Growgeneration Corp Stock Today
| GRWG Stock | USD 2.46 0.20 8.85% |
Performance2 of 100
| Odds Of DistressLess than 35
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GrowGeneration Corp is trading at 2.46 as of the 23rd of April 2024. This is a 8.85 percent increase since the beginning of the trading day. The stock's lowest day price was 2.23. GrowGeneration Corp has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for GrowGeneration Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 11th of November 2016 | Category Consumer Cyclical | Classification Consumer Discretionary |
GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado. GrowGeneration Corp operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. The company has 61.5 M outstanding shares of which 4.36 M shares are currently shorted by private and institutional investors with about 2.89 trading days to cover. More on GrowGeneration Corp
Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
GrowGeneration Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GrowGeneration Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GrowGeneration Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CoFounder | Michael Salaman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Home Improvement Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering GrowGeneration Corp report their recommendations after researching GrowGeneration Corp's financial statements, talking to executives and customers, or listening in on GrowGeneration Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GrowGeneration Corp. The GrowGeneration consensus assessment is calculated by taking the average forecast from all of the analysts covering GrowGeneration Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of GrowGeneration Corp's profitability, liquidity, and operating efficiency, GrowGeneration Corp is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May. Financial strength of GrowGeneration Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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GrowGeneration Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GrowGeneration Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GrowGeneration Corp's financial leverage. It provides some insight into what part of GrowGeneration Corp's total assets is financed by creditors.
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GrowGeneration Corp (GRWG) is traded on NASDAQ Exchange in USA. It is located in 5619 DTC Parkway, Greenwood Village, CO, United States, 80111 and employs 372 people. GrowGeneration Corp is listed under Home Improvement Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 139 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GrowGeneration Corp's market, we take the total number of its shares issued and multiply it by GrowGeneration Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GrowGeneration Corp conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 61.5 M outstanding shares of which 4.36 M shares are currently shorted by private and institutional investors with about 2.89 trading days to cover.
GrowGeneration Corp currently holds about 65.59 M in cash with 1.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.08.
Check GrowGeneration Corp Probability Of Bankruptcy
Ownership AllocationGrowGeneration Corp secures a total of 61.5 Million outstanding shares. 30% of GrowGeneration Corp outstanding shares are owned by outside corporations. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check GrowGeneration Ownership Details
GrowGeneration Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of GrowGeneration Corp jumping above the current price in 90 days from now is about 31.46%. The GrowGeneration Corp probability density function shows the probability of GrowGeneration Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.7172. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GrowGeneration Corp will likely underperform. Additionally, growGeneration Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of GrowGeneration Corp to move above the current price in 90 days from now is about 31.46 (This GrowGeneration Corp probability density function shows the probability of GrowGeneration Stock to fall within a particular range of prices over 90 days) .
GrowGeneration Stock Institutional Holders
Institutional Holdings refers to the ownership stake in GrowGeneration Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GrowGeneration Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GrowGeneration Corp's value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 505.6 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 474.2 K | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 458 K | |
| Advisorshares Investments, Llc | 2023-12-31 | 247.2 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 230.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 221.8 K | |
| Lpl Financial Corp | 2023-12-31 | 205.8 K | |
| Axs Investments Llc | 2023-12-31 | 198.4 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 195.4 K | |
| Blackrock Inc | 2023-12-31 | 4.4 M | |
| Vanguard Group Inc | 2023-12-31 | 3 M |
GrowGeneration Corp Historical Income Statement
GrowGeneration Corp Income Statement is one of the three primary financial statements used for reporting GrowGeneration's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GrowGeneration Corp revenue and expense. GrowGeneration Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GrowGeneration Corp's Income Tax Expense is most likely to increase significantly in the upcoming years. The GrowGeneration Corp's current Depreciation And Amortization is estimated to increase to about 17.4 M, while Gross Profit is projected to decrease to roughly 35.2 M. View More FundamentalsGrowGeneration Stock Against Markets
Picking the right benchmark for GrowGeneration Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GrowGeneration Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GrowGeneration Corp is critical whether you are bullish or bearish towards GrowGeneration Corp at a given time. Please also check how GrowGeneration Corp's historical prices are related to one of the top price index indicators.
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GrowGeneration Corp Corporate Management
Elected by the shareholders, the GrowGeneration Corp's board of directors comprises two types of representatives: GrowGeneration Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GrowGeneration. The board's role is to monitor GrowGeneration Corp's management team and ensure that shareholders' interests are well served. GrowGeneration Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GrowGeneration Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rebecca Haluska | Senior Purchasing | Profile | |
| Clifton Tomasini | Vice Operations | Profile | |
| Greg Sanders | Chief Officer | Profile | |
| Son Nguyen | Chief Officer | Profile | |
| Keith Harrington | Senior Development | Profile | |
| Gregory Sanders | Chief Officer | Profile |
How to buy GrowGeneration Stock?
Before investing in GrowGeneration Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GrowGeneration Corp. To buy GrowGeneration Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of GrowGeneration Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase GrowGeneration Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located GrowGeneration Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased GrowGeneration Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GrowGeneration Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.
Already Invested in GrowGeneration Corp?
The danger of trading GrowGeneration Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GrowGeneration Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GrowGeneration Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GrowGeneration Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GrowGeneration Corp is a strong investment it is important to analyze GrowGeneration Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GrowGeneration Corp's future performance. For an informed investment choice regarding GrowGeneration Stock, refer to the following important reports: 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 tightly coupled 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running GrowGeneration Corp's price analysis, check to measure GrowGeneration Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GrowGeneration Corp is operating at the current time. Most of GrowGeneration Corp's value examination focuses on studying past and present price action to predict the probability of GrowGeneration Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GrowGeneration Corp's price. Additionally, you may evaluate how the addition of GrowGeneration Corp to your portfolios can decrease your overall portfolio volatility.
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Is GrowGeneration Corp's industry 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 (0.76) | Revenue Per Share 3.692 | Quarterly Revenue Growth (0.09) | Return On Assets (0.08) |
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.
Please note, there is a significant difference between GrowGeneration Corp's value and its price as these two are different measures arrived at by different 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.