PYX - Pyxus International, Inc.

NYSE - NYSE Delayed Price. Currency in USD
23.07
+0.30 (+1.32%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close22.77
Open23.72
Bid0.00 x 2200
Ask0.00 x 800
Day's Range22.61 - 26.04
52 Week Range11.30 - 52.43
Volume4,787,037
Avg. Volume1,123,508
Market Cap209.498M
Beta (3Y Monthly)1.39
PE Ratio (TTM)N/A
EPS (TTM)-7.20
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2005-09-07
1y Target Est6.00
Trade prices are not sourced from all markets
  • TheStreet.com3 days ago

    Don't Just Sit There, Work the Trade

    The important thing to keep in mind when working a trade is that we are embracing the fact that we can't predict the future.

  • ACCESSWIRE4 days ago

    These 4 Marijuana Stocks Could Spark Activity

    Companies in the cannabis sector typically run into the issue of ascertaining credit because traditional banking institutions are restricted from working with them, given the federal legalities of it all. According to several top research firms, cannabis is set to be worth as much as $31 billion by the end of 2022, which means that there is quite a bit of room left to grow for companies in the space. As the cannabis market continues to traverse new territories, Nabis Holdings (INNPF) (NAB), Tilray Inc (TLRY), New Age Beverages Corporation (NBEV), and Pyxus International Inc (PYX) are four cannabis companies picking up speed on Friday.

  • Why Pyxus International Stock Is Jumping Today
    Motley Fool4 days ago

    Why Pyxus International Stock Is Jumping Today

    Investors' enthusiasm over the company's Q3 update earlier in the week kept the good times rolling for Pyxus.

  • PR Newswire5 days ago

    Pyxus International Announces Two New Appointments to Board of Directors

    MORRISVILLE, N.C. , Feb. 14, 2019 /PRNewswire/ -- Pyxus International, Inc. (NYSE: PYX), a global value-added agricultural company, announced today that it has appointed Daniel A. Castle , founder of Castle ...

  • Why Pyxus International’s EPS Fell in Q3 2019
    Market Realist5 days ago

    Why Pyxus International’s EPS Fell in Q3 2019

    Why Pyxus International Stock Rose Over 33% after Its Q3 Results(Continued from Prior Part)Third-quarter EPSCompared to its EPS of $9.83 in the third quarter of fiscal 2018, Pyxus International (PYX) reported EPS of -$0.56 in the third quarter of

  • Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks?
    InvestorPlace5 days ago

    Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks?

    Cannabis stocks are having a blistering start to 2019. The sector appeared to have peaked in the fall of 2018. As many had warned, marijuana stocks turned sharply lower following Canada's legalization going into effect in a classic "sell the news" event. However, since then, the tide has turned. This year, pot stocks are back with the sector ETF posting a 50% move off the lows. * 9 U.S. Stocks That Are Coming to Life Again Not surprisingly, this enthusiasm has carried both recreational and medicinal cannabis stocks higher. For today, let's focus on the medicinal space. The recreational plays have been getting more attention lately with all the blockbuster partnerships. However, there are some interesting business stories developing in the medical cannabis stock space as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSource: Shutterstock Aurora Cannabis (ACB)Aurora Cannabis (NYSE:ACB) is getting a ton of attention this week thanks to its recent earnings report. Aurora initially disappointed the market as its revenue numbers came in below expectations. This point raised some confusion. The company reported CAD $48 million in cannabis revenues, which was below expectations. Total revenues, which included a few other minor accounting items, hit CAD $54 million. That number beat analysts' outlooks.ACB stock initially dropped about 5% following earnings. Since then, it reversed course and traded higher. That makes sense; at the end of the day, it's the forward outlook that matters here, not a few million dollars of revenue this past quarter. On that note, the most solid bullish argument for ACB stock is that its patient base is surging. This quarter, it reported more than 73,000 active registered patients -- more than 200% growth from the same quarter last year.Of course, bears will point to the huge losses that Aurora is reporting. The company lost CAD $238 million, which blows the revenue figure of CAD $54 million out of the water. Some of these losses appear tied to ramping up operations. For the back half of the year, Aurora projects positive EBITDA, and much smaller net income losses. That, combined with relatively downbeat sentiment here, make ACB stock a buy within its sector. Do be careful though, Aurora needs to start posting much smaller losses as its customer base increases or investors will lose patience fairly quickly. GW Pharmaceuticals (GWPH)When it comes to medical cannabis stocks -- as opposed to the recreational lane -- GW Pharmaceuticals (NASDAQ:GWPH) is the king. GW Pharmaceuticals got involved with its epilepsy drug well before the flood of marijuana stocks hit the market last year.GW capitalized on its first-mover advantage by already securing FDA approval for its therapy while other cannabis stocks are still getting their operations up and going. The company has gotten widespread insurance coverage approval for its drug, Epidiolex. * The 7 Best Video Game Stocks to Power Up Your Portfolio! Earlier this year GW confirmed that the vast majority of both fee-for-service and managed- Medicaid providers will cover Epidiolex. Big private providers, such as Express Scripts (NASDAQ:ESRX) are on board as well. GW recently raised $300 million. That cash should give it plenty of runway to get Epidolex sales up and going while also funding its numerous other in-progress clinical trials. For a pureplay marijuana biotech stock, it's hard to top GWPH.Source: Shutterstock Cara Therapeutics (CARA)Cara Therapeutics (NASDAQ:CARA) is a bit more undercover as a cannabis stock. The company specializes in various therapeutic treatment alternatives that can serve as alternatives to opioids. As we've seen in recent months, opioids are a crisis in America. An estimated 30,000 people or so die from overdoses every year.This opens an opportunity for Cara, which I previously described. As it is, Cara has various drug therapies in development for pain management. Some of these involve cannabinoids, although its lead clinical candidate does not. In any case, with China increasingly in the news, CARA stock should shine as doctors look for alternatives to dangerous traditional opioids. CARA stock is up from $12 to $17 recently and could rise a lot farther once it picks up more backers from the medical marijuana stock community.Source: Shutterstock KushCo Holdings (KSHB)KushCo Holdings (OTCMKTS:KSHB) is arguably the clearest medical marijuana distribution play in the United States at this time. The company used to be called Kush Bottles, which shows the company's main product line. However, KushCo has branched out past just packaging to provide a variety of supplies for medicinal marijuana sales. By partnering with more than 5,000 pharmacies and dispensaries around the world, KushCo has established a powerful first-mover advantage in its field.That said, there are reasons for caution with KSHB stock. You might think that this is a cheap stock. It is trading for less than $6 and is not listed on a major stock exchange. Despite those factors, KushCo has a market cap of more than $500 million, as the company has issued many shares to fund its growth. * The 3 Best Chinese Stocks to Buy for a Long-Term Portfolio As appealing as the "picks and shovels" play on the marijuana industry sounds, KSHB stock comes with risks. That $500 million market cap is backed by just $50 million or so in current assets, putting a 10x valuation multiple on its property, inventory, cash, and so on. Also, you should take note of the company's gross margin. Its gross margin has plummeted from 35% to 13% in recent quarters, resulting in KushCo making increasingly large losses despite growing revenues. KushCo has an interesting business model and a strong advantage from its robust distribution partnerships. But it needs to start showing that the business can turn profits before the stock can find further upside.Source: Shutterstock Pyxus International (PYX)What happens when a struggling more-than-century old tobacco company turns itself into a marijuana play? The stock soars. Meet the company previously called Alliance One, now known as Pyxus International (NYSE:PYX). For the past two decades or so, Alliance One showed flat to declining revenues as its tobacco business declined. So, last summer, using the hemp workaround to avoid legal issues, Pyxus pivoted to the marijuana market and changed its name, and PYX stock flew.In fact, PYX stock soared from $13 at the start of 2018 to as high as $40, aided by favorable calls from the likes of Citron Research, among others. But the enthusiasm wouldn't last long. Once investors came to their senses, they saw that Pyxus remained heavily in debt and stuck to its legacy tobacco business which faces uncertain prospects going forward. There are a lot of cannabis stocks out there; there aren't many that have more than a billion in debt like Pyxus does.PYX stock soared more than 30% on Tuesday following its earnings report. The market clearly liked what it saw, starting with nearly 10% revenue growth. But the company continues to lose large amounts of money. It reported a GAAP EPS loss of 56 cents per share. It will need a far bigger turnaround to justify anything close to its current share price. The recent share price spike offers speculators an ideal opportunity to sell PYX stock.Source: Shutterstock GB Sciences (GBLX)GB Sciences (OTCMKTS:GBLX) is -- in one way similar -- to KushCo. Despite trading on the Pink Sheets and having a tiny share price, GBLX stock isn't necessarily undervalued. GBLX stock, in fact, sells for under a quarter but, due to a large share count, has a market cap of almost $60 million.I don't want to pick on GBLX stock in particular, as there are a bunch of medical cannabis stocks like GBLX. But it's worth noting one like this to see the pattern. You find a bunch of these, companies that are attached to whatever the current trend is popular but don't have many resources of their own. * Buy Medical Marijuana Stocks for Legal Pot's Next Leg Up In the case of GB Sciences, they had just $3 million in cash as of their last quarterly report. That's not a good sign, as the company has $2.1 million in current liabilities and more than $8 million in total obligations. That will make it hard for the company to achieve its goals in terms of studying Parkinson's and other serious diseases. Yes, GB will put out more press releases and garner more media attention, but without far more cash, the stock isn't going anywhere in the long run. GBLX stock plummeted from a high of 80 cents to just 14 cents last year. If you're already long, take advantage of the recent rebound to get out at 24 cents -- GBLX will likely go a lot lower in coming months.Source: Shutterstock Lexaria Bioscience (LXRP)Lexaria Bioscience (OTCMKTS:LXRP), like GB Science, is a penny stock on the Pink Sheets exchange. However, LXRP has a lot more credibility and gives us a good example of the contrast between an investable speculation and a risky gamble. Lexaria is a higher-quality medical cannabis stock because it has a strong backer: Altria (NYSE:MO).Altria famously lifted Cronos (NASDAQ:CRON) into the big leagues with its massive investment at $12/share. CRON stock went on to hit $25. Altria got a lot less attention with its recent investment in Lexaria, but it may end up having a similar effect. Earlier this year, Altria agreed to invest up to $12 million into Lexaria.Why did it do that? Lexaria has a novel patented technique for oral delivery of drugs. Obviously, this potentially has a huge market in the medicinal marijuana space. As it is, Altria has validated the technology by investing in it and seeking to commercialize it for nicotine. At $1.30 a share and a $100 million market cap, LXRP stock is still highly speculative. But unlike many medical cannabis stocks, Lexaria has promising technology and enough financial backing to potentially deliver strong results for its investors.At the time of this writing, Ian Bezek owned MO stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 7 Forever Stocks to Buy for Long-Term Gains * 5 Self-Driving Car Stocks to Buy Compare Brokers The post Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? appeared first on InvestorPlace.

  • What Drove Pyxus International’s Revenue in Q3 2019?
    Market Realist5 days ago

    What Drove Pyxus International’s Revenue in Q3 2019?

    Why Pyxus International Stock Rose Over 33% after Its Q3 Results(Continued from Prior Part)Third-quarter revenue In the third quarter of fiscal 2019, Pyxus International (PYX) posted revenue of $524.5 million, a rise of 9.8% from $477.8 million in

  • Why Pyxus International Stock Rose Over 33% after Its Q3 Results
    Market Realist6 days ago

    Why Pyxus International Stock Rose Over 33% after Its Q3 Results

    Why Pyxus International Stock Rose Over 33% after Its Q3 ResultsThird-quarter performance Pyxus International (PYX) posted its fiscal 2019 third-quarter earnings results after the market closed on February 11. In the quarter, which ended on December

  • ACCESSWIRE6 days ago

    4 Marijuana Stocks Soaring High On Wednesday (2/13/19)

    Premier Health Group (OTC:PHGRF) (CSE:PHGI), Aurora Cannabis Inc (NYSE: ACB, TSX: ACB), Pyxus International Inc (PYX), and Canopy Growth Corp (CGC) represent four cannabis companies determined to advance their industry into the future. Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company determined to meet the challenges of our ever-evolving healthcare system. The Company's subsidiary, HealthVue, currently boasts an ecosystem of over 100,000 active patients and plans to rapidly increase that number both domestically and internationally.

  • Thomson Reuters StreetEvents6 days ago

    Edited Transcript of PYX earnings conference call or presentation 11-Feb-19 10:30pm GMT

    Q3 2019 Pyxus International Inc Earnings Call

  • TheStreet.com6 days ago

    Tuesday's Rally Was Driven Mostly by Technical Conditions

    News that the Senate was close to agreeing on a border deal that would avert a second government shutdown received the credit for a fast and furious rally today. The momentum slowed in the afternoon and there was no ramp up in the last 45 minutes for the first time in 15 sessions, but there were no notable pullbacks during the day.

  • Pyxus Options Hot After Earnings, Korent Update
    Schaeffer's Investment Research6 days ago

    Pyxus Options Hot After Earnings, Korent Update

    Speculators are targeting more short-term upside for PYX stock

  • InvestorPlace6 days ago

    Should You Chase the Big Rally In Pyxus Stock?

    Shares of Pyxus (NYSE:PYX) roared higher on Feb. 12, after the global agricultural company reported third-quarter numbers that largely impressed investors and implied that new growth initiatives may finally be taking hold. As of this writing, Pyxus stock is up more than 25% on the day.To be sure, Pyxus stock was roughly 70% off its 52-week highs heading into the Q3 print. As such, the natural question here is as follows: Is this big rally legit, or is it simply a dead cat bounce?I'm inclined to say the latter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPyxus belongs in the basket of cannabis hype stocks that went parabolic in late 2018 during the cannabis craze. That bubble popped. PYX stock dropped. Ever since then, there has been a clear divergence in cannabis winners and losers. Some pot stocks have rallied back to all-time highs on continued positive developments. See Canopy (NYSE:CGC). Others haven't, and Pyxus belongs in that group.There's a reason for that: The cannabis side of the Pyxus business is very small, and it's pretty much the only part that has healthy long-term growth potential. Total revenues are struggling to head consistently higher, margins are under pressure and leverage is a problem. * 10 Stocks That Every 20-Year-Old Should Buy In other words, there are a lot of red flags here. Third-quarter numbers didn't fully address those red flags. So long as those red flags hang around, Pyxus stock will remain volatile and it will struggle to hold onto gains. Third-Quarter Numbers Were Good EnoughMy overall interpretation on PYX's third-quarter earnings report was that it was good enough to showcase that this business isn't completely worthless.Heading into the print, Pyxus had a market cap of just $150 million. To put that in context, revenues this year are expected north of $1.8 billion, while adjusted EBITDA is expected at $155 million. Thus, heading into the Q3 earnings report, Pyxus stock was being valued at a market cap less than this year's projected EBITDA.Against that valuation backdrop, Pyxus' numbers simply needed to be "not horrible" in order to warrant a pop in Pyxus stock.They weren't horrible. Revenues rose nearly 10% year-over-year, after dropping 12% in the previous quarter. Gross margins fell back, but not by as much last quarter. New growth initiatives showed promise, including double-digit revenue growth from the e-liquids category. The guide didn't get decimated.Overall, it was a decent quarter, and considering the anemic valuation heading into the print, decent was good enough to cause a 20% pop in PYX stock. Red Flags RemainThis set up is tempting to buy into. You have a cannabis hype stock that lost all its hype, but it's now starting to get some back. The valuation is ostensibly attractive. The long-term upside is potentially enormous through increased cannabis exposure. You also have massive short interest.Overall, I can see why someone would want to but into this Pyxus stock rally. If cannabis fever strikes Pyxus investors again, this stock could easily keep running higher for a little while longer.But, that rally won't last. And, it won't last because there are fundamental issues here. Namely, this company is only 3% cannabis and new growth initiatives. It's 97% tobacco, and that 97% is facing secular headwinds. Meanwhile, margins are falling, and EBITDA margins are expected to be just 8% this year. Revenues have been on a downtrend for five years. * The 7 Best Video Game Stocks to Power Up Your Portfolio! Above all else, there's a mountain of debt on the balance sheet. Net debt in the third-quarter totaled just under $1.3 billion. EBITDA over the past twelve months is just over $150 million. Thus, Pyxus has a scary net debt to EBITDA ratio of over 8. That's unsustainable, and implies tremendous risk.Overall, the long-term challenges facing Pyxus were not fully addressed by decent third-quarter numbers. As such, this rally looks more like a dead cat bounce than the beginning of a big turnaround. Bottom Line on PYX StockFor risk-adverse investors, Pyxus is a cannabis hype stock that you should probably forget about. For investors looking for exposure to the cannabis sector, consider buying Canopy on a dip instead. And, for investors looking for a breakout stock, take a look at these stocks instead. Bottom line: Pyxus stock is a speculative long that isn't worth the risk at current levels.As of this writing, Luke Lango was long CGC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post Should You Chase the Big Rally In Pyxus Stock? appeared first on InvestorPlace.

  • ACCESSWIRE7 days ago

    4 Healthcare Stocks Looking To Set February Highs

    CORAL GABLES, FL / ACCESSWIRE / February 12, 2019 / The healthcare stock market's success is intrinsically connected to victories of companies working in the healthcare industry. With the advent of new medical technologies and an influx of doctors considering alternative forms of treatment previously thought to be ineffective, the healthcare industry is buzzing with excitement. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Aurora Cannabis Inc (NYSE: ACB, TSX: ACB), Pyxus International Inc (PYX), and Proteon Therapeutics Inc (PRTO) represent four healthcare companies operating with the consumer's best interests in mind.

  • CNW Group7 days ago

    FIGR, Inc. Strengthens Leadership Team with Two Senior Executive Appointments

    FIGR, Inc. Strengthens Leadership Team with Two Senior Executive Appointments

  • Benzinga7 days ago

    Pyxus Reports Q3 Results, Provides Update On Cannabis Operations

    International agricultural company Pyxus International Inc. (NYSE: PYX), which also has extensive cannabis operations, reported its financial results for the fiscal third quarter after Monday's closing bell. Pyxus said its third-quarter earnings amounted to $524.5 million, up by 9.8 percent on the year. Last year, Pyxus announced its "One Tomorrow" transformation strategy.

  • Associated Press7 days ago

    Pyxus: Fiscal 3Q Earnings Snapshot

    On a per-share basis, the Morrisville, North Carolina-based company said it had a loss of 56 cents. The tobacco company posted revenue of $524.5 million in the period. Pyxus shares have increased 46 percent ...

  • PR Newswire7 days ago

    Pyxus International, Inc. Reports Third Quarter Results

    One year since the launch of its 'One Tomorrow' transformation plan, Pyxus continues to successfully advance its strategic growth initiatives and reports strongest third quarter sales in four years MORRISVILLE, ...

  • PR Newswire8 days ago

    Pyxus International, Inc. to Announce Third Quarter Fiscal Year 2019 Financial Results on February 11, 2019

    MORRISVILLE, N.C., Feb. 11, 2019 /PRNewswire/ -- Pyxus International, Inc. (PYX), a global value-added agricultural company, today announced that it will hold a conference call to review financial results for its third quarter ended December 31, 2018, on Monday, February 11 at 5:30 P.M. ET. A live audio webcast of the call will also be available through the Pyxus International website at www.pyxusintl.com. Any replay, rebroadcast, transcript or other reproduction of this conference call, other than the replay accessible by calling the number above, has not been authorized by Pyxus International and is strictly prohibited.

  • ACCESSWIRE10 days ago

    These 4 Marijuana Stocks Could Be Positioned For A Big Month

    CORAL GABLES, FL / ACCESSWIRE / February 8, 2019 / The marijuana stock market, as many have come to recognize, has existed for a short period of time relative to other more established markets. Due to this fact, there have been quite a bit of volatility surrounding companies in the cannabis industry. As we continue to move through the month of February, the hope is that the cannabis industry will recognize even more gains in the future.

  • TheStreet.com12 days ago

    Think Opportunistically While You Navigate This Action

    Although many market players root for stocks to go straight up every day, it is refreshing from a trading standpoint to have some periodic bouts of weakness. There was one good intraday bounce so far which has been the pattern lately but what will be key is if intraday lows are breached and the indices do not rally in the last hour. The indices are hitting new intraday lows on headlines that Larry Kudlow is saying that there is a pretty sizable distance to go in the China trade talks.

  • TheStreet.com12 days ago

    We Just Had One of the Choppiest Days of Action So Far This Year

    Last hour strength for the eleventh day in a row kept the indices fairly flat but it was one of the choppiest days of actions we have had so far this year. The swings were not big but things moved up an down several times intraday.

  • ACCESSWIRE13 days ago

    These Marijuana Stocks Should Be On Your Radar

    Although society has progressed much further in terms of recognizing the potential benefits of cannabis, there are still individuals who have yet to come to terms with the fact that more people are supportive of legalization. As a result of the recent passing of laws like the US Farm Bill, as well as Canada's country-wide legalization, individuals who would otherwise scoff at the cannabis industry, have now been brought into the fold due to the excitement surrounding the industry. Nabis Holdings (INNPF) (NAB), Amyris Inc (AMRS), InMed Pharmaceuticals Inc (IMLFF) (IN.TO), and Pyxus International Inc (PYX) are four cannabis companies working towards improving the quality of life for their consumers.

  • CNW Group14 days ago

    FIGR, Inc. Continues Expansion with First Cannabis Harvest in Ontario

    SIMCOE, ON , Feb. 4, 2019 /CNW/ - FIGR, Inc. a vertically-integrated legal cannabis company, is pleased to announce that today its Simcoe -based facility, FIGR Norfolk (licensed as Goldleaf Pharm, Inc.), completed its first cannabis harvest. This is the first crop to be harvested outside of the company's facility in Charlottetown, Prince Edward Island . After weeks of cultivation in one of FIGR Norfolk's four grow rooms, the crop was harvested.

  • 'Blank check' leads to public listing for MJ Freeway
    American City Business Journals17 days ago

    'Blank check' leads to public listing for MJ Freeway

    As Colorado cannabis companies head to Canada, using reverse takeovers as a mechanism to go public, MJ Freeway is taking a different approach to getting on the U.S. stock exchange. The cannabis-focused compliance and inventory management software company announced late in 2018 its entry into a definitive merger agreement with special purpose acquisition company (SPAC) MTech Acquisition Corp (NASDAQ: MTEC). “The best way to think about it is, they’re a ‘blank-check company,’” said MJ Freeway Co-Founder and CEO Jessica Billingsley, explaining further that SPACs like MTech go live on exchanges with the intent of acquiring a well-run firm, typically in a certain targeted industry — in this case cannabis.