Q1 2025 EPS Estimates for RumbleOn, Inc. (NASDAQ:RMBL) Reduced by Analyst

RumbleOn, Inc. (NASDAQ:RMBL - Free Report) - Analysts at Wedbush dropped their Q1 2025 EPS estimates for RumbleOn in a report issued on Thursday, May 9th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $0.13 for the quarter, down from their prior estimate of $0.14. Wedbush currently has a "Outperform" rating and a $7.00 target price on the stock. The consensus estimate for RumbleOn's current full-year earnings is ($0.02) per share. Wedbush also issued estimates for RumbleOn's Q3 2025 earnings at $0.19 EPS.

RumbleOn (NASDAQ:RMBL - Get Free Report) last announced its earnings results on Thursday, March 14th. The company reported ($4.32) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($3.98). The firm had revenue of $311.10 million during the quarter, compared to analyst estimates of $343.72 million. RumbleOn had a negative net margin of 15.63% and a negative return on equity of 63.48%.

RMBL has been the subject of several other reports. DA Davidson lowered their price objective on shares of RumbleOn from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Friday, March 15th. B. Riley reiterated a "buy" rating and set a $13.00 price objective (up from $11.00) on shares of RumbleOn in a research note on Friday, March 15th.

RumbleOn Stock Performance

Shares of NASDAQ:RMBL traded down $0.38 on Friday, hitting $5.79. 123,896 shares of the company were exchanged, compared to its average volume of 155,501. RumbleOn has a 1-year low of $4.82 and a 1-year high of $13.52. The stock's 50 day moving average price is $5.95 and its 200 day moving average price is $6.53. The company has a current ratio of 1.22, a quick ratio of 0.34 and a debt-to-equity ratio of 2.71. The firm has a market capitalization of $203.81 million, a P/E ratio of -0.54 and a beta of 2.08.

Institutional Trading of RumbleOn

A number of institutional investors have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new position in RumbleOn during the third quarter worth approximately $76,000. Barclays PLC purchased a new position in RumbleOn during the third quarter worth approximately $112,000. B. Riley Wealth Advisors Inc. lifted its position in RumbleOn by 10.7% during the third quarter. B. Riley Wealth Advisors Inc. now owns 25,119 shares of the company's stock worth $154,000 after buying an additional 2,430 shares in the last quarter. Advisor Resource Council purchased a new position in RumbleOn during the fourth quarter worth approximately $282,000. Finally, Cannon Global Investment Management LLC purchased a new position in RumbleOn during the first quarter worth approximately $65,000. 66.14% of the stock is owned by institutional investors and hedge funds.

RumbleOn Company Profile

RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.