Latest news with #GrowGeneration
Washington Post
08-05-2025
- Business
- Washington Post
GrowGeneration: Q1 Earnings Snapshot
GREENWOOD VILLAGE, Colo. — GREENWOOD VILLAGE, Colo. — GrowGeneration Corp. (GRWG) on Thursday reported a loss of $9.4 million in its first quarter. On a per-share basis, the Greenwood Village, Colorado-based company said it had a loss of 16 cents. The company posted revenue of $35.7 million in the period. _____
Yahoo
18-04-2025
- Business
- Yahoo
Shareholders in GrowGeneration (NASDAQ:GRWG) are in the red if they invested three years ago
As an investor, mistakes are inevitable. But really big losses can really drag down an overall portfolio. So consider, for a moment, the misfortune of GrowGeneration Corp. (NASDAQ:GRWG) investors who have held the stock for three years as it declined a whopping 87%. That would certainly shake our confidence in the decision to own the stock. And the ride hasn't got any smoother in recent times over the last year, with the price 57% lower in that time. Furthermore, it's down 39% in about a quarter. That's not much fun for holders. While a drop like that is definitely a body blow, money isn't as important as health and happiness. It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Given that GrowGeneration didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually desire strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. In the last three years GrowGeneration saw its revenue shrink by 28% per year. That means its revenue trend is very weak compared to other loss making companies. The swift share price decline at an annual compound rate of 23%, reflects this weak fundamental performance. We prefer leave it to clowns to try to catch falling knives, like this stock. It's worth remembering that investors call buying a steeply falling share price 'catching a falling knife' because it is a dangerous pass time. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. You can see what analysts are predicting for GrowGeneration in this interactive graph of future profit estimates. Investors in GrowGeneration had a tough year, with a total loss of 57%, against a market gain of about 7.2%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 12% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for GrowGeneration that you should be aware of before investing here. GrowGeneration is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
28-03-2025
- Business
- Yahoo
Is GrowGeneration Corp. (GRWG) the Cheapest Stock Insiders Are Buying In March?
We recently published a list of . In this article, we are going to take a look at where GrowGeneration Corp. (NASDAQ:GRWG) stands against other cheapest stocks insiders are buying in March. After solid gains Monday, the broader market index and blue chip companies traded flat Tuesday, while the NASDAQ Composite rose 0.2%. Monday's enthusiasm came from hopes of looser U.S. tariffs. Investors mostly ignored the March consumer confidence data released on Tuesday, which showed a sharp decline in U.S. consumers' short-term outlook on income, business, and job conditions, reports CNBC. 'Sentiment continues to wane among investors, consumers and businesses as economic concerns and economic policy uncertainty takes its toll,' said Bret Kenwell, U.S. investment analyst at eToro. 'Until there's more certainty on the tariff and macro front, sentiment and confidence remain vulnerable.' As investors navigate daily market changes, uncertainty remains a persistent factor. Insider trading tends to attract attention during these periods, as purchases of company stock by executives may suggest optimism about the company's future. However, insider selling doesn't necessarily signal a lack of confidence—it could simply be for personal financial reasons or to diversify holdings. Many executives use pre-established plans, such as 10b5-1, to maintain transparency. While insider trading can provide useful insights, it's important to evaluate it alongside a company's financial stability, broader market trends, and industry dynamics. What are some of the cheapest stocks insiders have been buying this month so far? To find out, we used Insider Monkey's insider trading stock screener, focusing only on stocks where at least two insiders had purchased shares in March. From there, we ranked the 10 stocks with the lowest average price per share. Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). With each stock, we note the average price per share of these purchases and the stock's market capitalization. A farmer placing an accessory into a hydroponic system, filled with a nutrient-rich growing media. Market Capitalization: $76.11 million GrowGeneration owns and operates retail hydroponic and organic gardening stores across the U.S. It sells a variety of cultivation products, including nutrients, lighting, and growing media, through physical stores and an online platform. The company also provides storage solutions and services such as site surveys, floor plan designs, and installations, serving markets like agriculture, retail, and hospitality. For the full year of 2024, GrowGeneration reported net sales of $37.0 million, compared to $225.9 million in 2023. Gross profit was $43.7 million, compared to $61.3 million in 2023. Selling, general, and administrative expenses amounted to $29.2 million, which compares to $29.8 million for 2023, a decrease of 1.9%. GAAP net loss was $49.5 million for the year, compared to $46.5 million in 2023. In March, two insiders, including the CEO, bought around $201,753 worth of GrowGeneration shares at an average price of $1.20 per share. The stock now trades at $1.28 per share, down 24.26% year-to-date, and 49.61% over the past 12 months. Based on the estimates of two Wall Street analysts, GrowGeneration stock is rated a 'Moderate Buy,' according to TipRanks. The average price target of $2.63 suggests a 105.47% upside from the last price of $1.28. Overall, GRWG ranks 12th on our list of cheapest stocks insiders are buying in March. While we acknowledge the potential of GRWG our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GRWG but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
GrowGeneration Insiders Added US$846.1k Of Stock To Their Holdings
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of GrowGeneration Corp. (NASDAQ:GRWG), that sends out a positive message to the company's shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. View our latest analysis for GrowGeneration In the last twelve months, the biggest single purchase by an insider was when Co-Founder Michael Salaman bought US$198k worth of shares at a price of US$1.90 per share. That means that even when the share price was higher than US$1.42 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. While GrowGeneration insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them). Over the last three months, we've seen significant insider buying at GrowGeneration. In total, insiders bought US$202k worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future. Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that GrowGeneration insiders own 8.6% of the company, worth about US$7.3m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing! It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on GrowGeneration stock. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of GrowGeneration. Of course GrowGeneration may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
