024 Earnings
I Like GrowGeneration As A Cannabis Stock
GrowGeneration Reports Mixed Third Quarter 2024 Results
See More Headlines

GRWG Stock Analysis - Frequently Asked Questions

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

GrowGeneration Corp. (NASDAQ:GRWG) released its quarterly earnings data on Thursday, August, 8th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.02. The firm earned $53.54 million during the quarter, compared to the consensus estimate of $53 million. GrowGeneration had a negative trailing twelve-month return on equity of 23.73% and a negative net margin of 26.62%.

Top institutional investors of GrowGeneration include Geode Capital Management LLC (2.28%), Penserra Capital Management LLC (0.82%), Charles Schwab Investment Management Inc. (0.81%) and Jane Street Group LLC (0.28%). Insiders that own company stock include Darren Lampert, Michael Salaman, Stephen Aiello and Eula L Adams.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that GrowGeneration investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), PayPal (PYPL), NIO (NIO) and Block (SQ).

Company Calendar

Last Earnings
8/08/2024
Today
11/23/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/12/2025

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
-26.63%

Debt

Sales & Book Value

Annual Sales
$225.88 million
Book Value
$2.42 per share

Miscellaneous

Free Float
55,056,000
Market Cap
$110.19 million
Optionable
Optionable
Beta
3.14
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This page (NASDAQ:GRWG) was last updated on 11/23/2024 by MarketBeat.com Staff
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