In a report released today, Daniel Kurnos from Benchmark Co. maintained a Buy rating on Waitr Holdings Inc (WTRH), with a price target of $18. The company’s shares closed yesterday at $11.07.
According to TipRanks.com, Kurnos is a 5-star analyst with an average return of 13.9% and a 58.4% success rate. Kurnos covers the Services sector, focusing on stocks such as Nexstar Media Group Inc, Booking Holdings Inc, and Sinclair Broadcast.
Currently, the analyst consensus on Waitr Holdings Inc is a Moderate Buy with an average price target of $18.
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Based on Waitr Holdings Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $16.97 million. In comparison, last year the company had a GAAP net loss of $192.9K.
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Waitr Holdings, Inc. engages in an on-demand food ordering and delivery business. Its platform connects local restaurants to diners in underserved markets. The company’s mobile and desktop ordering platforms allow users to browse for local restaurants, customize menu items, and pay securely from mobile phones or computers.
