KushCo (OTCMKTS:KSHB) PT Raised to $2.25 at Roth Capital

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KushCo (OTCMKTS:KSHB) had its price target boosted by equities researchers at Roth Capital from $2.00 to $2.25 in a research note issued on Tuesday, AnalystRatings.net reports. The firm presently has a “buy” rating on the stock. Roth Capital’s price objective would suggest a potential upside of 101.79% from the stock’s current price.

Separately, Zacks Investment Research cut shares of KushCo from a “hold” rating to a “sell” rating in a report on Wednesday, January 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $1.50.

OTCMKTS KSHB opened at $1.12 on Tuesday. KushCo has a twelve month low of $0.30 and a twelve month high of $2.18. The stock has a market cap of $147.28 million, a price-to-earnings ratio of -1.62 and a beta of 1.94. The firm’s 50 day moving average price is $0.91 and its two-hundred day moving average price is $0.72.

KushCo (OTCMKTS:KSHB) last posted its quarterly earnings data on Sunday, January 10th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.01. KushCo had a negative net margin of 68.22% and a negative return on equity of 49.15%. On average, equities research analysts expect that KushCo will post -0.13 earnings per share for the current fiscal year.

KushCo Company Profile

KushCo Holdings, Inc markets and sells packaging products, vaporizers, solvents, accessories, and branding solutions to customers operating in the regulated medical and adult recreational cannabis and hemp-derived cannabidiol (CBD) industries in the United States, Canada, and internationally. Its principal products include bottles, jars, bags, tubes, containers, vape cartridges, vape batteries and accessories, labels and processing supplies, solvents, natural products, stainless steel tanks, and custom branded anti-counterfeit and authentication labels.

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