NASDAQ:RMBL - Get Free Report ) is set to post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link .
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RumbleOn (NASDAQ:RMBL - Get Free Report ) last announced its quarterly earnings results on Thursday, March 14th. The company reported ($4.32) EPS for the quarter, missing the consensus estimate of ($0.34) by ($3.98). RumbleOn had a negative return on equity of 63.48% and a negative net margin of 15.63%. The business had revenue of $311.10 million for the quarter, compared to analyst estimates of $343.72 million. On average, analysts expect RumbleOn to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
RumbleOn Stock Down 2.3 % Shares of RMBL stock traded down $0.12 on Wednesday, hitting $5.04. The company's stock had a trading volume of 150,406 shares, compared to its average volume of 156,566. The stock has a market capitalization of $177.42 million, a price-to-earnings ratio of -0.47 and a beta of 2.04. RumbleOn has a fifty-two week low of $4.82 and a fifty-two week high of $13.52. The firm's fifty day moving average price is $6.21 and its 200-day moving average price is $6.58. The company has a debt-to-equity ratio of 2.71, a current ratio of 1.22 and a quick ratio of 0.34.
Analysts Set New Price Targets Several analysts have recently issued reports on RMBL shares. DA Davidson decreased their price target on 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 reaffirmed a "buy" rating and set a $13.00 target price (up previously from $11.00) on shares of RumbleOn in a research report on Friday, March 15th. Finally, Wedbush lowered their price target on RumbleOn from $7.50 to $7.00 and set an "outperform" rating on the stock in a report on Friday, March 15th.
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About RumbleOn (
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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.
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