GrowGeneration (NASDAQ:GRWG) Trading Down 2.6% – Time to Sell?

GrowGeneration Corp. (NASDAQ:GRWG)’s stock price was down 2.6% during mid-day trading on Thursday . The stock traded as low as $1.51 and last traded at $1.52. Approximately 402,796 shares traded hands during trading, a decline of 14% from the average daily volume of 469,875 shares. The stock had previously closed at $1.56.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on GRWG shares. Wall Street Zen raised GrowGeneration from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of GrowGeneration in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, GrowGeneration presently has a consensus rating of “Hold” and an average target price of $2.50.

GrowGeneration Price Performance

The company has a 50 day simple moving average of $1.69 and a 200-day simple moving average of $1.31. The stock has a market cap of $90.85 million, a P/E ratio of -1.85 and a beta of 3.08.

GrowGeneration (NASDAQ:GRWG) last posted its quarterly earnings data on Monday, August 11th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. GrowGeneration had a negative return on equity of 34.92% and a negative net margin of 29.84%.The firm had revenue of $40.96 million during the quarter, compared to analysts’ expectations of $40.96 million. GrowGeneration has set its Q3 2025 guidance at EPS. As a group, research analysts expect that GrowGeneration Corp. will post -0.58 earnings per share for the current year.

Institutional Trading of GrowGeneration

Hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in shares of GrowGeneration in the 1st quarter worth approximately $27,000. Catalyst Funds Management Pty Ltd bought a new stake in shares of GrowGeneration in the 2nd quarter worth approximately $25,000. Engineers Gate Manager LP bought a new stake in shares of GrowGeneration in the 2nd quarter worth approximately $26,000. XTX Topco Ltd bought a new stake in GrowGeneration in the second quarter worth $55,000. Finally, Bank of America Corp DE lifted its stake in GrowGeneration by 36.7% in the fourth quarter. Bank of America Corp DE now owns 60,104 shares of the company’s stock worth $102,000 after purchasing an additional 16,132 shares during the last quarter. Institutional investors own 36.02% of the company’s stock.

GrowGeneration Company Profile

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.