In last trading session, GrowGeneration Corp (NASDAQ:GRWG) saw 0.71 million shares changing hands with its beta currently measuring 3.10. Company’s recent per share price level of $1.60 trading at -$0.07 or -4.19% at ring of the bell on the day assigns it a market valuation of $94.79M. That closing price of GRWG’s stock is at a discount of -111.25% from its 52-week high price of $3.38 and is indicating a premium of 6.88% from its 52-week low price of $1.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.74 million shares which gives us an average trading volume of 649.89K if we extend that period to 3-months.
For GrowGeneration Corp (GRWG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
GrowGeneration Corp (NASDAQ:GRWG) trade information
Upright in the red during last session for losing -4.19%, in the last five days GRWG remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $1.60 price level, adding 14.44% to its value on the day. GrowGeneration Corp’s shares saw a change of -5.33% in year-to-date performance and have moved -8.57% in past 5-day. GrowGeneration Corp (NASDAQ:GRWG) showed a performance of -15.79% in past 30-days. Number of shares sold short was 3.51 million shares which calculate 5.0 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 60.0% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -150.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -150.0% for stock’s current value.
GrowGeneration Corp (GRWG) estimates and forecasts
Statistics highlight that GrowGeneration Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -31.91% of value to its shares in past 6 months, showing an annual growth rate of -18.00% while that of industry is -9.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -14.46% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 42.37M for the same. And 3 analysts are in estimates of company making revenue of 43.12M in the next quarter. Company posted 49.45M and 47.89M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -28.61% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 20.43% while estimates for its earnings growth in next 5 years are of 20.00%.
GrowGeneration Corp (NASDAQ:GRWG)’s Major holders
Insiders are in possession of 7.72% of company’s total shares while institution are holding 42.45 percent of that, with stock having share float percentage of 46.00%. Investors also watch the number of corporate investors in a company very closely, which is 42.45% institutions for GrowGeneration Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at GRWG for having 4.24 million shares of worth $9.12 million. And as of 2024-06-30, it was holding 6.9003 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.9623 of outstanding shares, having a total worth of $6.56 million.
On the other hand, Vanguard Total Stock Market Index Fund and Amplify ETF Tr-Amplify Alternative Harvest ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.76 shares of worth $2.81 million or 4.79% of the total outstanding shares. The later fund manager was in possession of 1.48 shares on Sep 30, 2024 , making its stake of worth around $2.38 million in the company or a holder of 4.05% of company’s stock.
