Hexo Corp Stock Analysis

HEXO -  USA Stock  

USD 3.95  0.01  0.25%

The big decline in price over the last few months for Hexo Corpmay raise some interest from institutional investors. The stock closed today at a share price of 3.95 on 2,292,624 in trading volume. The company management teams failed to add value to investors and positioning the firm supply of money to exploit market volatility in July. However, diversifying your holdings with Hexo Corp or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.61. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Hexo Corp partners.
Please check Risk vs Return Analysis.

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The Hexo Corp stock analysis report makes it easy to digest most publicly released information about Hexo Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Hexo Corp Stock analysis module also helps to analyze the Hexo Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Hexo Corp Stock Analysis Notes

About 18.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.93. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hexo Corp recorded a loss per share of 1.46. The entity had not issued any dividends in recent years. The firm had 1-4 split on the 23rd of December 2020. HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. HEXO Corp. was founded in 2013 and is headquartered in Kanata, Canada. Hexo Corp operates under Drug Manufacturers - Specialty Generic classification in the United States and is traded on New York Stock Exchange. To learn more about Hexo Corp call Sebastien StLouis at 866 438 8429 or check out http://www.hexocorp.com.

Hexo Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Hexo Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Hexo Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Hexo Corp generates negative expected return over the last 90 days
Hexo Corp has high historical volatility and very poor performance
Hexo Corp was previously known as HEXO Corp and was traded on New York Stock Exchange under the symbol HYYDF.
The company reported the previous year's revenue of 112.15 M. Net Loss for the year was (214.33 M) with loss before overhead, payroll, taxes, and interest of (57.98 M).
Hexo Corp currently holds about 81.04 M in cash with (17.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.54.
Hexo Corp has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Why Cannabis Giant Tilray Skyrocketed Today - Yahoo Finance

Hexo Corp Upcoming and Recent Events

Earnings reports are used by Hexo Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hexo Corp 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.
Upcoming Quarterly Report4th of November 2021
Next Earnings Report13th of December 2021
Next Fiscal Quarter End31st of July 2021
Next Fiscal Year End4th of November 2021
Last Quarter Report30th of April 2021
Last Earning Announcement31st of July 2020

Hexo Corp Largest EPS Surprises

Earnings surprises can significantly impact Hexo 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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-10-26
2018-07-31-0.0507-0.04120.009518 
2018-06-27
2018-04-30-0.078-0.0620.01620 
2017-06-28
2017-04-30-0.06-0.03920.020834 
View All Earnings Estimates

Hexo Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Hexo Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Hexo Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Hexo Corp specific information freely available to individual and institutional investors to make a timely investment decision.
20th of July 2021
Other Events
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14th of July 2021
Other Events
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28th of June 2021
Other Events
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14th of June 2021
Other Events
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9th of June 2021
Other Events
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8th of June 2021
Other Events
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7th of June 2021
Other Events
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4th of June 2021
Other Events. Unclassified Corporate Event
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Hexo Corp Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hexo Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hexo Corp backward and forwards among themselves. Hexo Corp's institutional investor refers to the entity that pools money to purchase Hexo 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.
Security TypeSharesValue
Advisor Group Holdings IncCommon Shares89.8 K522 K
Ae Wealth Management LlcCommon Shares74.7 K433 K
Cutler Group LpPut Options56.9 K333 K
Cutler Group LpCall Options682.1 K267 K
Harel Insurance Investments Financial Services LtdCommon Shares12 K227 K
Clear Street Markets LlcCommon Shares26.5 K154 K
Gwm Advisors LlcCommon Shares23 K134 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares12.2 K71 K
North Star Investment Management CorpCommon Shares8.7 K50 K
Note, although Hexo Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hexo Corp Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 596.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hexo Corp's market, we take the total number of its shares issued and multiply it by Hexo 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 these looking for more risk prefer small-cap and mid-cap equities.

Hexo Corp Profitablity

Hexo Corp's profitability indicators refer to fundamental financial ratios that showcase Hexo Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Hexo Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hexo Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hexo Corp's profitability requires more research than a typical breakdown of Hexo Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (191.1) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (68.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.68.
Last ReportedProjected for 2021
Return on Average Assets(0.63) (0.68) 
Return on Average Equity(0.73) (0.79) 
Return on Invested Capital(0.95) (1.02) 
Return on Sales(6.04) (6.52) 

Management Efficiency

The entity has return on total asset (ROA) of (7.06) % which means that it has lost $7.06 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (39.73) %, meaning that it created substantial loss on money invested by shareholders. Hexo Corp management efficiency ratios could be used to measure how well hexo corp manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return on Average Assets is estimated to slide to -0.68. The value of Return on Average Equity is estimated to slide to -0.79. Hexo Corp Current Assets are quite stable at the moment as compared to the past year. The company's current value of Current Assets is estimated at 357.65 Million. Goodwill and Intangible Assets is expected to rise to about 18.9 M this year, although the value of Total Assets will most likely fall to about 787.3 M.
Last ReportedProjected for 2021
Book Value per Share 6.44  7.82 
Enterprise Value over EBIT(14.40) (15.54) 
Enterprise Value over EBITDA(0.27) (0.29) 
Price to Book Value 0.38  0.39 
Tangible Assets Book Value per Share 7.87  8.44 
Enterprise Value85.7 M87.9 M
Tangible Asset Value778.4 M727.6 M

Technical Drivers

As of the 3rd of August, Hexo Corp retains the risk adjusted performance of (0.13), and Market Risk Adjusted Performance of (0.74). Hexo 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Hexo Corp, which can be compared to its competitors. Please check out Hexo Corp jensen alpha and downside variance to decide if Hexo Corp is priced fairly, providing market reflects its last-minute price of 3.95 per share. Given that Hexo Corp has jensen alpha of (0.62), we strongly advise you to confirm Hexo Corp's regular market performance to make sure the company can sustain itself at a future point.

Hexo Corp Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

Hexo Corp Predictive Daily Indicators

Hexo 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 Hexo 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.

Hexo Corp Forecast Models

Hexo Corp time-series forecasting models is one of many Hexo Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hexo Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Hexo Corp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hexo Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hexo Corp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Hexo Corp. By using and applying Hexo Corp Stock analysis, traders can create a robust methodology for identifying Hexo Corp entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin(6.04) (6.52) 
Gross Margin(0.65) (0.66) 
Profit Margin(6.09) (6.57) 
HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. HEXO Corp. was founded in 2013 and is headquartered in Kanata, Canada. Hexo Corp operates under Drug Manufacturers - Specialty Generic classification in the United States and is traded on New York Stock Exchange.

Current Hexo Corp Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hexo Corp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hexo Corp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
6.88Hold6Odds
Hexo Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hexo Corp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hexo Corp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hexo Corp, talking to its executives and customers, or listening to Hexo Corp conference calls.
Hexo Corp Analyst Advice Details

Hexo Corp Stock Analysis Indicators

Hexo Corp stock analysis indicators help investors evaluate how Hexo Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hexo Corp shares will generate the highest return on investment. By understating and applying Hexo Corp stock analysis, traders can identify Hexo Corp position entry and exit signals to maximize returns.
Quick Ratio1.58
Fifty Two Week Low2.3200
Revenue Growth2.40%
Shares Short Prior Month10.89M
Average Daily Volume Last 10 Day3.98M
Average Daily Volume In Three Month3.83M
Shares Percent Shares Out5.92%
Gross Margins9.72%
Float Shares143.62M
Fifty Two Week High11.0400
Enterprise Value To Ebitda-11.68
Fifty Day Average5.1641
Two Hundred Day Average6.3900
Enterprise Value To Revenue7.51
Please check Risk vs Return Analysis. Note that the Hexo Corp information on this page should be used as a complementary analysis to other Hexo Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Hexo Corp price analysis, check to measure Hexo 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 Hexo Corp is operating at the current time. Most of Hexo Corp's value examination focuses on studying past and present price action to predict the probability of Hexo Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hexo Corp's price. Additionally, you may evaluate how the addition of Hexo Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Hexo Corp is measured differently than its book value, which is the value of Hexo Corp that is recorded on the company's balance sheet. Investors also form their own opinion of Hexo Corp's value that differs from its market value or its book value, called intrinsic value, which is Hexo 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 Hexo Corp's market value can be influenced by many factors that don't directly affect Hexo Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hexo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Hexo Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hexo 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.