Should I buy or sell Cronos Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CRON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares. View CRON analyst ratings or view top-rated stocks .

What is Cronos Group's stock price target for 2024?

3 Wall Street analysts have issued 12 month price targets for Cronos Group's shares. Their CRON share price targets range from $2.50 to $3.00. On average, they expect the company's stock price to reach $2.83 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View analysts price targets for CRON or view top-rated stocks among Wall Street analysts .

How have CRON shares performed in 2024?

Cronos Group's stock was trading at $2.09 at the beginning of 2024. Since then, CRON stock has increased by 15.3% and is now trading at $2.41. View the best growth stocks for 2024 here .

Are investors shorting Cronos Group?

Cronos Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,550,000 shares, a decrease of 13.8% from the March 15th total of 6,440,000 shares. Based on an average trading volume of 2,860,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.8% of the shares of the company are short sold. View Cronos Group's Short Interest .

When is Cronos Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our CRON earnings forecast .

How were Cronos Group's earnings last quarter?

Cronos Group Inc. (NASDAQ:CRON) released its quarterly earnings results on Thursday, February, 29th. The company reported ($0.05) earnings per share for the quarter. The company earned $23.92 million during the quarter, compared to the consensus estimate of $25.15 million. Cronos Group had a negative net margin of 84.15% and a negative trailing twelve-month return on equity of 3.99%.

What other stocks do shareholders of Cronos Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include Tilray (TLRY) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Dollar Tree (DLTR) , Micron Technology (MU) , Alibaba Group (BABA) and Organigram (OGI) .

Who are Cronos Group's major shareholders?

Cronos Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%) and SeaCrest Wealth Management LLC (0.02%). View institutional ownership trends .

How do I buy shares of Cronos Group?

Shares of CRON 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 .

NASDAQ:CRON

Cronos Group (CRON) Stock Price, News & Analysis

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Free CRON Stock Alerts

$2.41

-0.01 (-0.41%)

(As of 04/18/2024 ET)

Compare

Today's Range: $2.38
▼
$2.46
50-Day Range: $1.93
▼
$2.88
52-Week Range: $1.64
▼
$2.99

Volume: 3.94 million shs
Average Volume: 4.40 million shs
Market Capitalization: $920.64 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.83

Get Cronos Group alerts:

Cronos Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 17.6% Upside
$2.83 Price Target
Short Interest: Healthy
2.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.01) to $0.03 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.

1.71 out of 5 stars

Medical Sector

626th out of 918 stocks

Medicinals & Botanicals Industry

5th out of 9 stocks

2.2

Analyst's Opinion

Consensus Rating
Cronos Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Cronos Group has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.79% of the float of Cronos Group has been sold short.
Short Interest Ratio / Days to Cover
Cronos Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cronos Group has recently decreased by 13.82%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Cronos Group does not currently pay a dividend.
Dividend Growth
Cronos Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CRON.

3.3

News and Social Media Coverage

News Sentiment
Cronos Group has a news sentiment score of 0.93. 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 0.53 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Cronos Group this week, compared to 2 articles on an average week.
Search Interest
14 people have searched for CRON on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Cronos Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

0.0

Company Ownership

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
Only 1.96% of the stock of Cronos Group is held by insiders.
Percentage Held by Institutions
Only 8.71% of the stock of Cronos Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Cronos Group are expected to grow in the coming year, from ($0.01) to $0.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cronos Group is -12.68, 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 -12.68, 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
Cronos Group has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Cronos Group Stock (NASDAQ:CRON)

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.

CRON Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CRON Stock News Headlines

April 8, 2024 | marketbeat.com

Cannabis: One Stock to Play the Movement (CRON)

With talk of decriminalizing marijuana once again becoming part of the national conversation, there's one cannabis ETF that may provide the best value

April 16, 2024 | investorplace.com

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April 19, 2024 | Crypto Swap Profits (Ad)

Did You Get Your Free Bitcoin Yet?

April 13, 2024 | americanbankingnews.com

Investors Purchase High Volume of Call Options on Cronos Group (NASDAQ:CRON)

April 12, 2024 | investorplace.com

7 Penny Stocks That Could Deliver 1,000% Returns by 2029

April 10, 2024 | americanbankingnews.com

Cronos Group Target of Unusually Large Options Trading (NASDAQ:CRON)

April 9, 2024 | fool.com

Why Marijuana Stocks Got Burnt Today

April 9, 2024 | msn.com

CCH Pounder & ‘Selma’ Producer Paul Garnes To Attend First Cross Continental International Co-production Forum In Barbados

April 19, 2024 | Crypto Swap Profits (Ad)

Did You Get Your Free Bitcoin Yet?

April 9, 2024 | msn.com

4 stocks to watch on Tuesday: GE, TSM and more

April 9, 2024 | americanbankingnews.com

Cronos Group (NASDAQ:CRON) Given New $2.50 Price Target at Bank of America

April 8, 2024 | msn.com

What's behind Russian frenzy to blame Ukraine for concert attack?

April 8, 2024 | fool.com

Why Canopy Growth, Cronos, and Aurora Cannabis Stocks Popped on Monday

April 8, 2024 | markets.businessinsider.com

Cautious Outlook on Cronos Group Amid Slow Regulatory Progress in Cannabis Industry

April 4, 2024 | investorplace.com

The 3 Best Meme Stocks to Buy in April 2024

April 3, 2024 | msn.com

Why Canadian Marijuana Stocks Popped Today

April 3, 2024 | fool.com

Why Canadian Marijuana Stocks Popped Today

March 29, 2024 | investorplace.com

7 High-Potential Penny Stocks to Buy for Massive ROI

March 28, 2024 | investorplace.com

The 3 Best Cannabis Stocks to Buy in Q2 2024

March 28, 2024 | investorplace.com

The 3 Best Meme Stocks to Buy in Q2 2024

March 26, 2024 | fool.com

Why Marijuana Stocks Are Hopping Again on Tuesday

March 26, 2024 | investorplace.com

3 Cannabis Stocks That Could Be Multibaggers in the Making: March Edition

March 25, 2024 | investorplace.com

Go Contrarian: 3 Analyst ‘Sells' That Could Be Buys in Disguise

March 25, 2024 | globenewswire.com

Cronos Launches Lord Jones® Chocolate Fusions

March 22, 2024 | investorplace.com

Dear Cannabis Stocks Fans, Mark Your Calendars for April 1

March 22, 2024 | fool.com

Why Tilray, Cronos, and Canopy Growth Stocks All Popped Today

March 18, 2024 | seekingalpha.com

Cronos Group Inc. (CRON) Roth MKM 36th Annual ROTH Conference (Transcript)

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Medicinals & botanicals
Sub-Industry: N/A
Current Symbol: NASDAQ:CRON
CUSIP: N/A
CIK: 1656472
Web: www.thecronosgroup.com
Phone: (416) 504-0004
Fax: N/A
Employees: 356
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.83
High Stock Price Target: $3.00
Low Stock Price Target: $2.50
Potential Upside/Downside: +17.6%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-73,960,000.00
Net Margins: -84.15%
Pretax Margin: -84.44%
Return on Equity: -3.99%
Return on Assets: -3.87%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 22.54
Quick Ratio: 21.81

Sales & Book Value

Annual Sales: $87.24 million
Price / Sales: 10.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.87 per share
Price / Book: 0.84

Miscellaneous

Outstanding Shares: 382,010,000
Free Float: 374,524,000
Market Cap: $920.64 million
Optionable: Optionable
Beta: 1.17

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Key Executives

Mr. Michael Ryan Gorenstein J.D. (Age 37)
President, CEO & Chairman
Comp: $3.94M
Mr. James Holm (Age 41)
Chief Financial Officer
Comp: $314.31k
Mr. Jeffrey David Jacobson (Age 38)
Chief Growth Officer
Comp: $730.12k
Ms. Anna Shlimak (Age 38)
Senior Vice President of Corporate Affairs & Strategy
Comp: $530.5k
Mr. James Andrew McGinness III (Age 45)
VP, Controller & Principal Accounting Officer
Mr. Shayne J. Laidlaw
Director of Investor Relations & Strategy
Mr. Terry Gregory-Joseph Doucet (Age 34)
General Counsel & Corporate Secretary
Ms. Shannon Buggy (Age 54)
Senior VP & Global Head of People
Comp: $438.81k
Mr. Arye Weigensberg (Age 41)
Senior VP & Head of Research and Development

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CRON Stock Analysis - Frequently Asked Questions

Should I buy or sell Cronos Group stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cronos Group in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CRON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRON, but not buy additional shares or sell existing shares.
View CRON analyst ratings or view top-rated stocks.
What is Cronos Group's stock price target for 2024?: 3 Wall Street analysts have issued 12 month price targets for Cronos Group's shares. Their CRON share price targets range from $2.50 to $3.00. On average, they expect the company's stock price to reach $2.83 in the next year. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for CRON or view top-rated stocks among Wall Street analysts.
How have CRON shares performed in 2024?: Cronos Group's stock was trading at $2.09 at the beginning of 2024. Since then, CRON stock has increased by 15.3% and is now trading at $2.41.
View the best growth stocks for 2024 here.
Are investors shorting Cronos Group?: Cronos Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 5,550,000 shares, a decrease of 13.8% from the March 15th total of 6,440,000 shares. Based on an average trading volume of 2,860,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.8% of the shares of the company are short sold.
View Cronos Group's Short Interest.
When is Cronos Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CRON earnings forecast.

How were Cronos Group's earnings last quarter?: Cronos Group Inc. (NASDAQ:CRON) released its quarterly earnings results on Thursday, February, 29th. The company reported ($0.05) earnings per share for the quarter. The company earned $23.92 million during the quarter, compared to the consensus estimate of $25.15 million. Cronos Group had a negative net margin of 84.15% and a negative trailing twelve-month return on equity of 3.99%.
What other stocks do shareholders of Cronos Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cronos Group investors own include Tilray (TLRY), NVIDIA (NVDA), Advanced Micro Devices (AMD), Dollar Tree (DLTR), Micron Technology (MU), Alibaba Group (BABA) and Organigram (OGI).
Who are Cronos Group's major shareholders?: Cronos Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%) and SeaCrest Wealth Management LLC (0.02%).
View institutional ownership trends.
How do I buy shares of Cronos Group?: Shares of CRON 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.

This page (NASDAQ:CRON) was last updated on 4/19/2024 by MarketBeat.com Staff

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Cronos Group (CRON) Stock Price, News & Analysis

Cronos Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cronos Group Stock (NASDAQ:CRON)

CRON Stock Price History

CRON Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CRON Stock Analysis - Frequently Asked Questions

Overall MarketRank^™