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Canopy Growth TSX:WEED Stock Report

Last Price

CA$10.79

Market Cap

CA$983.1m

7D

-3.1%

1Y

-40.7%

Updated

18 Apr, 2024

Data

Company Financials +

Canopy Growth Corporation

TSX:WEED Stock Report

Market Cap: CA$983.1m

WEED Stock Overview

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 Canada, the United States, and Germany.

WEED fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
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$10.79
52 Week HighCA$26.00
52 Week LowCA$3.74
Beta2.03
1 Month Change108.30%
3 Month Change83.82%
1 Year Change-40.71%
3 Year Change-96.75%
5 Year Change-98.34%
Change since IPO-58.34%

Recent News & Updates

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

Recent updates

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
7D-3.1%-4.9%-1.9%
1Y-40.7%55.7%3.7%

Return vs Industry: WEED underperformed the Canadian Pharmaceuticals industry which returned 55.7% over the past year.

Return vs Market: WEED underperformed the Canadian Market which returned 3.7% over the past year.

Price Volatility

Is WEED's price volatile compared to industry and market?
WEED volatility
WEED Average Weekly Movement28.6%
Pharmaceuticals Industry Average Movement14.1%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
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 (29%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
20091,621David 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 Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company’s products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes.

Canopy Growth Corporation Fundamentals Summary

How do Canopy Growth's earnings and revenue compare to its market cap?
WEED fundamental statistics
Market capCA$983.13m
Earnings (TTM)-CA$1.18b
Revenue (TTM)CA$362.24m

2.7x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEED income statement (TTM)
RevenueCA$362.24m
Cost of RevenueCA$322.10m
Gross ProfitCA$40.15m
Other ExpensesCA$1.22b
Earnings-CA$1.18b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-12.95
Gross Margin11.08%
Net Profit Margin-325.76%
Debt/Equity Ratio112.4%

How did WEED perform over the long term?

See historical performance and comparison
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