LADENBURG THALM/SH SH started coverage on shares of GrowGeneration (OTCMKTS:GRWG) in a research report sent to investors on Monday morning, BenzingaRatingsTable reports. The firm issued a buy rating and a $7.00 target price on the stock.
Several other equities analysts have also recently commented on GRWG. Alliance Global Partners initiated coverage on shares of GrowGeneration in a research note on Thursday, September 19th. They set a buy rating and a $8.00 target price for the company. Roth Capital initiated coverage on shares of GrowGeneration in a research note on Friday. They set a buy rating and a $7.50 target price for the company.
OTCMKTS:GRWG opened at $3.52 on Monday. The stock has a market cap of $135.82 million, a P/E ratio of -16.76 and a beta of 1.82. GrowGeneration has a one year low of $2.05 and a one year high of $5.75. The company has a fifty day moving average price of $4.70 and a 200 day moving average price of $3.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.73 and a quick ratio of 3.32.
GrowGeneration (OTCMKTS:GRWG) last released its earnings results on Thursday, August 8th. The company reported $0.05 EPS for the quarter. The firm had revenue of $19.48 million during the quarter. GrowGeneration had a negative net margin of 3.80% and a negative return on equity of 2.70%. As a group, equities research analysts anticipate that GrowGeneration will post 0.02 EPS for the current year.
GrowGeneration Company Profile
GrowGeneration Corp., through its subsidiaries, operates retail hydroponic stores. It offers farming soil, hydroponic equipment, lighting, plant nutrients, and various other products. The company serves home growers of organic vegetables and fruits, do-it yourselfers, and growers in the cannabis related markets.
Further Reading: Portfolio Manager
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