Cresco Labs Inc. (OTCMKTS:CRLBF – Free Report) – Ventum Cap Mkts issued their FY2026 earnings per share estimates for shares of Cresco Labs in a research report issued to clients and investors on Monday, November 11th. Ventum Cap Mkts analyst A. Semple forecasts that the company will post earnings per share of ($0.06) 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.
A number of other research analysts also recently commented on CRLBF. Needham & Company LLC reaffirmed a “hold” rating on shares of Cresco Labs in a research report on Monday, August 12th. Roth Capital upgraded shares of Cresco Labs to a “strong-buy” rating in a research note on Sunday. Two research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $2.50.
Cresco Labs Stock Performance
Shares of Cresco Labs stock opened at $1.44 on Wednesday. The company has a quick ratio of 1.30, a current ratio of 2.00 and a debt-to-equity ratio of 1.76. Cresco Labs has a 52 week low of $1.02 and a 52 week high of $2.65. The firm’s 50 day moving average is $1.58 and its two-hundred day moving average is $1.71. The firm has a market capitalization of $702.92 million, a P/E ratio of -7.10 and a beta of 1.88.
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.
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