Canopy Growth Co. (NASDAQ:CGC) Forecasted to Post FY2025 Earnings of ($1.36) Per Share

Canopy Growth Co. (NASDAQ:CGC) – Analysts at Atb Cap Markets issued their FY2025 earnings per share estimates for Canopy Growth in a research report issued to clients and investors on Monday, June 17th. Atb Cap Markets analyst F. Gomes expects that the company will post earnings per share of ($1.36) for the year. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for Canopy Growth’s current full-year earnings is ($1.03) per share. Atb Cap Markets also issued estimates for Canopy Growth’s FY2026 earnings at ($0.76) EPS, FY2028 earnings at ($0.39) EPS and FY2029 earnings at ($0.13) EPS.

Canopy Growth Price Performance

Shares of CGC opened at $7.09 on Wednesday. The company has a market capitalization of $540.26 million, a price-to-earnings ratio of -1.11 and a beta of 0.95. Canopy Growth has a fifty-two week low of $2.76 and a fifty-two week high of $19.20. The firm has a 50-day simple moving average of $8.76 and a 200-day simple moving average of $6.35. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.25 and a current ratio of 1.58.

Insider Buying and Selling at Canopy Growth

In related news, Director Willy Kruh sold 3,738 shares of the business’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $9.94, for a total value of $37,155.72. Following the sale, the director now directly owns 17,295 shares in the company, valued at approximately $171,912.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have sold 5,562 shares of company stock worth $55,286. 0.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Canopy Growth

A number of institutional investors have recently bought and sold shares of CGC. Virtu Financial LLC purchased a new stake in shares of Canopy Growth in the first quarter worth about $544,000. Tidal Investments LLC purchased a new position in Canopy Growth in the 1st quarter worth approximately $21,718,000. Murchinson Ltd. acquired a new stake in Canopy Growth in the first quarter valued at approximately $13,149,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Canopy Growth during the first quarter valued at approximately $475,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Canopy Growth during the first quarter worth $289,000. 3.33% of the stock is currently owned by hedge funds and other institutional investors.

Canopy Growth Company Profile

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.