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Canopy Growth TSX:WEED Stock Report

Last Price

CA$8.87

Market Cap

CA$672.8m

7D

2.7%

1Y

73.9%

Updated

12 Jul, 2024

Data

Company Financials +

Canopy Growth Corporation

TSX:WEED Stock Report

Market Cap: CA$672.8m

WEED Stock Overview

Engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally.

WEED fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Canopy Growth Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Canopy Growth
Historical stock prices
Current Share PriceCA$8.87
52 Week HighCA$26.00
52 Week LowCA$3.74
Beta1.77
11 Month Change-14.96%
3 Month Change-17.10%
1 Year Change73.92%
33 Year Change-96.41%
5 Year Change-98.09%
Change since IPO-65.75%

Recent News & Updates

Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Jun 15
Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Recent updates

Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Jun 15
Some Confidence Is Lacking In Canopy Growth Corporation (TSE:WEED) As Shares Slide 26%

Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up

Apr 20
Canopy Growth Corporation's (TSE:WEED) 77% Share Price Surge Not Quite Adding Up

More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%

Feb 23
More Unpleasant Surprises Could Be In Store For Canopy Growth Corporation's (TSE:WEED) Shares After Tumbling 28%

Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Feb 13
Analysts Have Been Trimming Their Canopy Growth Corporation (TSE:WEED) Price Target After Its Latest Report

Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge

Dec 22
Why We're Not Concerned Yet About Canopy Growth Corporation's (TSE:WEED) 42% Share Price Plunge

Is Canopy Growth (TSE:WEED) A Risky Investment?

Sep 17
Is Canopy Growth (TSE:WEED) A Risky Investment?

With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For

Apr 17
With A 31% Price Drop For Canopy Growth Corporation (TSE:WEED) You'll Still Get What You Pay For

Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Mar 21
Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Earnings Update: Canopy Growth Corporation (TSE:WEED) Just Reported And Analysts Are Trimming Their Forecasts

Feb 12
Earnings Update: Canopy Growth Corporation (TSE:WEED) Just Reported And Analysts Are Trimming Their Forecasts

Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Dec 08
Is Canopy Growth (TSE:WEED) Using Too Much Debt?

Shareholder Returns

WEEDCA PharmaceuticalsCA Market
7D2.7%4.8%2.7%
1Y73.9%27.4%11.8%

Return vs Industry: WEED exceeded the Canadian Pharmaceuticals industry which returned 27.4% over the past year.

Return vs Market: WEED exceeded the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is WEED's price volatile compared to industry and market?
WEED volatility
WEED Average Weekly Movement26.5%
Pharmaceuticals Industry Average Movement12.8%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.1%

Stable Share Price: WEED's share price has been volatile over the past 3 months.

Volatility Over Time: WEED's weekly volatility (26%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
20091,029David Kleinwww.canopygrowth.com

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in the United States, Canada, Germany, and internationally. It operates through Canada Cannabis, International Markets Cannabis, and Storz & Bickel segments. The company offers dried flower, pre-rolled joints, oils, softgel capsules, infused beverages, edibles comprising gummies, and topical formats, as well as vaporizer devices.

Canopy Growth Corporation Fundamentals Summary

How do Canopy Growth's earnings and revenue compare to its market cap?
WEED fundamental statistics
Market capCA$672.82m
Earnings (TTM)-CA$483.68m
Revenue (TTM)CA$297.15m

2.3x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEED income statement (TTM)
RevenueCA$297.15m
Cost of RevenueCA$217.25m
Gross ProfitCA$79.90m
Other ExpensesCA$563.58m
Earnings-CA$483.68m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-6.35
Gross Margin26.89%
Net Profit Margin-162.78%
Debt/Equity Ratio119.3%

How did WEED perform over the long term?

See historical performance and comparison
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