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how high will growgeneration stock go

by Ms. Charity Corwin DVM Published 3 years ago Updated 2 years ago
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The 9 analysts offering 12-month price forecasts for GrowGeneration Corp have a median target of 14.00, with a high estimate of 50.00 and a low estimate of 8.00. The median estimate represents a +81.11% increase from the last price of 7.73.

Will growgeneration stock price rise/fall/go up?

Apr 03, 2022 · 8 brokers have issued 12 month price objectives for GrowGeneration's stock. Their forecasts range from $8.00 to $55.00. On average, they anticipate GrowGeneration's stock price to reach $21.56 in the next twelve months. This suggests a possible upside of 163.9% from the stock's current price.

Is growgeneration Corp (grwg) a good stock to buy?

14 rows · GrowGeneration Corp () Stock Market info Recommendations: Buy or sell GrowGeneration stock? ...

How do I buy shares of growgeneration?

Find the latest GrowGeneration Corp. (GRWG) stock quote, history, news and other vital information to help you with your stock trading and investing.

How often do you update the grwg stock projections?

The current GrowGeneration Corp [ GRWG] share price is $8.17. The Score for GRWG is 32, which is 36% below its historic median score of 50, and infers higher risk than normal. GRWG is currently trading in the 30-40% percentile range relative to its historical Stock Score levels.

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Will GrowGeneration stock go up?

On average, Wall Street analysts predict that GROWGENERATION's share price could reach $29.64 by Mar 3, 2023. The average GROWGENERATION stock price prediction forecasts a potential upside of 283.98% from the current GRWG share price of $7.72.

Is GrowGeneration a buy or sell?

GrowGeneration has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

How high will ds stock go?

Stock Price Forecast The 3 analysts offering 12-month price forecasts for Drive Shack Inc have a median target of 5.00, with a high estimate of 5.00 and a low estimate of 5.00. The median estimate represents a +274.53% increase from the last price of 1.34.

Why is GrowGeneration stock dropping?

CNW Group/GrowGeneration Corp. Shares of GrowGeneration fell sharply Thursday after the gardening products retailer lowered guidance due to a general slowdown in the hydroponics market. The stock fell 8.2% to $10.19. GrowGeneration (ticker: GRWG) said full-year revenue will be between $420 million to $422 million.Jan 13, 2022

Is GrowGeneration a good stock to invest in?

While its addressable market may seem modest, GrowGeneration's revenue growth points to more dominance in the high-growth market it seeks to standardize. Between this growth and the substantial discount where the stock trades today, GrowGeneration could be a top growth stock to buy for the foreseeable future.Nov 5, 2021

Is GrowGeneration a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows

Is DS a buy now?

Is Drive Shack Stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NYSE: DS) stock is to Buy DS stock.

Will drive Shack go up?

On average, they expect Drive Shack's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 278.8% from the stock's current price. View analysts' price targets for Drive Shack or view top-rated stocks among Wall Street analysts.

Is DS a buy or sell?

Drive Shack (NYSE:DS) vs. Its CompetitorsTypeDrive ShackConsumer Discretionary CompaniesConsensus Rating Score3.002.58Consensus RatingBuyBuyPrice Target Upside275.94% Upside138.25% UpsideNews Sentiment RatingNeutral NewsPositive News1 more row

Who is Darren Lampert?

Darren Lampert is 59, he's been the Chief Executive Officer and Director of GrowGeneration Corp since 2014. There are 5 older and 6 younger executives at GrowGeneration Corp.Jan 6, 2022

"Should I invest in GrowGeneration stock?" "Should I trade "GRWG" stock today?"

According to our live Forecast System, GrowGeneration Corp stock is an awesome long-term (1-year)...

What is the GrowGeneration stock price / share price today?

The GrowGeneration stock price is 9.580 USD today.

Will GrowGeneration stock price grow / rise / go up?

Yes. The GRWG stock price can go up from 9.580 USD to 17.864 USD in...

Is it profitable to invest in GrowGeneration stock?

Yes. The long-term earning potential is + 86.47 % in one year.

Will GRWG stock price fall / drop?

No. See above .

What will GrowGeneration stock price be worth in five years (2027)?

The GRWG ("GRWG" ) future stock price will be 54.706 USD .

Will GRWG stock price crash?

According to our analysis, this will not happen.

Will GrowGeneration stock price hit 10 USD price in a year?

Yes, within a year. See above .

Will GrowGeneration stock price hit 20 USD price in a year?

Not within a year. See above .

GRWG Target Price

GrowGeneration Corp ( GRWG ) Stock Market info

GRWG price target in 14 days: 10.346 USD* upside and 7.998 USD* downside. (Highest and lowest possible predicted price in a 14 day period)

When will GrowGen release results?

Recommendations: Buy or sell GrowGeneration stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the GrowGeneration share forecasts, stock quote and buy / sell signals below.

What is GrowGeneration Corp?

(NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced it will release its financial results for the second quarter ended June 30, 2021, on Thursday, August 12, 2021.

When is GrowGen meeting 2021?

GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company"), the nation's largest chain of specialty hydroponic and organic garden centers, announced today that the Company will participate in the following virtual investment conferences:

Is GrowGen a Russell 2000 company?

(NASDAQ: GRWG), ("GrowGen" or the "Company"), the nation's largest chain of specialty hydroponic and organic garden centers, today announced voting results from its 2021 annual meeting of shareholders held on June 24, 2021.

Is GrowGen a member of Russell 2000?

GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company"), the nation's largest chain of specialty hydroponic and organic garden centers, today was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 28, as part of the 2021 Russell indexes reconstitution.

GrowGeneration Corp Stock Forecast

GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company"), the nation's largest chain of specialty hydroponic and organic garden centers, today was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 28, as part of the 2021 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the

Will GrowGeneration Corp Stock Go Up Next Year?

Over the next 52 weeks, GrowGeneration Corp has on average historically risen by 175.3 % based on the past 5 years of stock performance.

GrowGeneration Corp Stock Price History

Over the next 52 weeks, GrowGeneration Corp has on average historically risen by 175.3% based on the past 5 years of stock performance.

Stock Predictions

Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and GRWG is experiencing selling pressure, which indicates risk of future bearish movement.

How much will biotech industry grow in 2024?

Is GrowGeneration Corp stock public? Yes, GrowGeneration Corp is a publicly traded company.

What is Zacks research?

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Is GrowGeneration a good company?

Zacks. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank.

What is GrowGen?

Meanwhile, GrowGeneration is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past two months, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

What is the EBITDA of GrowGeneration?

GrowGeneration Corp. , through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company also operates GrowGen. Pro, an online e-commerce store. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 16, 2021, it operated a chain of 51 stores, which includes 8 locations in Colorado, 18 locations in California, 2 locations in Nevada, 1 location in Arizona, 2 locations in Washington, 6 locations in Michigan, 1 location in Rhode Island, 5 locations in Oklahoma, 2 locations in Oregon, 5 locations in Maine, and 1 location in Florida, as well as an online e-commerce store.

How to gauge volatility of a stock?

The EBITDA is a measure of a GrowGeneration's overall financial performance and is widely used to measure a its profitability.

Maybe. Here's how it could happen

A popular way to gauge a stock's volatility is its "beta". Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while GrowGeneration's is 2.9403.

What it would take

GrowGeneration ( GRWG 0.35% ) ranked as the best-performing cannabis stock of the first half of this year. With its continuing momentum, GrowGeneration just might become the top pot stock of all of 2020.

NASDAQ: GRWG

There's no question in my mind that GrowGeneration could be a millionaire-maker stock -- if you invest a huge amount of money. After all, an initial investment of $800,000 would only require the shares to appreciate by 25% to get you to the magic $1 million mark. That shouldn't be a problem for GrowGeneration.

How it could happen

Of course, few investors have that kind of money. Even if you did have such a large amount, it wouldn't be a good idea to put it all into one stock.

A good bet?

If we assume a price-to-sales ratio of five, GrowGeneration would need to make $13.3 billion annually to hit the market cap required to turn an initial $10,000 investment into $1 million. The company expects sales of around $170 million in 2020. How could GrowGeneration possibly ramp up its revenue so much?

Premium Investing Services

To be sure, the odds that GrowGeneration won't be a millionaire-maker stock are much greater than the odds that it will. The company already faces plenty of rivals. If cannabis is legalized at the federal level in the U.S., that competition would almost certainly increase.

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