Canopy Growth Co. (NASDAQ:CGC – Free Report) – Stock analysts at Roth Capital reduced their FY2025 EPS estimates for Canopy Growth in a research note issued on Wednesday, May 28th. Roth Capital analyst W. Kirk now anticipates that the company will post earnings per share of ($1.96) for the year, down from their previous forecast of ($1.89). The consensus estimate for Canopy Growth’s current full-year earnings is ($2.81) per share. Roth Capital also issued estimates for Canopy Growth’s Q4 2025 earnings at ($0.12) EPS.
Separately, Piper Sandler reaffirmed an “underweight” rating on shares of Canopy Growth in a research note on Friday.
Canopy Growth Price Performance
CGC stock opened at $1.21 on Monday. Canopy Growth has a 12 month low of $0.77 and a 12 month high of $8.65. The company has a current ratio of 3.52, a quick ratio of 2.58 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average price of $1.29 and a 200 day moving average price of $1.98. The stock has a market cap of $222.48 million, a PE ratio of -0.32 and a beta of 0.79.
Canopy Growth (NASDAQ:CGC – Get Free Report) last issued its quarterly earnings data on Friday, May 30th. The company reported ($0.94) EPS for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.66). Canopy Growth had a negative return on equity of 56.52% and a negative net margin of 156.98%. The business had revenue of $45.30 million during the quarter, compared to analysts’ expectations of $71.84 million.
Institutional Investors Weigh In On Canopy Growth
Several large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings in shares of Canopy Growth by 222.9% in the 4th quarter. Jones Financial Companies Lllp now owns 9,315 shares of the company’s stock valued at $26,000 after purchasing an additional 6,430 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in Canopy Growth during the 4th quarter valued at approximately $38,000. Dimensional Fund Advisors LP acquired a new position in Canopy Growth during the 4th quarter valued at approximately $41,000. Mackenzie Financial Corp increased its stake in shares of Canopy Growth by 56.5% in the first quarter. Mackenzie Financial Corp now owns 50,413 shares of the company’s stock worth $47,000 after acquiring an additional 18,202 shares during the period. Finally, Concurrent Investment Advisors LLC increased its stake in shares of Canopy Growth by 26.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 24,644 shares of the company’s stock worth $68,000 after acquiring an additional 5,172 shares during the period. 3.33% of the stock is owned by hedge funds and other institutional investors.
Canopy Growth Company Profile
Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments.
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