Oppenheimer analyst Brian Nagel maintained a Buy rating on Mohawk Group Holdings (NASDAQ:MWK) Inc on Tuesday, setting a price target of 50, which is approximately 49.08% above the present share price of $33.54.
Nagel expects Mohawk Group Holdings Inc to post earnings per share (EPS) of -$0.05 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Mohawk Group Holdings, with an average price target of $34.
The analysts price targets range from a high of $50 to a low of $20.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $58.78 million and a net profit of $106 thousand. The company's market cap is $1.11 billion.
According to TipRanks.com, Oppenheimer analyst Brian Nagel is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 38.9% and a 81.32% success rate.
Mohawk Group Holdings, Inc. is a technology enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances, beauty related products and consumer electronics. The company was founded by Yaniv Sarig Zion, Asher Delug, and Maximus (NYSE:MMS) Yaney in 2014 and is headquartered in New York, NY.