Lazydays Holdings Inc (NASDAQ:LAZY) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus target price of $10.50 for the company and are anticipating that the company will post $0.06 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Lazydays an industry rank of 100 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Lazydays from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 23rd.
Shares of NASDAQ LAZY traded up $0.17 during trading hours on Monday, reaching $5.22. 912 shares of the stock traded hands, compared to its average volume of 3,449. The company has a current ratio of 1.30, a quick ratio of 0.39 and a debt-to-equity ratio of 0.23. Lazydays has a 52-week low of $4.13 and a 52-week high of $9.00. The business’s 50-day moving average is $5.12.
Lazydays (NASDAQ:LAZY) last announced its quarterly earnings results on Friday, May 10th. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.04). Lazydays had a negative return on equity of 1.89% and a negative net margin of 0.24%. The company had revenue of $173.06 million during the quarter, compared to analysts’ expectations of $169.76 million. On average, analysts forecast that Lazydays will post -0.07 EPS for the current fiscal year.
In related news, Director Coliseum Capital Management, L bought 100,000 shares of the company’s stock in a transaction on Wednesday, June 19th. The shares were acquired at an average cost of $5.25 per share, with a total value of $525,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders acquired 140,211 shares of company stock worth $720,152 over the last three months. Corporate insiders own 15.60% of the company’s stock.
An institutional investor recently bought a new position in Lazydays stock. Wiley BROS. Aintree Capital LLC purchased a new position in Lazydays Holdings Inc (NASDAQ:LAZY) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,000 shares of the company’s stock, valued at approximately $64,000. Wiley BROS. Aintree Capital LLC owned about 0.17% of Lazydays at the end of the most recent reporting period. Hedge funds and other institutional investors own 33.70% of the company’s stock.
Lazydays Company Profile
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, after-market parts and accessories, and RV camping for RV owners.
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