Canopy Growth (WEED) Competitors

C$13.46
+0.18 (+1.36%)
(As of 05/15/2024 ET)

WEED vs. OGI, GUD, ACB, CRON, TLRY, BHC, WELL, SIA, DNTL, and EXE

Should you be buying Canopy Growth stock or one of its competitors? The main competitors of Canopy Growth include Organigram (OGI), Knight Therapeutics (GUD), Aurora Cannabis (ACB), Cronos Group (CRON), Tilray Brands (TLRY), Bausch Health Companies (BHC), WELL Health Technologies (WELL), Sienna Senior Living (SIA), dentalcorp (DNTL), and Extendicare (EXE). These companies are all part of the "medical" sector.

Canopy Growth vs.

Canopy Growth (TSE:WEED) and Organigram (TSE:OGI) are both small-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, community ranking, risk, media sentiment, dividends, institutional ownership, analyst recommendations, profitability and earnings.

4.3% of Canopy Growth shares are held by institutional investors. Comparatively, 9.0% of Organigram shares are held by institutional investors. 0.2% of Canopy Growth shares are held by insiders. Comparatively, 27.3% of Organigram shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Canopy Growth has a beta of 1.85, suggesting that its share price is 85% more volatile than the S&P 500. Comparatively, Organigram has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.

Canopy Growth received 593 more outperform votes than Organigram when rated by MarketBeat users. Likewise, 62.44% of users gave Canopy Growth an outperform vote while only 44.76% of users gave Organigram an outperform vote.

CompanyUnderperformOutperform
Canopy GrowthOutperform Votes
640
62.44%
Underperform Votes
385
37.56%
OrganigramOutperform Votes
47
44.76%
Underperform Votes
58
55.24%

Canopy Growth presently has a consensus target price of C$3.20, suggesting a potential downside of 76.23%. Organigram has a consensus target price of C$3.77, suggesting a potential upside of 44.32%. Given Organigram's stronger consensus rating and higher probable upside, analysts plainly believe Organigram is more favorable than Canopy Growth.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canopy Growth
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Organigram
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Canopy Growth has a net margin of 0.00% compared to Organigram's net margin of -153.80%. Organigram's return on equity of -54.53% beat Canopy Growth's return on equity.

Company Net Margins Return on Equity Return on Assets
Canopy GrowthN/A -121.56% -8.89%
Organigram -153.80%-54.53%-5.56%

In the previous week, Organigram had 5 more articles in the media than Canopy Growth. MarketBeat recorded 8 mentions for Organigram and 3 mentions for Canopy Growth. Canopy Growth's average media sentiment score of 0.72 beat Organigram's score of -0.50 indicating that Canopy Growth is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canopy Growth
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Organigram
0 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Negative

Organigram has lower revenue, but higher earnings than Canopy Growth. Organigram is trading at a lower price-to-earnings ratio than Canopy Growth, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canopy GrowthC$362.24M2.79-C$1.18B-C$21.30-0.63
OrganigramC$149.21M1.80-C$229.48M-C$2.51-1.04

Summary

Organigram beats Canopy Growth on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WEED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WEED vs. The Competition

MetricCanopy GrowthDrug Manufacturers IndustryMedical SectorTSE Exchange
Market CapC$1.01BC$1.14BC$5.12BC$5.29B
Dividend Yield4.80%2.98%37.22%5.46%
P/E Ratio-0.63523.43154.8623.17
Price / Sales2.7910,059.842,339.531,751.66
Price / Cash1.6310.0035.8777.94
Price / Book2.057.405.473.27
Net Income-C$1.18BC$153.54MC$105.27MC$289.22M
7 Day Performance8.72%1.38%1.22%1.04%
1 Month Performance40.35%0.88%2.71%2.63%
1 Year Performance841.26%33.15%6.73%24.19%

Canopy Growth Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OGI
Organigram
2.4853 of 5 stars
C$2.48
-1.2%
C$3.85
+55.2%
+306.6%C$255.44MC$149.21M-0.99984Analyst Forecast
News Coverage
GUD
Knight Therapeutics
0.8999 of 5 stars
C$6.15
+1.7%
C$6.75
+9.8%
+26.5%C$622.20MC$328.20M-38.44725News Coverage
ACB
Aurora Cannabis
0.0317 of 5 stars
C$9.56
+5.1%
C$2.26
-76.3%
+1,174.7%C$521.40MC$275.88M-0.121,130Gap Up
CRON
Cronos Group
0.408 of 5 stars
C$4.02
flat
C$2.77
-31.1%
+73.3%C$1.54BC$87.24M-16.08356Positive News
High Trading Volume
TLRY
Tilray Brands
0.0056 of 5 stars
C$2.85
+5.2%
C$2.95
+3.5%
-12.6%C$2.30BC$743.25M-4.751,600News Coverage
Positive News
High Trading Volume
BHC
Bausch Health Companies
0.2413 of 5 stars
C$9.74
flat
C$9.00
-7.6%
+25.7%C$3.57BC$8.97B-5.7320,270News Coverage
WELL
WELL Health Technologies
0.7537 of 5 stars
C$3.82
-0.3%
C$7.13
+86.5%
-24.2%C$938.31MC$776.05M-185.00392
SIA
Sienna Senior Living
2.0029 of 5 stars
C$14.82
-0.2%
C$14.93
+0.7%
+26.0%C$1.08BC$824.26M40.0512,000Analyst Forecast
News Coverage
Positive News
DNTL
dentalcorp
2.2719 of 5 stars
C$6.25
+2.0%
C$10.48
+67.6%
-13.8%C$1.12BC$1.43B-13.599,900Analyst Forecast
News Coverage
EXE
Extendicare
0.2302 of 5 stars
C$7.67
-0.9%
C$8.00
+4.3%
+6.7%C$639.53MC$1.30B19.1823,000

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This page (TSE:WEED) was last updated on 5/15/2024 by MarketBeat.com Staff

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