GrowGeneration Corp. [GRWG] Stock trading around $45.73 per share: What’s Next?

GrowGeneration Corp. [NASDAQ: GRWG] stock went on a downward path that fall over -0.17% on Thursday, amounting to a one-week price decrease of less than -9.89%. The company report on March 25, 2021 that GrowGeneration Corp. to Host Earnings Call.

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GrowGeneration Corp. (NASDAQ:GRWG) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 25, 2021 at 9:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/75439.

Over the last 12 months, GRWG stock rose by 1100.26%. The one-year GrowGeneration Corp. stock forecast points to a potential upside of 18.96. The average equity rating for GRWG stock is currently 2.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $2.26 billion, with 47.88 million shares outstanding and 41.89 million shares in the current float. Compared to the average trading volume of 2.71M shares, GRWG stock reached a trading volume of 4725678 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on GrowGeneration Corp. [GRWG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GRWG shares is $56.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GRWG stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH Capital have made an estimate for GrowGeneration Corp. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 13, 2021. The new note on the price target was released on January 12, 2021, representing the official price target for GrowGeneration Corp. stock. Previously, the target price had yet another raise from $45 to $54, while Alliance Global Partners kept a Neutral rating on GRWG stock.

The Average True Range (ATR) for GrowGeneration Corp. is set at 5.64, with the Price to Sales ratio for GRWG stock in the period of the last 12 months amounting to 14.43. The Price to Book ratio for the last quarter was 19.54, with the Price to Cash per share for the same quarter was set at 1.12.

GRWG Stock Performance Analysis:

GrowGeneration Corp. [GRWG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.89. With this latest performance, GRWG shares dropped by -9.66% in over the last four-week period, additionally plugging by 201.25% over the last 6 months – not to mention a rise of 1100.26% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GRWG stock in for the last two-week period is set at 44.54, with the RSI for the last a single of trading hit 41.11, and the three-weeks RSI is set at 46.66 for GrowGeneration Corp. [GRWG]. The present Moving Average for the last 50 days of trading for this stock 50.91, while it was recorded at 50.74 for the last single week of trading, and 27.25 for the last 200 days.

Insight into GrowGeneration Corp. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and GrowGeneration Corp. [GRWG] shares currently have an operating margin of +2.68 and a Gross Margin at +22.45. GrowGeneration Corp.’s Net Margin is presently recorded at +2.36.

Return on Total Capital for GRWG is now 4.51, given the latest momentum, and Return on Invested Capital for the company is 4.07. Return on Equity for this stock inclined to 4.48, with Return on Assets sitting at 3.48. When it comes to the capital structure of this company, GrowGeneration Corp. [GRWG] has a Total Debt to Total Equity ratio set at 14.84. Additionally, GRWG Total Debt to Total Capital is recorded at 12.92, with Total Debt to Total Assets ending up at 11.10. Long-Term Debt to Equity for the company is recorded at 11.22, with the Long-Term Debt to Total Capital now at 9.77.

Reflecting on the efficiency of the workforce at the company, GrowGeneration Corp. [GRWG] managed to generate an average of $10,211 per employee. Receivables Turnover for the company is 29.99 with a Total Asset Turnover recorded at a value of 1.48.GrowGeneration Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 5.00.

GRWG Stock EPS

With the latest financial reports released by the company, GrowGeneration Corp. posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at 0.03/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -133.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GRWG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GrowGeneration Corp. go to 20.00%.

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