Lazydays Holdings Inc (NASDAQ:LAZY) has earned 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 equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12-month consensus price target of $12.25 for the company and are forecasting that the company will post ($0.15) earnings per share for the current quarter, according to Zacks. Zacks has also given Lazydays an industry rank of 166 out of 256 based on the ratings given to its competitors.
A number of analysts have commented on the company. ValuEngine upgraded Lazydays from a “sell” rating to a “hold” rating in a research report on Thursday, November 15th. Zacks Investment Research raised Lazydays from a “sell” rating to a “hold” rating in a research note on Saturday, September 29th.
Lazydays (NASDAQ:LAZY) last issued its quarterly earnings results on Friday, November 9th. The company reported ($0.41) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.61). The company had revenue of $142.38 million during the quarter, compared to the consensus estimate of $160.95 million. On average, equities research analysts predict that Lazydays will post 0.06 earnings per share for the current fiscal year.
In related news, Director Coliseum Capital Management, L acquired 198,627 shares of the stock in a transaction dated Friday, December 14th. The stock was acquired at an average cost of $5.34 per share, with a total value of $1,060,668.18. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James J. Fredlake acquired 9,195 shares of the stock in a transaction dated Monday, November 19th. The stock was bought at an average cost of $4.98 per share, with a total value of $45,791.10. The disclosure for this purchase can be found here. Insiders bought a total of 231,653 shares of company stock valued at $1,230,334 over the last ninety days. Corporate insiders own 15.60% of the company’s stock.
An institutional investor recently bought a new position in Lazydays stock. BlackRock Inc. acquired a new position in shares of Lazydays Holdings Inc (NASDAQ:LAZY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,070 shares of the company’s stock, valued at approximately $134,000. BlackRock Inc. owned about 0.18% of Lazydays as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 60.55% of the company’s stock.
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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