Hexo Corp

HEXO-T

TSE:HEXO

7.39
0.29 (4.08%)
Hexo Corp, formerly Hydropothecary Corp, is a Canada-based company that creates and distributes products to serve the Canadian cannabis market. The Company operates with an approximately 300,000 square feet of production capacity. The Company serves the adult-use market under the HEXO brand, while it serves its medical cannabis clients through the Hydropothecary brand.
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Analysis and Opinions about HEXO-T

Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
April 13, 2021
(A Top Pick Dec 15/20, Up 36.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HEXO has triggered its stop at $7.50. To be disciplined, we recommend covering the position. Combined with the previous recommendation to cover 50%, this will create a net investment return of 36%.
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Hexo Corp (HEXO-T)
April 13, 2021
(A Top Pick Dec 15/20, Up 36.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HEXO has triggered its stop at $7.50. To be disciplined, we recommend covering the position. Combined with the previous recommendation to cover 50%, this will create a net investment return of 36%.
PAST TOP PICK
PAST TOP PICK
March 9, 2021
(A Top Pick Dec 15/20, Up 59.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HEXO has been progressing well. We are now recommending to trail up the stop to $7.50 (from $4.50), where we recommended covering 50% of the position previously. If triggered, this would ensure a minimum investment return exceeding 36%.
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Hexo Corp (HEXO-T)
March 9, 2021
(A Top Pick Dec 15/20, Up 59.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HEXO has been progressing well. We are now recommending to trail up the stop to $7.50 (from $4.50), where we recommended covering 50% of the position previously. If triggered, this would ensure a minimum investment return exceeding 36%.
PAST TOP PICK
PAST TOP PICK
January 19, 2021
(A Top Pick Dec 15/20, Up 36.8%)Stockchase Research Editor: Michael O'Reilly Following a 4:1 stock consolidation last month, which effectively made our recommended acquisition cost be $5.48, our PAST TOP PICK with HEXO has achieved its equivalent target of $7.50. We are recommending to cover 50% of the position to remain disciplined. We are also suggesting to trail up the stop to $4.50.
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Hexo Corp (HEXO-T)
January 19, 2021
(A Top Pick Dec 15/20, Up 36.8%)Stockchase Research Editor: Michael O'Reilly Following a 4:1 stock consolidation last month, which effectively made our recommended acquisition cost be $5.48, our PAST TOP PICK with HEXO has achieved its equivalent target of $7.50. We are recommending to cover 50% of the position to remain disciplined. We are also suggesting to trail up the stop to $4.50.
TOP PICK
TOP PICK
December 15, 2020
Stockchase Research Editor: Michael O'Reilly HEXO is a Canadian cannabis grower. Not the largest, but positioned as a key player in Quebec, which is moving towards opening more outlets. Now that issues of market oversupply and cash burn are being worked out in the Canadian market, the space is looking more positive. Revenue for the company is up over 100% over the year. Margins at 39% continue improving every quarter. Although not profitable yet, the company sits on over $150 million in cash. We would buy this with a stop-loss at $0.85, looking to target $1.85 -- over 35% upside. Yield 0% (Analysts’ price target is $1.60)
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Hexo Corp (HEXO-T)
December 15, 2020
Stockchase Research Editor: Michael O'Reilly HEXO is a Canadian cannabis grower. Not the largest, but positioned as a key player in Quebec, which is moving towards opening more outlets. Now that issues of market oversupply and cash burn are being worked out in the Canadian market, the space is looking more positive. Revenue for the company is up over 100% over the year. Margins at 39% continue improving every quarter. Although not profitable yet, the company sits on over $150 million in cash. We would buy this with a stop-loss at $0.85, looking to target $1.85 -- over 35% upside. Yield 0% (Analysts’ price target is $1.60)
DON'T BUY
DON'T BUY
June 2, 2020

Careful buying any weed stocks. Hard to get a handle on valuations here. Hexo has a deal with Molson-Coors to produce a cannabis beverage. No weed company is attractive. He'd rather buy a Canadian or American bank which hold real value.

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Hexo Corp (HEXO-T)
June 2, 2020

Careful buying any weed stocks. Hard to get a handle on valuations here. Hexo has a deal with Molson-Coors to produce a cannabis beverage. No weed company is attractive. He'd rather buy a Canadian or American bank which hold real value.

BUY
BUY
February 13, 2020

They each have their own strengths. He would pick Canopy (WEED-T) because they are the 800 lb gorilla. Aurora has lots of news about balance sheet challenges but they have low costs that he thinks will still come down further.

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Hexo Corp (HEXO-T)
February 13, 2020

They each have their own strengths. He would pick Canopy (WEED-T) because they are the 800 lb gorilla. Aurora has lots of news about balance sheet challenges but they have low costs that he thinks will still come down further.

Bruce Campbell (2)
Price
$1.650
Owned
Unknown
DON'T BUY
DON'T BUY
November 25, 2019
He avoids the cannabis space now. (He owned some early on.) The market here is too small here. He's keeping tabs on some names. It's still tax-loss selling now. He needs to see how these companies will be profitable. He'd rather buy the US weed stocks--a bigger market there. Avoid this space.
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Hexo Corp (HEXO-T)
November 25, 2019
He avoids the cannabis space now. (He owned some early on.) The market here is too small here. He's keeping tabs on some names. It's still tax-loss selling now. He needs to see how these companies will be profitable. He'd rather buy the US weed stocks--a bigger market there. Avoid this space.
Peter Imhof
Price
$2.850
Owned
No
PAST TOP PICK
PAST TOP PICK
June 28, 2019
(A Top Pick May 10/18, Up 42%) They've executed on time and on budget. Watch them when the derivatives market rolls out in October. They have a big supply deal for Quebec. A strong take-out candidate.
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Hexo Corp (HEXO-T)
June 28, 2019
(A Top Pick May 10/18, Up 42%) They've executed on time and on budget. Watch them when the derivatives market rolls out in October. They have a big supply deal for Quebec. A strong take-out candidate.
HOLD
HOLD
May 31, 2019
He owns a little along with warrants. They have a better valuation than some of the bigger players. They specialize in sprays and edible marijuana. He would be cautious about this space though. (Analysts’ price target is $11.50)
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Hexo Corp (HEXO-T)
May 31, 2019
He owns a little along with warrants. They have a better valuation than some of the bigger players. They specialize in sprays and edible marijuana. He would be cautious about this space though. (Analysts’ price target is $11.50)
James Hodgins
Price
$8.670
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 1, 2019
(A Top Pick May 10/18, Up 112%) It was flying under the radar last year, but then they struck a supply deal with Quebec. They continue to execute well. They're looking for a new CFO as they enter a major production phase.
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Hexo Corp (HEXO-T)
May 1, 2019
(A Top Pick May 10/18, Up 112%) It was flying under the radar last year, but then they struck a supply deal with Quebec. They continue to execute well. They're looking for a new CFO as they enter a major production phase.
DON'T BUY
DON'T BUY
March 29, 2019
He does not cover the marijuana sector specifically but he does follow the sector. Generally, their revenues have been coming in far below guidance. They are priced on very high expectations. Need to be careful in this space. He expects there could be a lot more volatility.
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Hexo Corp (HEXO-T)
March 29, 2019
He does not cover the marijuana sector specifically but he does follow the sector. Generally, their revenues have been coming in far below guidance. They are priced on very high expectations. Need to be careful in this space. He expects there could be a lot more volatility.
Ryan Modesto
Price
$8.830
Owned
No
SELL STRENGTH
SELL STRENGTH
February 22, 2019
Definitely not a buy and hold, but a trader stock. It has a good chance of returning to its past high of $9-10. Because of recent extreme highs and lows, shareholders who bought this high will sell-off when HEXO returns to its past high in order to break even. Sell it at $9.
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Hexo Corp (HEXO-T)
February 22, 2019
Definitely not a buy and hold, but a trader stock. It has a good chance of returning to its past high of $9-10. Because of recent extreme highs and lows, shareholders who bought this high will sell-off when HEXO returns to its past high in order to break even. Sell it at $9.
Keith Richards
Price
$7.750
Owned
Unknown
COMMENT
COMMENT
January 30, 2019

Will it listing in the US change the price? They announced they will be on the US exchange shortly. Pricing will adjust for US/CAD exchange.

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Hexo Corp (HEXO-T)
January 30, 2019

Will it listing in the US change the price? They announced they will be on the US exchange shortly. Pricing will adjust for US/CAD exchange.

Bruce Campbell (2)
Price
$6.940
Owned
Unknown
DON'T BUY
DON'T BUY
January 28, 2019

We get confused that a Canadian company going to U.S. will create a U.S. audience, but suppose America doesn't like your company? He needs this to break above $7 and he expects it'll face resistance at $8.

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Hexo Corp (HEXO-T)
January 28, 2019

We get confused that a Canadian company going to U.S. will create a U.S. audience, but suppose America doesn't like your company? He needs this to break above $7 and he expects it'll face resistance at $8.

Elliott Fishman
Price
$6.930
Owned
Unknown
DON'T BUY
DON'T BUY
January 9, 2019

Doesn't own any of the marijuana producers, as the fundamentals don't warrant the prices. There will be a day of reckoning, which has probably already started. Large producers peaked before legalization, the small ones peaked last January/February. Reality check when these companies start missing sales and EBITDA, and the air pocket beneath the share price collapses, with a 50-60-70% downside. He'll reconsider when the dust settles, but that day is not today. (Analysts’ price target is $9.25)

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Hexo Corp (HEXO-T)
January 9, 2019

Doesn't own any of the marijuana producers, as the fundamentals don't warrant the prices. There will be a day of reckoning, which has probably already started. Large producers peaked before legalization, the small ones peaked last January/February. Reality check when these companies start missing sales and EBITDA, and the air pocket beneath the share price collapses, with a 50-60-70% downside. He'll reconsider when the dust settles, but that day is not today. (Analysts’ price target is $9.25)

Brian Madden
Price
$6.350
Owned
No
Showing 1 to 15 of 25 entries

Hexo Corp(HEXO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

Stockchase rating for Hexo Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hexo Corp(HEXO-T) Frequently Asked Questions

What is Hexo Corp stock symbol?

Hexo Corp is a Canadian stock, trading under the symbol HEXO-T on the Toronto Stock Exchange (HEXO-CT). It is usually referred to as TSX:HEXO or HEXO-T

Is Hexo Corp a buy or a sell?

In the last year, 4 stock analysts published opinions about HEXO-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Hexo Corp.

Is Hexo Corp a good investment or a top pick?

Hexo Corp was recommended as a Top Pick by Stockchase Research on 2021-04-13. Read the latest stock experts ratings for Hexo Corp.

Why is Hexo Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Hexo Corp worth watching?

4 stock analysts on Stockchase covered Hexo Corp In the last year. It is a trending stock that is worth watching.

What is Hexo Corp stock price?

On 2021-05-14, Hexo Corp (HEXO-T) stock closed at a price of $7.39.