Cresco Labs Inc logo

CL - Cresco Labs Inc Share Price

C$9.57 0.1  0.9%

Last Trade - 14/08/20

Sector
Healthcare
Size
Mid Cap
Market Cap £1.88bn
Enterprise Value £2.04bn
Revenue £133.1m
Position in Universe 133rd / 2682
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +32.2%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -25.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
357.1
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.000 0.000 0.000 0.000 43.3 128.5 370.3 654.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Cresco Labs Inc revenues increased from $21.1M to $66.4M. Net loss increased 19% to $7.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Salaries and Related increase from $4.3M to $18.3M (expense), Consulting and Professional Fees increase from $3.4M to $11.2M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

CL Revenue Unlock CL Revenue

Net Income

CL Net Income Unlock CL Revenue

Normalised EPS

CL Normalised EPS Unlock CL Revenue

PE Ratio Range

CL PE Ratio Range Unlock CL Revenue

Dividend Yield Range

CL Dividend Yield Range Unlock CL Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
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EPS
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DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
CL EPS Forecasts Unlock CL Revenue
Profile Summary

Cresco Labs Inc., formerly Randsburg International Gold Corp., is a cannabis operator in United States. The Company manufactures a suite of cannabis extracts and vape products. The Company is a processor and retailer of cannabis products with operations in six states, including Illinois, Ohio, Pennsylvania, Nevada, California and Arizona. It distributes its cannabis products to dispensaries.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated July 6, 1990
Public Since December 3, 2018
No. of Shareholders: n/a
No. of Employees: 1,400
Sector Healthcare
Industry Pharmaceuticals
Index
Exchange Canadian Securities Exchange
Shares in Issue 341,823,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CL Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for CL
Upcoming Events for CL
Thursday 20th August, 2020
Q2 2020 Cresco Labs Inc Earnings Release
Thursday 20th August, 2020
Q2 2020 Cresco Labs Inc Earnings Call
Frequently Asked Questions for Cresco Labs Inc
What is the Cresco Labs Inc share price?

As of 14/08/20, shares in Cresco Labs Inc are trading at C$9.57, giving the company a market capitalisation of £1.88bn. This share price information is delayed by 15 minutes.

How has the Cresco Labs Inc share price performed this year?

Shares in Cresco Labs Inc are currently trading at C$9.57 and the price has moved by -20.27% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Cresco Labs Inc price has moved by -22.98% over the past year.

What are the analyst and broker recommendations for Cresco Labs Inc?

Of the analysts with advisory recommendations for Cresco Labs Inc, there are there are currently 3 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Cresco Labs Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Cresco Labs Inc next release its financial results?

Cresco Labs Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Cresco Labs Inc dividend yield?

Cresco Labs Inc does not currently pay a dividend.

Does Cresco Labs Inc pay a dividend?

Cresco Labs Inc does not currently pay a dividend.

When does Cresco Labs Inc next pay dividends?

Cresco Labs Inc does not currently pay a dividend.

How do I buy Cresco Labs Inc shares?

To buy shares in Cresco Labs Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Cresco Labs Inc?

Shares in Cresco Labs Inc are currently trading at C$9.57, giving the company a market capitalisation of £1.88bn.

Where are Cresco Labs Inc shares listed? Where are Cresco Labs Inc shares listed?

Here are the trading details for Cresco Labs Inc:

Country of listing: Canada
Exchange: CNX
Ticker Symbol: CL
What kind of share is Cresco Labs Inc?

Based on an overall assessment of its quality, value and momentum, Cresco Labs Inc is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Cresco Labs Inc share price forecast 2020?

Shares in Cresco Labs Inc are currently priced at C$9.57. At that level they are trading at 9.6% premium to the analyst consensus target price of 0.00.

Analysts covering Cresco Labs Inc currently have a consensus Earnings Per Share (EPS) forecast of -0.0797768533 for the next financial year.

How can I tell whether the Cresco Labs Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Cresco Labs Inc. Over the past six months, the relative strength of its shares against the market has been 38.96%. At the current price of C$9.57, shares in Cresco Labs Inc are trading at 44.2% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Cresco Labs Inc PE Ratio?

We were not able to find PE ratio data for Cresco Labs Inc.

Who are the key directors of Cresco Labs Inc?

Cresco Labs Inc's management team is headed by:

Cory Rothschild - VPR
Cris Rivera - VPR
Thomas Manning - CHM
Charles Bachtell - CEO
Joe Caltabiano - DRC
Brian McCormack - IND
Gerald Corcoran - IND
Dominic Sergi - IND
Randy Podolsky - IND
Robert Sampson - IND
Ken Amann - CFO
Mo Dastagir - CIO
Angie Demchenko - OTH
Gregory Butler - OTH
David Ellis - COO
Jason Erkes - OTH
John Schetz - GCN
Michele Roberts - DRC
Dennis Olis - CFO
Carol Vallone - DRC
Who are the major shareholders of Cresco Labs Inc?

Here are the top five shareholders of Cresco Labs Inc based on the size of their shareholding:

Lustig (Marc) Individual Investor
Percentage owned: 1.39% (2.34m shares)
Wasatch Global Investors Inc Investment Advisor/Hedge Fund
Percentage owned: 1.05% (1.76m shares)
Wasatch Micro Cap Fund Mutual Fund
Percentage owned: 1.05% (1.76m shares)
Horizons ETFs Management (Canada) Inc. Investment Advisor/Hedge Fund
Percentage owned: 0.19% (324k shares)
Ancora Advisors, L.L.C. Investment Advisor/Hedge Fund
Percentage owned: 0.18% (300k shares)
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