In last trading session, Canopy Growth Corporation (NASDAQ:CGC) saw 4.78 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $1.05 trading at $0.03 or 2.94% at ring of the bell on the day assigns it a market valuation of $162.57M. That closing price of CGC’s stock is at a discount of -1320.95% from its 52-week high price of $14.92 and is indicating a premium of 16.19% from its 52-week low price of $0.88. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.29 million shares which gives us an average trading volume of 8.02 million if we extend that period to 3-months.
For Canopy Growth Corporation (CGC), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.50. Splitting up the data highlights that, out of 4 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 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.2 in the current quarter.
Canopy Growth Corporation (NASDAQ:CGC) trade information
Canopy Growth Corporation’s shares saw a change of -61.68% in year-to-date performance and have moved 0.00% in past 5-day. Canopy Growth Corporation (NASDAQ:CGC) showed a performance of -16.00% in past 30-days. Number of shares sold short was 13.99 million shares which calculate 1.82 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.02 to the stock, which implies a rise of 90.47% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 27.85116355. It follows that stock’s current price would drop -661.9% in reaching the projected high whereas dropping to the targeted low would mean a loss of -661.9% for stock’s current value.
Canopy Growth Corporation (CGC) estimates and forecasts
This year revenue growth is estimated to fall -19.71% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 71.83M for the same. And 5 analysts are in estimates of company making revenue of 71.56M in the next quarter. Company posted 83.15M and 66.21M 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 20.88% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 49.35% while estimates for its earnings growth in next 5 years are of 60.04%.
Canopy Growth Corporation (NASDAQ:CGC)’s Major holders
Insiders are in possession of 0.14% of company’s total shares while institution are holding 6.26 percent of that, with stock having share float percentage of 6.27%. Investors also watch the number of corporate investors in a company very closely, which is 6.26% institutions for Canopy Growth Corporation that are currently holding shares of the company. SUSQUEHANNA INTERNATIONAL GROUP, LLP is the top institutional holder at CGC for having 3.56 million shares of worth $22.96 million. And as of 2024-06-30, it was holding 4.4929 of the company’s outstanding shares.
The second largest institutional holder is TOROSO INVESTMENTS, LLC, which was holding about 2.15 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.7153 of outstanding shares, having a total worth of $13.88 million.
On the other hand, Amplify ETF Trust-Amplify Alternative Harvest ETF and AdvisorShares Trust-AdvisorShares Pure Cannabis ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.26 shares of worth $2.38 million or 1.43% of the total outstanding shares. The later fund manager was in possession of 91.46 shares on Feb 28, 2025 , making its stake of worth around $96035.0 in the company or a holder of 0.06% of company’s stock.