Costa Group Stock Price Falls 4.5% in 2023.

March 18, 2023

Categories: Farm Products, Market PriceTags: , , Views: 16

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The Stock Price of Costa Group ($ASX:CGC) has decreased by 4.5% in 2023. This sharp decline in price has been met with much scrutiny and speculation, as the company had previously shown strong performance and growth in the past. The sudden shift in stock prices has resulted in investors being less confident in the future success of the Costa Group. This change in stock prices could be attributed to a variety of factors. The cannabis sector of the market, where Costa Group is a major player, has been particularly volatile as of late. This volatility could have caused investors to become more cautious when considering their investments in Costa Group. Additionally, the company has recently seen a number of high profile departures from its executive team, which may have scared away some potential shareholders. It is uncertain at this time how the company will respond to this decline and what steps they will take to regain investor confidence.

However, it is important to note that these types of changes have been seen before in the cannabis sector, and that Costa Group’s long-term performance remains to be seen.

Share Price

At the opening of trading, the stock was priced at AU$2.4, but by the close it had dropped to the same price. This has caused concern amongst the company’s shareholders and the wider market, raising questions over how the company will perform in the future. Analysts have suggested that investors and shareholders should closely monitor the performance of the Costa Group over coming weeks and months, as this fluctuation in stock price could be indicative of larger market trends. Furthermore, it may suggest that the company is facing difficulties and that its management team need to take steps to ensure that the stock remains stable over time.

Overall, the 4.5% fall in Costa Group’s stock price on Friday has certainly raised some eyebrows and has led to some uncertainty regarding its future prospects. It is therefore essential that investors and shareholders closely monitor the company’s performance closely in the coming weeks and months in order to get a better understanding of its financial situation. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Costa Group. More…

    Total Revenues Net Income Net Margin
    1.35k 33.63 2.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Costa Group. More…

    Operations Investing Financing
    138.25 -101.72 -11.62
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Costa Group. More…

    Total Assets Total Liabilities Book Value Per Share
    2.06k 1.24k 1.65
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Costa Group are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    8.8% 26.5% 4.7%
    FCF Margin ROE ROA
    2.4% 5.0% 1.9%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we recently conducted an analysis of COSTA GROUP‘s wellbeing. Our Risk Rating gave COSTA GROUP a medium risk investment rating in terms of financial and business aspects. We detected one risk warning in their balance sheet during our analysis, and recommend that those interested in understanding this warning become registered users of our platform. This will allow them to access more detailed information and better understand the risks involved with investing in COSTA GROUP. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    Costa Group Holdings Ltd is one of Australia’s leading horticulture and food companies. It competes with Lynch Group Holdings Ltd, Inghams Group Ltd, and CALBEE Inc in the industry. These companies all strive to provide quality fruit and vegetables, poultry products, and processed snacks to their consumers. While all four companies have their own unique offerings, Costa Group Holdings Ltd stands out for its commitment to sustainability and innovation.

    – Lynch Group Holdings Ltd ($ASX:LGL)

    Lynch Group Holdings Ltd is a financial holding company that provides services across the global capital markets. The company operates through four divisions: Investment Banking, Asset Management, Global Markets and Corporate Advisory. As of 2023, Lynch Group Holdings has a market cap of 211.17 million and a Return on Equity of 3.0%. The market capitalization of the company is an indication of its size and reflects the overall value of its stock. Moreover, the Return on Equity ratio reveals how much profit the company generates relative to its equity base. The higher the ratio, the better the profitability of the company.

    – Inghams Group Ltd ($ASX:ING)

    Inghams Group Ltd is a poultry producer and processor based in Australia. The company has a market cap of 1.14B as of 2023. With its revenue estimated at 2.3B, it has an impressive Return on Equity (ROE) of 9.88%. The market cap is indicative of the company’s ability to maintain a strong financial position and stability. Its ROE reflects the company’s ability to generate returns on its shareholders’ investments, thus providing a sound basis for future growth.

    – CALBEE Inc ($TSE:2229)

    CALBEE Inc is a Japanese food company that specializes in snacks such as potato chips and corn snacks. As of 2023, the company has a market cap of 344.5B, indicating investors are confident in the company’s future success. The company also has an impressive Return on Equity (ROE) of 8.4%, which indicates the company is efficiently utilizing its resources to generate a return for shareholders. The combination of its high market cap and strong ROE make CALBEE Inc an attractive investment.


    COSTA GROUP is a stock that has declined by 4.5% in 2023, according to current market analysis. Investors should take into consideration the company’s financial performance over the past few years and assess its long-term growth potential. A thorough analysis of its financials, competitive environment, and macroeconomic trends can help shed light on whether the stock is worth investing in. A review of its dividend policy and the management’s attitude towards dividends can also be beneficial in evaluating the stock.

    On top of that, investors should keep an eye out for any news announcements that may impact the stock price. Overall, investors should carefully research the company and its industry before investing in COSTA GROUP stock.

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