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Canopy Growth (WEED) Competitors

Canopy Growth logo
C$5.22 -0.03 (-0.57%)
(As of 11/15/2024 ET)

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

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

Canopy Growth vs.

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

Cronos Group has higher earnings, but lower revenue than Canopy Growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cronos GroupN/AN/AN/AN/AN/A
Canopy GrowthC$287.10M1.54-C$602.30M-C$7.91-0.66

Canopy Growth has a consensus target price of C$7.12, indicating a potential upside of 36.37%. Given Canopy Growth's stronger consensus rating and higher possible upside, analysts clearly believe Canopy Growth is more favorable than Cronos Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cronos Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canopy Growth
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

In the previous week, Cronos Group had 2 more articles in the media than Canopy Growth. MarketBeat recorded 3 mentions for Cronos Group and 1 mentions for Canopy Growth. Canopy Growth's average media sentiment score of 0.50 beat Cronos Group's score of -0.26 indicating that Canopy Growth is being referred to more favorably in the news media.

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

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

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

Canopy Growth received 506 more outperform votes than Cronos Group when rated by MarketBeat users. However, 68.02% of users gave Cronos Group an outperform vote while only 62.14% of users gave Canopy Growth an outperform vote.

CompanyUnderperformOutperform
Cronos GroupOutperform Votes
134
68.02%
Underperform Votes
63
31.98%
Canopy GrowthOutperform Votes
640
62.14%
Underperform Votes
390
37.86%

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

Summary

Canopy Growth beats Cronos Group on 7 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$442.97MC$1.19BC$5.15BC$6.08B
Dividend Yield4.80%3.13%5.18%5.33%
P/E Ratio-0.66106.9966.3726.33
Price / Sales1.543,546.221,276.841,427.12
Price / Cash1.6310.3339.7082.02
Price / Book0.793.196.473.06
Net Income-C$602.30MC$155.49MC$119.73MC$291.48M
7 Day Performance-11.53%-0.77%-5.13%-0.14%
1 Month Performance-12.27%-2.67%-2.71%-1.45%
1 Year Performance577.92%95.74%31.08%42.59%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WEED
Canopy Growth
1.7692 of 5 stars
C$5.22
-0.6%
C$7.12
+36.4%
+605.4%C$442.97MC$287.10M-0.662,700
MJN
Cronos Group
N/AC$12.15
-1.9%
N/A+0.0%C$1.73BN/A0.007,600
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
3.2052 of 5 stars
C$2.16
-1.8%
N/A+26.7%C$234.51MC$149.21M-0.86987Gap 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/AGap Up
BE
Beleave
N/AN/AN/AN/A$0.00N/A0.00N/APositive News
High 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

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This page (TSE:WEED) was last updated on 11/17/2024 by MarketBeat.com Staff
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