Shares of Lazydays Holdings Inc (NASDAQ:LAZY) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a twelve-month consensus price objective of $12.25 for the company and are expecting that the company will post ($0.15) EPS for the current quarter, according to Zacks. Zacks has also given Lazydays an industry rank of 33 out of 257 based on the ratings given to its competitors.
LAZY has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Lazydays from a “sell” rating to a “hold” rating in a report on Friday, November 16th. ValuEngine raised shares of Lazydays from a “sell” rating to a “hold” rating in a research report on Thursday, November 8th.
Shares of LAZY opened at $5.24 on Friday. Lazydays has a 1-year low of $4.41 and a 1-year high of $11.66. The company has a quick ratio of 0.47, a current ratio of 1.41 and a debt-to-equity ratio of 0.22.
In other Lazydays news, Director B. Luke Weil sold 27,541 shares of the business’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $8.07, for a total transaction of $222,255.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William P. Murnane bought 10,000 shares of the stock in a transaction on Wednesday, November 14th. The shares were acquired at an average cost of $5.30 per share, with a total value of $53,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 33,026 shares of company stock valued at $169,666. Company insiders own 15.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in Lazydays during the second quarter worth about $134,000. Royce & Associates LP acquired a new position in Lazydays during the second quarter worth about $267,000. Finally, TD Asset Management Inc. acquired a new position in Lazydays during the second quarter worth about $1,984,000. 60.55% of the stock is owned by hedge funds and other institutional investors.
Lazydays Holdings, Inc, through its subsidiaries, operates recreation vehicle (RV) dealerships in the United States. It provides various products, including RV sales, RV services, financing and insurance products, RV parts and accessories, RV rentals, third-party protection plans, and RV camping for RV owners.
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