Cresco Labs Inc. (OTCMKTS:CRLBF – Free Report) – Stock analysts at Ventum Cap Mkts issued their FY2026 earnings per share estimates for Cresco Labs in a research note issued to investors on Monday, November 11th. Ventum Cap Mkts analyst A. Semple expects that the company will earn ($0.06) per share for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for Cresco Labs’ current full-year earnings is ($0.19) per share.
Several other equities research analysts have also recently issued reports on the company. Needham & Company LLC reissued a “hold” rating on shares of Cresco Labs in a research note on Monday, August 12th. Roth Capital upgraded Cresco Labs to a “strong-buy” rating in a report on Sunday, November 10th. Finally, Cormark cut Cresco Labs from a “moderate buy” rating to a “hold” rating in a research report on Monday. Three research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $2.50.
Cresco Labs Stock Performance
OTCMKTS CRLBF opened at $1.40 on Wednesday. The company has a market cap of $683.40 million, a PE ratio of -7.20 and a beta of 1.88. The stock’s 50 day simple moving average is $1.58 and its 200-day simple moving average is $1.70. Cresco Labs has a 1-year low of $1.02 and a 1-year high of $2.65. The company has a debt-to-equity ratio of 1.76, a current ratio of 2.00 and a quick ratio of 1.30.
About Cresco Labs
Cresco Labs Inc, together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; vape carts, vape pens, flower, popcorn, shake, pre-rolls, shorties, and concentrates under the High Supply brand; vapes and gummies under the Good News brand; vapes and edibles under the Wonder Wellness Co brand; and tinctures, capsules, salves, and sublingual oils under the Remedi brand.
Featured Stories
- Five stocks we like better than Cresco Labs
- How to Plot Fibonacci Price Inflection Levels
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- Best Aerospace Stocks Investing
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
- What is Short Interest? How to Use It
- Can CAVA Stock Be the Next Chipotle? Earnings Can Help
Receive News & Ratings for Cresco Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cresco Labs and related companies with MarketBeat.com's FREE daily email newsletter.