22nd Century Group

22nd Century Group (XXII) is a plant biotechnology company that’s focused on developing technologies to manage the nicotine content in tobacco plants and the cannabinoids in cannabis plants using gene editing and plant breeding technologies.

Analyzing 22nd Century Group’s Year-to-Date Performance

The chart above compares 22nd Century Group’s revenues over the last few years and its estimate for 2018.

Estimate for 2018

Analysts expect 22nd Century Group to report revenue of $23.3 million in 2018, a 40.3% rise compared to $16.6 million in 2017.

Analysts’ recommendations

Analysts expect the stock’s price to rise ~337% in the next 12 months. Their consensus recommendation shows a 12-month target price of $11.50 for the stock compared to its price of $2.63 on November 8.

Only one analyst is tracking 22nd Century Group. This analyst recommends a “buy” on the stock. The consensus rating for 22nd Century Group stands at 2.00, which represents a “strong buy” for long-term growth investors as well as for value investors.

Market cap

22nd Century Group’s market cap is ~$327.2 million as of November 9. The company has ~124.4 million shares outstanding. Of these, its free float shares total ~108.98 million, nearly 87.62% of its total outstanding shares. Institutions hold ~28.6% of its total shares, while strategic entities own ~12.37%.

The iShares Russell 2000 ETF (IWM) holds 0.01% in 22nd Century Group, 0.03% in Cara Therapeutics (CARA), 0.02% in Corbus Pharmaceuticals Holdings (CRBP), and 0.01% in Insys Therapeutics (INSY).

Latest articles

21 May

Trump’s Huawei Ban Pulls Down US Chip Stocks

WRITTEN BY Scarlett Ness

Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.

21 May

Snap Is Making Up for Last Year


This year has been a great one for Snapchat parent Snap (SNAP), and its stock has nearly doubled.

Coca-Cola (KO) will offer a limited edition of its of New Coke cans beginning May 23 as part of its partnership with Netflix’s (NFLX) show Stranger Things.

21 May

Why Clorox Stock Is Underperforming Peers

WRITTEN BY Adrian Stevens

Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.

21 May

What JD Is Set to Get from Its Xinning Deal

WRITTEN BY Rachel Gunter

JD.com (JD) recently invested ~$55 million in purchase a ~10% stake in Jiangsu Xinning Modern Logistics, a Chinese logistics company focusing on the consumer electronics supply chain.

Today, the US stock market was on a path of recovery after starting the week on a bearish note yesterday.