Canopy Growth Corp

Company Profile

Canopy Growth Corp had its IPO on 2014-04-04 under the ticker symbol CGC.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Canopy Growth Corp has a staff strength of 3,151 employees.

Stock update

Shares of Canopy Growth Corp opened at $1.5 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.31 - $1.92, and closed at $1.34.

This is a -20.71% slip from the previous day's closing price.

A total volume of 194,420,823 shares were traded at the close of the day’s session.

In the last one week, shares of Canopy Growth Corp have increased by +143.64%.

Canopy Growth Corp's Key Ratios

Canopy Growth Corp has a market cap of $410.54 million, indicating a price to book ratio of 1.167 and a price to sales ratio of 2.6555.

In the last 12-months Canopy Growth Corp’s revenue was $440.96 million with a gross profit of $-81938000 and an EBITDA of $-412688992. The EBITDA ratio measures Canopy Growth Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Canopy Growth Corp’s operating margin was -114.96% while its return on assets stood at -6.79% with a return of equity of -112%.

In Q4, Canopy Growth Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 28.2%.

Canopy Growth Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-5.24 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Canopy Growth Corp’s profitability.

Canopy Growth Corp stock is trading at a EV to sales ratio of 3.425 and a EV to EBITDA ratio of -0.5888. Its price to sales ratio in the trailing 12-months stood at 2.6555.

Canopy Growth Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$3.02 billion

Total Liabilities

$678.74 million

Operating Cash Flow

$0

Capital Expenditure

$2.20 million

Dividend Payout Ratio

0%

Canopy Growth Corp ended 2023 with $3.02 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.02 billion while shareholder equity stood at $1.43 billion.

Canopy Growth Corp ended 2023 with $0 in deferred long-term liabilities, $678.74 million in other current liabilities, 7867310000.00 in common stock, $-8937603000.00 in retained earnings and $142.08 million in goodwill. Its cash balance stood at $598.13 million and cash and short-term investments were $789.25 million. The company’s total short-term debt was $455,483,000 while long-term debt stood at $750.12 million.

Canopy Growth Corp’s total current assets stands at $1.17 billion while long-term investments were $151.85 million and short-term investments were $191.12 million. Its net receivables were $104.64 million compared to accounts payable of $63.14 million and inventory worth $213.94 million.

In 2023, Canopy Growth Corp's operating cash flow was $0 while its capital expenditure stood at $2.20 million.

Comparatively, Canopy Growth Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.34

52-Week High

$4.77

52-Week Low

$0.711

Analyst Target Price

$1.52

Canopy Growth Corp stock is currently trading at $1.34 per share. It touched a 52-week high of $4.77 and a 52-week low of $4.77. Analysts tracking the stock have a 12-month average target price of $1.52.

Its 50-day moving average was $0.52 and 200-day moving average was $1.58 The short ratio stood at 5.4 indicating a short percent outstanding of 0%.

Around 3353.1% of the company’s stock are held by insiders while 1421.2% are held by institutions.