NASDAQ:CRON

Cronos Group (CRON) Stock Price, News & Analysis

$2.68
+0.02 (+0.75%)
(As of 05/3/2024 ET)
Today's Range
$2.64
$2.77
50-Day Range
$1.93
$2.94
52-Week Range
$1.64
$2.99
Volume
2.53 million shs
Average Volume
3.05 million shs
Market Capitalization
$1.02 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.83

Cronos Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
5.7% Upside
$2.83 Price Target
Short Interest
Healthy
2.83% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of Cronos Group in the last 14 days
Based on 9 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.

0.31 out of 5 stars

Medical Sector

5221st out of 5,430 stocks

Medicinals & Botanicals Industry

49th out of 60 stocks

CRON stock logo

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

CRON Stock News Headlines

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Cronos Group (CRON) to Release Earnings on Thursday
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See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
5/04/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medicinals & botanicals
Sub-Industry
N/A
Current Symbol
NASDAQ:CRON
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
+5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-73,960,000.00
Pretax Margin
-84.44%

Debt

Sales & Book Value

Annual Sales
$87.24 million
Book Value
$2.87 per share

Miscellaneous

Free Float
374,524,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
1.11
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CRON Stock Analysis - Frequently Asked Questions

Should I buy or sell Cronos Group stock right now?

3 Wall Street 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 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 analysts have issued 12 month price objectives for Cronos Group's shares. Their CRON share price targets range from $2.50 to $3.00. On average, they anticipate the company's share price to reach $2.83 in the next year. This suggests a possible upside of 5.7% 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 the year. Since then, CRON stock has increased by 28.2% and is now trading at $2.68.
View the best growth stocks for 2024 here
.

Are investors shorting Cronos Group?

Cronos Group saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 5,550,000 shares, a drop of 13.8% from the March 15th total of 6,440,000 shares. Based on an average daily volume of 2,860,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.8% of the company's stock 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 Thursday, May 9th 2024.
View our CRON earnings forecast
.

How can I listen to Cronos Group's earnings call?

Cronos Group will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Cronos Group's earnings last quarter?

Cronos Group Inc. (NASDAQ:CRON) posted its earnings results on Thursday, February, 29th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm earned $23.92 million during the quarter, compared to analyst estimates 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 retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.26%), IMC Chicago LLC (0.00%), Janney Montgomery Scott LLC (0.08%), SeaCrest Wealth Management LLC (0.02%), Madrona Financial Services LLC (0.01%) and Revisor Wealth Management LLC (0.01%).
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 5/4/2024 by MarketBeat.com Staff

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