Cronos Group (CRON) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$2.84 to C$2.95
• 50-Day Range: C$2.71 to C$3.15
• 52-Week Range: C$2.48 to C$4.28
• Volume: 79,083 shs
• Average Volume: 159,560 shs
• Market Capitalization: C$1.09 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$3.18
• Consensus Rating: Hold

Cronos Group Stock Analysis - MarketRank™

Cronos Group scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

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 received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cronos Group is -13.62, 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 -13.62, 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 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CRON.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cronos Group does not currently pay a dividend.

Dividend Growth

Cronos Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CRON.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.44

News Sentiment

Cronos Group has a news sentiment score of 0.44. 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 lower news sentiment than the 0.54 average news sentiment score of Medical companies.

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

Only 3 people have searched for CRON on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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

46.40% 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 15.99% of the stock of Cronos Group is held by institutions.

CRON Stock Analysis - Frequently Asked Questions

How have CRON shares performed this year?

Cronos Group's stock was trading at C$2.77 at the start of the year. Since then, CRON stock has increased by 3.2% and is now trading at C$2.86.
View the best growth stocks for 2024 here.

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.
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What other stocks do shareholders of Cronos Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cronos Group investors own include Aurora Cannabis (ACB), Canopy Growth (CGC), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), NIO (NIO) and Aurora Cannabis (ACB).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Medical
• Industry: Drug Manufacturers - Specialty & Generic
• Sub-Industry: Pharmaceutical Products
• Current Symbol: TSE:CRON
• CUSIP: N/A
• CIK: N/A
• Web: www.thecronosgroup.com
• Phone: 416-504-0004
• Fax: N/A
• Employees: 450
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.18
• High Stock Price Target: C$3.54
• Low Stock Price Target: C$2.82
• Potential Upside/Downside: +11.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: 0.12
• Net Income: C$-57,370,000.00
• Net Margins: -56.43%
• Pretax Margin: N/A
• Return on Equity: -5.29%
• Return on Assets: -3.73%

Debt

• Debt-to-Equity Ratio: 0.19
• Current Ratio: 28.29
• Quick Ratio: 24.01

Sales & Book Value

• Annual Sales: C$101.78 million
• Price / Sales: 10.74
• Cash Flow: C$1.71 per share
• Price / Cash Flow: 1.67
• Book Value: C$2.77 per share
• Price / Book: 1.03

Miscellaneous

• Outstanding Shares: 382,280,000
• Free Float: N/A
• Market Cap: C$1.09 billion
• Optionable: Not Optionable
• Beta: 1.02