GrowGeneration (GRWG) stock forecast for 2024
Last update: 05-13-2022, 5:27
Sector: Consumer defensiveThe share price of GrowGeneration Corp. (GRWG) now
What analysts predict:: $16.61
52-week high/low: $52.8 / $3.62
50/200 Day Moving Average: $7.85 / $17.33
This figure corresponds to the average price over the previous 50/200 days. For GrowGeneration stocks, the 50-day moving average is the resistance level today.
For GrowGeneration stocks, the 200-day moving average is the resistance level today.
Are you interested in GrowGeneration stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the GrowGeneration stock price in 2024. How much will one GrowGeneration share be worth in 2024?
Is it worth taking profit / loss on GrowGeneration stock now or waiting? What are analysts' forecasts for GrowGeneration stock?
We forecast GrowGeneration stock performance using neural networks based on historical data on GrowGeneration stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The GrowGeneration stock prediction results are shown below and presented as a graph, table and text information.
GrowGeneration stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for GrowGeneration analysts is $16.61.
Today 200 Day Moving Average is the resistance level (17.33 $).
50 Day Moving Average is the resistance level (7.85 $).
Historical and forecast chart of GrowGeneration stock
The chart below shows the historical price of GrowGeneration stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the GrowGeneration stock price can be found in the table below.
GrowGeneration (GRWG) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 4.45 | 3.78 | 4.88 | 22.60 % |
| Feb | 4.49 | 3.95 | 4.74 | 16.69 % |
| Mar | 4.71 | 4.10 | 5.10 | 19.60 % |
| Apr | 3.80 | 3.34 | 4.41 | 24.27 % |
| May | 4.18 | 3.57 | 4.46 | 19.87 % |
| Jun | 3.92 | 3.44 | 4.37 | 21.12 % |
| Jul | 3.80 | 3.55 | 4.33 | 18.04 % |
| Aug | 4.14 | 3.45 | 4.52 | 23.84 % |
| Sep | 3.49 | 2.94 | 3.83 | 23.32 % |
| Oct | 3.32 | 2.90 | 3.69 | 21.35 % |
| Nov | 2.98 | 2.52 | 3.41 | 26.23 % |
| Dec | 2.52 | 2.31 | 2.70 | 14.53 % |
GrowGeneration information and performance
Grow Generation Corp. through its subsidiaries, owns and operates hydroponics and organic gardening retail stores in the United States. It markets and distributes horticultural, organic, lighting and hydroponic products, including lights, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, tools, water pumps, irrigation supplies. , and hand tools. The company also operates the GrowGen.Pro online store.
GrowGeneration Address
930 W 7TH AVE, SUITE A, DENVER, CO, US
Market Capitalization: 233 254 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: 28 302 000 $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: 18.29
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: None
Price/earnings to growth
DPS: N/A
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
DY: N/A
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS: 0.21
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: 0.147
Quarterly Revenue Growth YOY: 0.463
Trailing PE: 18.29
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 64.1
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: 0.744
Enterprise Value (EV) /Revenue
EV To EBITDA: 11.28
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 60743000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
GrowGeneration price target for 2021 by month
Target values for the price of one GrowGeneration share for Jan 2024.
Pessimistic target level: 3.78
Optimistic target level: 4.88
Target values for the price of one GrowGeneration share for Feb 2024.
Pessimistic target level: 3.95
Optimistic target level: 4.74
Target values for the price of one GrowGeneration share for Mar 2024.
Pessimistic target level: 4.10
Optimistic target level: 5.10
Target values for the price of one GrowGeneration share for Apr 2024.
Pessimistic target level: 3.34
Optimistic target level: 4.41
Target values for the price of one GrowGeneration share for May 2024.
Pessimistic target level: 3.57
Optimistic target level: 4.46
Target values for the price of one GrowGeneration share for Jun 2024.
Pessimistic target level: 3.44
Optimistic target level: 4.37
Target values for the price of one GrowGeneration share for Jul 2024.
Pessimistic target level: 3.55
Optimistic target level: 4.33
Target values for the price of one GrowGeneration share for Aug 2024.
Pessimistic target level: 3.45
Optimistic target level: 4.52
Target values for the price of one GrowGeneration share for Sep 2024.
Pessimistic target level: 2.94
Optimistic target level: 3.83
Target values for the price of one GrowGeneration share for Oct 2024.
Pessimistic target level: 2.90
Optimistic target level: 3.69
Target values for the price of one GrowGeneration share for Nov 2024.
Pessimistic target level: 2.52
Optimistic target level: 3.41
Target values for the price of one GrowGeneration share for Dec 2024.
Pessimistic target level: 2.31
Optimistic target level: 2.70