Lazydays (NASDAQ:LAZY – Get Rating) is set to issue its quarterly earnings data before the market opens on Thursday, August 4th. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Lazydays (NASDAQ:LAZY – Get Rating) last released its quarterly earnings results on Thursday, May 5th. The company reported $1.17 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.01). Lazydays had a net margin of 7.57% and a return on equity of 55.31%. The firm had revenue of $376.16 million for the quarter, compared to the consensus estimate of $375.60 million. On average, analysts expect Lazydays to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Lazydays Stock Up 1.6 %
LAZY opened at $13.28 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.36 and a quick ratio of 0.46. The company’s 50-day moving average is $13.57 and its 200 day moving average is $16.85. Lazydays has a fifty-two week low of $11.25 and a fifty-two week high of $25.70. The firm has a market capitalization of $157.35 million, a P/E ratio of 3.03 and a beta of 1.86.
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In related news, major shareholder B. Riley Financial, Inc. acquired 7,527 shares of the stock in a transaction on Thursday, July 14th. The shares were acquired at an average price of $12.20 per share, with a total value of $91,829.40. Following the completion of the transaction, the insider now owns 811,507 shares in the company, valued at approximately $9,900,385.40. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have purchased 102,327 shares of company stock valued at $1,247,085. Company insiders own 24.80% of the company’s stock.
Institutional Trading of Lazydays
Hedge funds and other institutional investors have recently modified their holdings of the business. Advisor Group Holdings Inc. raised its position in shares of Lazydays by 130.9% in the first quarter. Advisor Group Holdings Inc. now owns 1,764 shares of the company’s stock valued at $35,000 after purchasing an additional 1,000 shares during the period. Quantbot Technologies LP raised its position in shares of Lazydays by 4,422.0% in the first quarter. Quantbot Technologies LP now owns 9,044 shares of the company’s stock valued at $182,000 after purchasing an additional 8,844 shares during the period. Graham Capital Management L.P. bought a new stake in shares of Lazydays in the first quarter valued at approximately $266,000. Prelude Capital Management LLC bought a new stake in shares of Lazydays in the first quarter valued at approximately $274,000. Finally, Invesco Ltd. raised its position in shares of Lazydays by 61.8% in the first quarter. Invesco Ltd. now owns 28,136 shares of the company’s stock valued at $567,000 after purchasing an additional 10,746 shares during the period. Institutional investors own 76.12% of the company’s stock.
Analyst Upgrades and Downgrades
LAZY has been the topic of a number of recent analyst reports. TheStreet lowered shares of Lazydays from a “b-” rating to a “c” rating in a research report on Wednesday, May 4th. Truist Financial lowered their price objective on shares of Lazydays to $16.00 in a research report on Thursday, May 26th.
Lazydays Company Profile
Lazydays Holdings, Inc operates recreation vehicle (RV) dealerships under the Lazydays name in the United States. It provides RV sales, RV-repair and services, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities. The company also operates the Lazydays RV resort at Tampa, Florida.
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