Is GrowGeneration Corp Stock a Good Investment?
GrowGeneration Corp Investment Advice | GRWG |
- Examine GrowGeneration Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research GrowGeneration Corp's leadership team and their track record. Good management can help GrowGeneration Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Home Improvement Retail space and any emerging trends that could impact GrowGeneration Corp's business and its evolving consumer preferences.
- Compare GrowGeneration Corp's performance and market position to its competitors. Analyze how GrowGeneration Corp is positioned in terms of product offerings, innovation, and market share.
- Check if GrowGeneration Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about GrowGeneration Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in GrowGeneration Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if GrowGeneration Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine GrowGeneration Corp Stock
Researching GrowGeneration Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 43.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.63. Some equities with similar Price to Book (P/B) outperform the market in the long run. GrowGeneration Corp recorded a loss per share of 0.82. The entity had not issued any dividends in recent years.
To determine if GrowGeneration Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding GrowGeneration Corp's research are outlined below:
| GrowGeneration Corp generated a negative expected return over the last 90 days | |
| GrowGeneration Corp may become a speculative penny stock | |
| GrowGeneration Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 188.87 M. Net Loss for the year was (49.51 M) with profit before overhead, payroll, taxes, and interest of 44.77 M. | |
| GrowGeneration Corp currently holds about 65.59 M in cash with (1.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.08. | |
| Latest headline from thelincolnianonline.com: GrowGeneration Corp. Short Interest Update |
GrowGeneration Corp Quarterly Good Will |
|
GrowGeneration Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in GrowGeneration Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to GrowGeneration Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact GrowGeneration Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises GrowGeneration Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-08 | 2023-06-30 | -0.08 | -0.09 | -0.01 | 12 | ||
2022-05-10 | 2022-03-31 | -0.08 | -0.09 | -0.01 | 12 | ||
2020-08-13 | 2020-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2019-08-08 | 2019-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2018-11-09 | 2018-09-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2024-08-08 | 2024-06-30 | -0.08 | -0.1 | -0.02 | 25 | ||
2022-03-01 | 2021-12-31 | -0.09 | -0.07 | 0.02 | 22 | ||
2021-11-11 | 2021-09-30 | 0.09 | 0.07 | -0.02 | 22 |
Know GrowGeneration Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as GrowGeneration Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading GrowGeneration Corp backward and forwards among themselves. GrowGeneration Corp's institutional investor refers to the entity that pools money to purchase GrowGeneration Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Penserra Capital Management, Llc | 2024-12-31 | 484.4 K | Charles Schwab Investment Management Inc | 2024-12-31 | 466.2 K | Northern Trust Corp | 2024-12-31 | 463.1 K | Monaco Asset Management | 2024-12-31 | 463 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-12-31 | 379.3 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 271.3 K | Renaissance Technologies Corp | 2024-12-31 | 255.1 K | Nuveen Asset Management, Llc | 2024-12-31 | 230.5 K | Lpl Financial Corp | 2024-12-31 | 220.8 K | Blackrock Inc | 2024-12-31 | 4.4 M | Vanguard Group Inc | 2024-12-31 | 3.1 M |
GrowGeneration Corp's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 76.11 M.Market Cap |
|
GrowGeneration Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.30) | (0.32) | |
| Return On Capital Employed | (0.35) | (0.33) | |
| Return On Assets | (0.28) | (0.30) | |
| Return On Equity | (0.41) | (0.43) |
Determining GrowGeneration Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if GrowGeneration Corp is a good buy. For example, gross profit margin measures GrowGeneration Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of GrowGeneration Corp's profitability and make more informed investment decisions.
Evaluate GrowGeneration Corp's management efficiency
GrowGeneration Corp has return on total asset (ROA) of (0.114) % which means that it has lost $0.114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3374) %, meaning that it created substantial loss on money invested by shareholders. GrowGeneration Corp's management efficiency ratios could be used to measure how well GrowGeneration Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.32. The GrowGeneration Corp's current Return On Capital Employed is estimated to increase to -0.33. At this time, GrowGeneration Corp's Intangible Assets are most likely to increase significantly in the upcoming years. The GrowGeneration Corp's current Debt To Assets is estimated to increase to 0.22, while Other Assets are projected to decrease to roughly 877.3 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.00 | 1.89 | |
| Tangible Book Value Per Share | 1.82 | 1.37 | |
| Enterprise Value Over EBITDA | (3.67) | (3.86) | |
| Price Book Value Ratio | 0.85 | 0.80 | |
| Enterprise Value Multiple | (3.67) | (3.86) | |
| Price Fair Value | 0.85 | 0.80 | |
| Enterprise Value | 1.4 B | 1.5 B |
Effective management at GrowGeneration Corp has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Beta 3.383 |
Basic technical analysis of GrowGeneration Stock
As of the 25th of March, GrowGeneration Corp retains the Market Risk Adjusted Performance of (0.35), standard deviation of 3.93, and Risk Adjusted Performance of (0.08). GrowGeneration Corp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out GrowGeneration Corp information ratio and skewness to decide if GrowGeneration Corp is priced fairly, providing market reflects its last-minute price of 1.28 per share. Given that GrowGeneration Corp is a hitting penny stock territory we urge to closely look at its jensen alpha.GrowGeneration Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific GrowGeneration Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on GrowGeneration Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases GrowGeneration Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
GrowGeneration Corp's Outstanding Corporate Bonds
GrowGeneration Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. GrowGeneration Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most GrowGeneration bonds can be classified according to their maturity, which is the date when GrowGeneration Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand GrowGeneration Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing GrowGeneration Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 2.94 | |||
| Coefficient Of Variation | (1,082) | |||
| Standard Deviation | 3.93 | |||
| Variance | 15.42 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 22.05 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 6.96 | |||
| Skewness | 0.7258 | |||
| Kurtosis | 1.65 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 2.94 | |||
| Coefficient Of Variation | (1,082) | |||
| Standard Deviation | 3.93 | |||
| Variance | 15.42 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 22.05 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 6.96 | |||
| Skewness | 0.7258 | |||
| Kurtosis | 1.65 |
Consider GrowGeneration Corp's intraday indicators
GrowGeneration Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GrowGeneration Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 46366.27 | |||
| Daily Balance Of Power | 0.1111 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 1.25 | |||
| Day Typical Price | 1.26 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.01 |
GrowGeneration Stock media impact
Far too much social signal, news, headlines, and media speculation about GrowGeneration Corp that are available to investors today. That information is available publicly through GrowGeneration media outlets and privately through word of mouth or via GrowGeneration internal channels. However, regardless of the origin, that massive amount of GrowGeneration data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of GrowGeneration Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of GrowGeneration Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to GrowGeneration Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive GrowGeneration Corp alpha.
GrowGeneration Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards GrowGeneration Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
GrowGeneration Corp Corporate Management
| Clifton Tomasini | Vice Operations | Profile | |
| Greg Sanders | Chief Officer | Profile | |
| Gregory Sanders | Chief Officer | Profile | |
| Sean Reardon | Commercial East | Profile | |
| Darren Lampert | CEO CoFounder | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration 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 housing. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Home Improvement Retail 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 GrowGeneration Corp. If investors know GrowGeneration 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 GrowGeneration Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Earnings Share (0.82) | Revenue Per Share | Quarterly Revenue Growth (0.24) | Return On Assets |
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp'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 GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between GrowGeneration Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp'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.