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How to buy GrowGeneration stock | $38.65

Own GrowGeneration stock in just a few minutes.

Fact checked

GrowGeneration Corp is a home improvement retail business based in the US. GrowGeneration shares (GRWG) are listed on the NASDAQ and all prices are listed in US Dollars. GrowGeneration employs 250 staff and has a trailing 12-month revenue of around USD$156.8 million.

How to buy shares in GrowGeneration

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for GrowGeneration. Find the stock by name or ticker symbol: GRWG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until GrowGeneration reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$38.65, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of GrowGeneration, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of GrowGeneration. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

GrowGeneration share price

Use our graph to track the performance of GRWG stocks over time.

GrowGeneration shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$38.65
52-week rangeUSD$2.62 - USD$43.14
50-day moving average USD$32.2863
200-day moving average USD$17.3963
Wall St. target priceUSD$36.29
PE ratio 543.2895
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.076

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy GrowGeneration stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

GrowGeneration price performance over time

Historical closes compared with the close of $38.65 from 2020-12-18

1 week (2021-01-12) -23.18%
1 month (2020-12-18) 38.65
3 months (2020-10-19) 110.28%
6 months (2020-07-17) 436.81%
1 year (2020-01-17) 736.58%
2 years (2019-01-18) 1,205.74%
3 years (2018-01-19) 508.66%
5 years (2016-01-15) N/A

Is GrowGeneration under- or over-valued?

Valuing GrowGeneration stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of GrowGeneration's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

GrowGeneration's P/E ratio

GrowGeneration's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 543x. In other words, GrowGeneration shares trade at around 543x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

GrowGeneration's EBITDA

GrowGeneration's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$6.9 million.

The EBITDA is a measure of a GrowGeneration's overall financial performance and is widely used to measure a its profitability.

GrowGeneration financials

Revenue TTM USD$156.8 million
Operating margin TTM 3.37%
Gross profit TTM USD$22.6 million
Return on assets TTM 3.17%
Return on equity TTM 4.07%
Profit margin 2.14%
Book value $2.319
Market capitalisation USD$2.3 billion

TTM: trailing 12 months

Shorting GrowGeneration shares

There are currently 5.4 million GrowGeneration shares held short by investors – that's known as GrowGeneration's "short interest". This figure is 11.5% down from 6.1 million last month.

There are a few different ways that this level of interest in shorting GrowGeneration shares can be evaluated.

GrowGeneration's "short interest ratio" (SIR)

GrowGeneration's "short interest ratio" (SIR) is the quantity of GrowGeneration shares currently shorted divided by the average quantity of GrowGeneration shares traded daily (recently around 4.0 million). GrowGeneration's SIR currently stands at 1.34. In other words for every 100,000 GrowGeneration shares traded daily on the market, roughly 1340 shares are currently held short.

However GrowGeneration's short interest can also be evaluated against the total number of GrowGeneration shares, or, against the total number of tradable GrowGeneration shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case GrowGeneration's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 GrowGeneration shares in existence, roughly 100 shares are currently held short) or 0.1268% of the tradable shares (for every 100,000 tradable GrowGeneration shares, roughly 127 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against GrowGeneration.

Find out more about how you can short GrowGeneration stock.

GrowGeneration share dividends

We're not expecting GrowGeneration to pay a dividend over the next 12 months.

GrowGeneration share price volatility

Over the last 12 months, GrowGeneration's shares have ranged in value from as little as $2.62 up to $43.14. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while GrowGeneration's is 3.1145. This would suggest that GrowGeneration's shares are significantly more volatile than the average for this exchange and represent a higher risk.

GrowGeneration overview

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company also operates GrowGen.Pro, an online e-commerce store. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 27, 2020, it operated a chain of 27 retail and commercial hydroponic/gardening centers, including 5 locations in Colorado, 4 locations in California, 4 locations in Michigan, 2 locations in Nevada, 1 location in Washington, 1 location in Oregon, 4 locations in Oklahoma, 1 location in Rhode Island, 3 locations in Maine, 1 location in Florida, 1 distribution center in California, and an online e-commerce store. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is headquartered in Denver, Colorado.

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