Zacks rating, quote: HEXO Corp. - Sell
Zacks' proprietary data indicates that HEXO Corp. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the HEXO shares relative to the market in the next few months. In addition, HEXO Corp. has a VGM Score of D (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Valuation metrics show that HEXO Corp. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of HEXO, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.