Analysts Expect RumbleON, Inc. (NYSE:RMBL) to Announce ($0.37) EPS

RumbleON, Inc. (NYSE:RMBL) has received a consensus broker rating score of 1.67 (Buy) from the four analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation, one has given a buy recommendation and two have assigned a strong buy recommendation to the company. RumbleON’s rating score has improved by 12.1% from 90 days ago as a result of a number of analysts’ ratings changes.

Analysts have set a 12-month consensus price objective of $9.50 for the company and are expecting that the company will post ($0.37) EPS for the current quarter, according to Zacks. Zacks has also assigned RumbleON an industry rank of 149 out of 256 based on the ratings given to related companies.

Separately, B. Riley reiterated a “buy” rating on shares of RumbleON in a research report on Tuesday, July 2nd.

RMBL stock traded down $0.03 during trading on Friday, hitting $4.47. The company had a trading volume of 200 shares, compared to its average volume of 104,724. RumbleON has a 1-year low of $3.95 and a 1-year high of $10.98. The company has a 50-day simple moving average of $4.34.

RumbleON (NYSE:RMBL) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by ($0.16). The company had revenue of $223.18 million during the quarter, compared to analysts’ expectations of $208.67 million.

RumbleON Company Profile

RumbleON, Inc, a development stage company, provides an e-commerce platform that facilitates consumers and dealers to buy, sell, trade, and finance pre-owned recreation vehicles. It primarily focuses on pre-owned Harley Davidson motorcycles and other powersports. The company also sells branded and other merchandise and accessories; and provides third-party financing.

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