Canopy Growth Corp Stock Buy Hold or Sell Recommendation
| CGC Stock | USD 1.10 0.05 4.76% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Canopy Growth Corp is 'Strong Sell'. Macroaxis provides Canopy Growth buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CGC positions.
Check out Canopy Growth Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Canopy and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Canopy |
Execute Canopy Growth Buy or Sell Advice
The Canopy recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canopy Growth Corp. Macroaxis does not own or have any residual interests in Canopy Growth Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canopy Growth's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Canopy Growth Trading Alerts and Improvement Suggestions
| Canopy Growth Corp generated a negative expected return over the last 90 days | |
| Canopy Growth Corp has high historical volatility and very poor performance | |
| Canopy Growth Corp may become a speculative penny stock | |
| Canopy Growth Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 297.15 M. Reported Net Loss for the year was (483.68 M) with profit before taxes, overhead, and interest of 84.14 M. | |
| Canopy Growth Corp has about 1.23 B in cash with (281.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
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Canopy Growth Returns Distribution Density
The distribution of Canopy Growth's historical returns is an attempt to chart the uncertainty of Canopy Growth's future price movements. The chart of the probability distribution of Canopy Growth daily returns describes the distribution of returns around its average expected value. We use Canopy Growth Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canopy Growth returns is essential to provide solid investment advice for Canopy Growth.
| Mean Return | -1.6 | Value At Risk | -8.12 | Potential Upside | 5.11 | Standard Deviation | 5.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canopy Growth historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canopy Stock Institutional Investors
| Shares | Wealthfront Advisers Llc | 2024-12-31 | 139.2 K | Squarepoint Ops Llc | 2024-12-31 | 138.2 K | Centiva Capital Lp | 2024-12-31 | 124.2 K | Ameriprise Financial Inc | 2024-12-31 | 114.5 K | Alberta Investment Management Corp | 2024-12-31 | 96.5 K | Advisorshares Investments, Llc | 2024-12-31 | 91.5 K | Baader Bank Inc | 2024-12-31 | 77.5 K | Td Asset Management Inc | 2024-12-31 | 76.5 K | Engineers Gate Manager Lp | 2024-12-31 | 76.4 K | Tidal Investments Llc. | 2024-12-31 | 2.3 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 952.4 K |
Canopy Growth Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (1.2B) | (148.5M) | (378.6M) | (99.0M) | (506.7M) | 3.5M | |
| Free Cash Flow | (639.9M) | (593.9M) | (568.1M) | (285.9M) | (257.4M) | (270.2M) | |
| Capital Expenditures | 721.9M | 174.1M | 48.1M | 10.6M | 4.0M | 10.7M | |
| Net Income | (1.4B) | (1.7B) | (320.5M) | (3.3B) | (483.7M) | (9.4M) | |
| End Period Cash Flow | 1.3B | 1.2B | 776.0M | 677.0M | 170.3M | 2.0M | |
| Other Non Cash Items | 1.0B | (543.9M) | 2.6B | 118.1M | 135.8M | 129.0M | |
| Depreciation | 125.0M | 127.1M | 114.4M | 84.5M | 53.2M | 344.8K | |
| Change To Inventory | (177.1M) | 17.2M | 173.2M | 55.6M | 1.0M | (3.4M) | |
| Investments | (2.2B) | 1.3B | (497.6M) | 166.6M | 433.4M | 241.6M | |
| Net Borrowings | 595.3M | (100.2M) | 877.5M | (50.8M) | 2.1M | 2.0M | |
| Change To Netincome | 384.9M | 627.5M | 1.2B | (523.6M) | 3.7M | 3.5M |
Canopy Growth Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canopy Growth or Pharmaceuticals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canopy Growth's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canopy stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.4 | |
β | Beta against Dow Jones | 1.93 | |
σ | Overall volatility | 6.10 | |
Ir | Information ratio | -0.25 |
Canopy Growth Volatility Alert
Canopy Growth Corp exhibits very low volatility with skewness of -0.26 and kurtosis of 8.07. Canopy Growth Corp is a potential penny stock. Although Canopy Growth may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Canopy Growth Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Canopy instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Canopy Growth Fundamentals Vs Peers
Comparing Canopy Growth's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canopy Growth's direct or indirect competition across all of the common fundamentals between Canopy Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canopy Growth or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canopy Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canopy Growth by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canopy Growth to competition |
| Fundamentals | Canopy Growth | Peer Average |
| Return On Equity | -0.84 | -0.31 |
| Return On Asset | -0.0463 | -0.14 |
| Profit Margin | (1.70) % | (1.27) % |
| Operating Margin | (0.26) % | (5.51) % |
| Current Valuation | 387.49 M | 16.62 B |
| Shares Outstanding | 156.2 M | 571.82 M |
| Shares Owned By Insiders | 0.14 % | 10.09 % |
| Shares Owned By Institutions | 6.26 % | 39.21 % |
| Number Of Shares Shorted | 14.84 M | 4.71 M |
| Price To Earning | (20.08) X | 28.72 X |
| Price To Book | 0.42 X | 9.51 X |
| Price To Sales | 0.74 X | 11.42 X |
| Revenue | 297.15 M | 9.43 B |
| Gross Profit | 84.14 M | 27.38 B |
| EBITDA | (312.83 M) | 3.9 B |
| Net Income | (483.68 M) | 570.98 M |
| Cash And Equivalents | 1.23 B | 2.7 B |
| Cash Per Share | 2.94 X | 5.01 X |
| Total Debt | 668 M | 5.32 B |
| Debt To Equity | 0.95 % | 48.70 % |
| Current Ratio | 3.94 X | 2.16 X |
| Book Value Per Share | 4.58 X | 1.93 K |
| Cash Flow From Operations | (281.95 M) | 971.22 M |
| Short Ratio | 1.36 X | 4.00 X |
| Earnings Per Share | (3.51) X | 3.12 X |
| Price To Earnings To Growth | (0.11) X | 4.89 X |
| Target Price | 2.75 | |
| Number Of Employees | 1.03 K | 18.84 K |
| Beta | 1.73 | -0.15 |
| Market Capitalization | 203.62 M | 19.03 B |
| Total Asset | 1.3 B | 29.47 B |
| Retained Earnings | (10.33 B) | 9.33 B |
| Working Capital | 136.47 M | 1.48 B |
Note: Acquisition by Luc Mongeau of 50000 shares of Canopy Growth subject to Rule 16b-3 [view details]
Canopy Growth Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canopy . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Canopy Growth Buy or Sell Advice
When is the right time to buy or sell Canopy Growth Corp? Buying financial instruments such as Canopy Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Canopy Growth Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canopy Growth. If investors know Canopy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canopy Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.51) | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets | Return On Equity |
The market value of Canopy Growth Corp is measured differently than its book value, which is the value of Canopy that is recorded on the company's balance sheet. Investors also form their own opinion of Canopy Growth's value that differs from its market value or its book value, called intrinsic value, which is Canopy Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canopy Growth's market value can be influenced by many factors that don't directly affect Canopy Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canopy Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canopy Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canopy Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.