Is GRWG stock a good buy?

GrowGeneration has received a consensus rating of Buy.

Similarly Is GRWG a stock forecast? Stock Price Forecast

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 +71.36% increase from the last price of 8.17.

Why is GRWG stock dropping? 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.

Additionally, Is GrowGeneration a buy?

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.

Is GRWG a buy Zacks?

How good is it? 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 Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

What does GrowGeneration do? GrowGeneration Corp. operates a chain of hydroponic garden centers in North America and is a marketer and distributor of nutrients, growing media, indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening.

What industry is GRWG in? Key Data

Label Value
Sector Consumer Services
Industry Other Specialty Stores
1 Year Target $14.50
Today’s High/Low $8.17/$7.66

Is GRWG a US company? GRWG:USNASDAQ CM. GrowGeneration Corp.

Who are grow generations competitors?

Top Competitors of GrowGeneration

  • GrowGen. 141. $28 Million.
  • GroWell Hydroponics & Plant Li… 119. $26 Million.
  • Advanced Nutrients. 100. $64 Million.
  • Greenstar Plant Products. $16 Million.
  • Hydrofarm. 327. $342 Million.
  • HTG Supply. 257. $49 Million.
  • Calloway’s Nursery. 250. $50 Million.
  • ACME Hydroponics. 734. $147 Million.

When did GrowGeneration go public? GrowGeneration went public with an initial public offering in 2016 and is on track for its fifth consecutive year of revenue growth and its third consecutive profitable year.

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.

 

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