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Canopy Growth (WEED) Competitors

Canopy Growth logo
C$4.07 -0.31 (-7.08%)
(As of 05:28 PM ET)

WEED vs. CMED, EMC, OGI, ICC, LEAF, MGW, BE, BLO, SL, and MJN

Should you be buying Canopy Growth stock or one of its competitors? The main competitors of Canopy Growth include CanniMed Therapeutics (CMED), Emblem (EMC), Organigram (OGI), ICC Labs (ICC), Leaf Mobile (LEAF), Maple Leaf Green World (MGW), Beleave (BE), Cannabix Technologies (BLO), Supreme Cannabis Company Inc, (SL), and Cronos Group (MJN). These companies are all part of the "cannabis" industry.

Canopy Growth vs.

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

Canopy Growth presently has a consensus price target of C$6.26, suggesting a potential upside of 53.84%. Given Canopy Growth's stronger consensus rating and higher possible upside, equities analysts clearly believe Canopy Growth is more favorable than CanniMed Therapeutics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
3 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.25
CanniMed Therapeutics
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Canopy Growth had 3 more articles in the media than CanniMed Therapeutics. MarketBeat recorded 3 mentions for Canopy Growth and 0 mentions for CanniMed Therapeutics. Canopy Growth's average media sentiment score of 0.30 beat CanniMed Therapeutics' score of 0.00 indicating that Canopy Growth is being referred to more favorably in the media.

Company Overall Sentiment
Canopy Growth Neutral
CanniMed Therapeutics Neutral

CanniMed Therapeutics has a net margin of 0.00% compared to Canopy Growth's net margin of -259.94%. CanniMed Therapeutics' return on equity of 0.00% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy Growth-259.94% -87.26% -3.83%
CanniMed Therapeutics N/A N/A N/A

9.4% of Canopy Growth shares are held by institutional investors. 0.2% of Canopy Growth shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Canopy Growth received 483 more outperform votes than CanniMed Therapeutics when rated by MarketBeat users. However, 75.85% of users gave CanniMed Therapeutics an outperform vote while only 62.08% of users gave Canopy Growth an outperform vote.

CompanyUnderperformOutperform
Canopy GrowthOutperform Votes
640
62.08%
Underperform Votes
391
37.92%
CanniMed TherapeuticsOutperform Votes
157
75.85%
Underperform Votes
50
24.15%

CanniMed Therapeutics has lower revenue, but higher earnings than Canopy Growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy GrowthC$287.10M1.20-C$602.30M-C$7.91-0.51
CanniMed TherapeuticsN/AN/AN/AN/AN/A

Summary

Canopy Growth beats CanniMed Therapeutics on 8 of the 12 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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WEED vs. The Competition

MetricCanopy GrowthDrug Manufacturers IndustryMedical SectorTSE Exchange
Market CapC$345.38MC$1.13BC$5.06BC$5.61B
Dividend Yield4.80%3.13%4.83%5.75%
P/E Ratio-0.51113.20133.9127.87
Price / Sales1.202,159.071,148.991,183.56
Price / Cash1.639.9240.5678.85
Price / Book0.623.134.763.30
Net Income-C$602.30MC$149.12MC$118.62MC$286.42M
7 Day Performance-12.10%-1.96%12.28%-3.92%
1 Month Performance-23.35%-2.27%12.40%0.43%
1 Year Performance516.67%104.70%31.63%36.04%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WEED
Canopy Growth
1.2143 of 5 stars
C$4.07
-7.1%
C$6.26
+53.8%
+534.8%C$345.38MC$287.10M-0.512,700Analyst Downgrade
News Coverage
CMED
CanniMed Therapeutics
N/AC$27.00
-5.3%
N/AN/AC$668.44MN/A0.00147,000
EMC
Emblem
N/A$1.88
+1.6%
N/A+0.0%$245.45M$5.71M-9.89N/A
OGI
Organigram
3.2013 of 5 stars
C$2.17
+3.3%
C$3.86
+78.0%
+26.7%C$235.60MC$149.21M-0.84987Analyst Forecast
Gap Up
ICC
ICC Labs
N/AC$1.62
-5.8%
N/A+0.0%C$223.64MC$533,684.0095.29N/AGap Up
LEAF
Leaf Mobile
N/AC$2.59
-1.9%
N/AN/AC$198.42MC$83.74M58.86150
MGW
Maple Leaf Green World
N/AC$0.79
+777.8%
N/A+0.0%C$111.69MN/A0.00N/APositive News
Gap Up
BE
Beleave
N/AN/AN/AN/A$0.00N/A0.00N/AHigh Trading Volume
BLO
Cannabix Technologies
N/AN/AN/AN/AC$0.00N/A0.00N/AGap Down
SL
Supreme Cannabis Company Inc,
N/AN/AN/AN/AC$0.00N/A0.00N/AGap Down
High Trading Volume
MJN
Cronos Group
N/AC$12.15
-1.9%
N/A+0.0%C$1.73BN/A0.007,600

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This page (TSE:WEED) was last updated on 12/18/2024 by MarketBeat.com Staff
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