Free Trial

Canopy Growth (WEED) Competitors

C$11.59
-0.19 (-1.61%)
(As of 05/31/2024 ET)

WEED vs. MJN, CMED, EMC, OGI, ICC, LEAF, MGW, BE, BLO, and SL

Should you be buying Canopy Growth stock or one of its competitors? The main competitors of Canopy Growth include Cronos Group (MJN), CanniMed Therapeutics (CMED), Emblem (EMC), Organigram (OGI), ICC Labs (ICC), Leaf Mobile (LEAF), Maple Leaf Green World (MGW), Beleave (BE), Cannabix Technologies (BLO), and Supreme Cannabis Company Inc, (SL). These companies are all part of the "cannabis" industry.

Canopy Growth vs.

Canopy Growth (TSE:WEED) and Cronos Group (CVE:MJN) are both small-cap medical companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, dividends, risk, valuation, earnings, community ranking and institutional ownership.

Canopy Growth presently has a consensus target price of C$3.78, indicating a potential downside of 67.36%. Given Canopy Growth's higher probable upside, equities analysts plainly believe Canopy Growth is more favorable than Cronos Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Cronos Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Canopy Growth received 506 more outperform votes than Cronos Group when rated by MarketBeat users. However, 68.02% of users gave Cronos Group an outperform vote while only 62.38% of users gave Canopy Growth an outperform vote.

CompanyUnderperformOutperform
Canopy GrowthOutperform Votes
640
62.38%
Underperform Votes
386
37.62%
Cronos GroupOutperform Votes
134
68.02%
Underperform Votes
63
31.98%

Cronos Group's return on equity of 0.00% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy GrowthN/A -121.56% -8.89%
Cronos Group N/A N/A N/A

In the previous week, Canopy Growth had 9 more articles in the media than Cronos Group. MarketBeat recorded 9 mentions for Canopy Growth and 0 mentions for Cronos Group. Canopy Growth's average media sentiment score of 0.56 beat Cronos Group's score of 0.00 indicating that Canopy Growth is being referred to more favorably in the media.

Company Overall Sentiment
Canopy Growth Positive
Cronos Group Neutral

Cronos Group has lower revenue, but higher earnings than Canopy Growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy GrowthC$362.24M2.40-C$1.18B-C$21.30-0.54
Cronos GroupN/AN/AN/AN/AN/A

14.0% of Canopy Growth shares are held by institutional investors. 0.3% of Canopy Growth shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Canopy Growth beats Cronos Group on 7 of the 10 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WEED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

WEED vs. The Competition

MetricCanopy GrowthDrug Manufacturers IndustryMedical SectorTSE Exchange
Market CapC$869.83MC$1.19BC$5.07BC$5.43B
Dividend Yield4.80%3.07%2.75%5.57%
P/E Ratio-0.54545.28115.7420.78
Price / Sales2.409,249.212,378.332,535.27
Price / Cash1.6310.4334.8479.97
Price / Book1.768.195.523.54
Net Income-C$1.18BC$159.95MC$105.88MC$286.85M
7 Day Performance-7.43%0.09%1.08%-0.17%
1 Month Performance-26.46%-1.15%1.38%2.81%
1 Year Performance916.67%37.06%3.99%30.54%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MJN
Cronos Group
0 of 5 stars
C$12.15
-1.9%
N/A+0.0%C$1.73BN/A0.00147,000
CMED
CanniMed Therapeutics
0 of 5 stars
N/AN/AN/AC$668.44MN/A0.00147,000
EMC
Emblem
0 of 5 stars
$1.88
+1.6%
N/A+0.0%$245.45M$5.71M-9.89N/A
OGI
Organigram
2.9418 of 5 stars
C$2.33
-0.9%
C$3.76
+61.3%
+358.8%C$239.99MC$149.21M-0.93984
ICC
ICC Labs
0 of 5 stars
C$1.62
-5.8%
N/A+0.0%C$223.64MC$533,684.0095.29N/AGap Up
LEAF
Leaf Mobile
0 of 5 stars
N/AN/AN/AC$198.42MC$83.74M58.86150
MGW
Maple Leaf Green World
0 of 5 stars
C$0.79
+777.8%
N/A+0.0%C$111.69MN/A0.00N/AUpcoming Earnings
Gap Up
BE
Beleave
0 of 5 stars
N/AN/AN/A$0.00N/A0.00N/AHigh Trading Volume
BLO
Cannabix Technologies
0 of 5 stars
N/AN/AN/AC$0.00N/A0.00N/AGap Down
SL
Supreme Cannabis Company Inc,
0 of 5 stars
N/AN/AN/AC$0.00N/A0.00N/AGap Down
High Trading Volume

Related Companies and Tools

This page (TSE:WEED) was last updated on 6/1/2024 by MarketBeat.com Staff

From Our Partners