GrowGeneration Corp Revenue vs. Number Of Shares Shorted
| GRWG Stock | USD 1.86 0.05 2.62% |
Total Revenue | First Reported 2015-06-30 | Previous Quarter 53.5 M | Current Value 50 M | Quarterly Volatility 35.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.2712 |
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For GrowGeneration Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GrowGeneration Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GrowGeneration Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GrowGeneration Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GrowGeneration Corp over time as well as its relative position and ranking within its peers.
GrowGeneration |
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GrowGeneration Corp. If investors know GrowGeneration will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GrowGeneration Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Earnings Share (0.88) | Revenue Per Share 3.31 | Quarterly Revenue Growth (0.10) | Return On Assets (0.1) |
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GrowGeneration Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GrowGeneration Corp Number Of Shares Shorted vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GrowGeneration Corp's current stock value. Our valuation model uses many indicators to compare GrowGeneration Corp value to that of its competitors to determine the firm's financial worth. GrowGeneration Corp is rated below average in revenue category among its peers. It is rated below average in number of shares shorted category among its peers making about 0.02 of Number Of Shares Shorted per Revenue. The ratio of Revenue to Number Of Shares Shorted for GrowGeneration Corp is roughly 63.67 . At this time, GrowGeneration Corp's Total Revenue is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value GrowGeneration Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.GrowGeneration Revenue vs. Competition
GrowGeneration Corp is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 144.29 Billion. GrowGeneration Corp adds roughly 225.88 Million in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
GrowGeneration Number Of Shares Shorted vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
GrowGeneration Corp |
| = | 225.88 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
GrowGeneration Corp |
| = | 3.55 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
GrowGeneration Number Of Shares Shorted Comparison
GrowGeneration Corp is currently under evaluation in number of shares shorted category among its peers.
GrowGeneration Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GrowGeneration Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GrowGeneration Corp will eventually generate negative long term returns. The profitability progress is the general direction of GrowGeneration Corp's change in net profit over the period of time. It can combine multiple indicators of GrowGeneration Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -49.8 M | -47.4 M | |
| Net Loss | -34.2 M | -32.5 M | |
| Income Before Tax | -46.5 M | -44.1 M | |
| Total Other Income Expense Net | 3.4 M | 3.5 M | |
| Net Loss | -147.4 M | -140 M | |
| Net Loss | -46.5 M | -44.2 M | |
| Income Tax Expense | 32 K | 33.6 K | |
| Interest Income | 390 K | 213.4 K | |
| Net Interest Income | 379 K | 397.9 K | |
| Non Operating Income Net Other | 1.4 M | 1.5 M | |
| Change To Netincome | 152.7 M | 160.3 M | |
| Net Loss | (0.76) | (0.80) | |
| Income Quality | (0.03) | (0.03) | |
| Net Income Per E B T | 1.00 | 0.68 |
GrowGeneration Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GrowGeneration Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GrowGeneration Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GrowGeneration Corp's important profitability drivers and their relationship over time.
Use GrowGeneration Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GrowGeneration Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GrowGeneration Corp will appreciate offsetting losses from the drop in the long position's value.GrowGeneration Corp Pair Trading
GrowGeneration Corp Pair Trading Analysis
The ability to find closely correlated positions to GrowGeneration Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GrowGeneration Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GrowGeneration Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GrowGeneration Corp to buy it.
The correlation of GrowGeneration Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GrowGeneration Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GrowGeneration Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GrowGeneration Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your GrowGeneration Corp position
In addition to having GrowGeneration Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Risk vs Return Analysis. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
To fully project GrowGeneration Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GrowGeneration Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include GrowGeneration Corp's income statement, its balance sheet, and the statement of cash flows.