Northland Securities analyst Greg Gibas maintained a Hold rating on KushCo Holdings (KSHB) today and set a price target of $1.50. The company’s shares closed last Wednesday at $1.57.
According to TipRanks.com, Gibas is ranked #175 out of 7331 analysts.
KushCo Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $1.88.
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Based on KushCo Holdings’ latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $26.76 million and GAAP net loss of $4.45 million. In comparison, last year the company earned revenue of $34.96 million and had a GAAP net loss of $12.51 million.
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KushCo Holdings, Inc. engages in the marketing and sale of packaging products and solutions to customers operating in the regulated medical and recreational cannabis industries. Its brands include Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions. The company was founded by Dallas Imbimbo, John Kovacevich, Nicholas Kovacevich, and Jeffrey Meng on December 15, 2010 and is headquartered in Cypress, CA.
