NASDAQ:LOTZ

CarLotz Stock Forecast, Price & News

$5.67

+0.12 (+2.16 %)

(As of 06/21/2021 12:00 AM ET)

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Today's Range

$5.41

▼

$6.00

50-Day Range

$4.38

▼

$7.78

52-Week Range

$4.06

▼

$12.90

Volume5.88 million shs

Average Volume5.22 million shs

Market Capitalization$644.51 million

P/E RatioN/A

Dividend YieldN/A

Beta0.16

30 days | 90 days | 365 days | Advanced Chart

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About CarLotz

CarLotz, Inc. operates as a consignment-to-retail used vehicle marketplace that provides its corporate vehicle sourcing partners and retail sellers of used vehicles. The company serves corporate vehicle sourcing partners, which include fleet leasing companies, rental car companies, banks, captive finance companies, third-party remarketers, wholesalers, companies that manage their own fleets, and original equipment manufacturers; retail sellers of used vehicles to individuals; and retail customers. It operates ten hubs throughout the Mid-Atlantic, Southeast, Southcentral, Midwest, and West Coast regions of the United States. The company was founded in 2011 and is headquartered in Richmond, Virginia.

CarLotz stock gains ahead of index inclusions - Seeking Alpha
June 21, 2021 | seekingalpha.com

CarLotz (LOTZ) vs. Its Rivals Critical Survey
June 21, 2021 | americanbankingnews.com

Head to Head Survey: CarLotz (LOTZ) versus The Competition
June 20, 2021 | americanbankingnews.com

CarLotz (LOTZ) versus Its Competitors Head-To-Head Comparison
June 17, 2021 | americanbankingnews.com

LOTZ ALERT: Nationally Ranked Shareholder Rights Firm Labaton Sucharow LLP Is Investigating Claims on Behalf of Investors in CarLotz, Inc. (NASDAQ: LOTZ)
June 17, 2021 | finance.yahoo.com

Critical Survey: CarLotz (LOTZ) and The Competition
June 17, 2021 | americanbankingnews.com

CarLotz (LOTZ) and The Competition Critical Contrast
June 17, 2021 | americanbankingnews.com

Financial Survey: CarLotz (LOTZ) & Its Peers
June 17, 2021 | americanbankingnews.com

Contrasting CarLotz (LOTZ) & The Competition
June 16, 2021 | americanbankingnews.com

Zacks: Analysts Anticipate CarLotz, Inc. (NASDAQ:LOTZ) Will Post Quarterly Sales of $45.63 Million
June 16, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:LOTZ
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.carlotz.com
Phone833 277 5689
Employees166
Year FoundedN/A

Sales & Book Value

Annual Sales$118.63 million
Price / Sales5.43
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.16 per share
Price / Book35.44

Profitability

EPS (Most Recent Fiscal Year)($2.27)
Net Income$-3,540,000.00
Net MarginsN/A
Return on Equity-31.76%
Return on Assets-6.15%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares113,670,000
Market Cap$644.51 million
Next Earnings Date8/9/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.83 out of 5 stars

Auto/Tires/Trucks Sector

30th out of 171 stocks

Automotive Dealers & Gasoline Service Stations Industry

9th out of 30 stocks

3.5 Analyst's Opinion

Consensus Rating
CarLotz has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.00, CarLotz has a forecasted upside of 183.2% from its current price of $5.65.
Amount of Analyst Coverage
CarLotz has only been the subject of 1 research reports in the past 90 days.

4.2 Community Rank

Outperform Votes
CarLotz has received 5 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CarLotz has received 1 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CarLotz has received 83.33% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CarLotz and other stocks. Vote “Outperform” if you believe LOTZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOTZ will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
CarLotz does not currently pay a dividend.
Dividend Growth
CarLotz does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CarLotz insiders have not sold or bought any company stock.
Percentage Held by Insiders
37.20% of the stock of CarLotz is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 28.26% of the stock of CarLotz is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for CarLotz are expected to grow in the coming year, from ($0.82) to ($0.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CarLotz is -2.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CarLotz is -2.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CarLotz has a P/B Ratio of 35.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

CarLotz (NASDAQ:LOTZ) Frequently Asked Questions

Is CarLotz a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarLotz in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CarLotz stock.
View analyst ratings for CarLotz or view top-rated stocks.

What stocks does MarketBeat like better than CarLotz?

Wall Street analysts have given CarLotz a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CarLotz wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CarLotz?

CarLotz saw a decrease in short interest in May. As of May 28th, there was short interest totaling 5,480,000 shares, a decrease of 35.7% from the May 13th total of 8,520,000 shares. Based on an average daily volume of 5,010,000 shares, the short-interest ratio is presently 1.1 days. Currently, 8.3% of the shares of the stock are short sold.
View CarLotz's Short Interest.

When is CarLotz's next earnings date?

CarLotz is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for CarLotz.

How were CarLotz's earnings last quarter?

CarLotz, Inc. (NASDAQ:LOTZ) issued its earnings results on Monday, May, 10th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.01. The business had revenue of $56.61 million for the quarter, compared to the consensus estimate of $44.10 million.
View CarLotz's earnings history.

What guidance has CarLotz issued on next quarter's earnings?

CarLotz issued an update on its FY 2021 earnings guidance on Tuesday, June, 15th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $272 million-317 million, compared to the consensus revenue estimate of $344.50 million.

What price target have analysts set for LOTZ?

2 analysts have issued 1-year price targets for CarLotz's shares. Their forecasts range from $16.00 to $16.00. On average, they expect CarLotz's share price to reach $16.00 in the next year. This suggests a possible upside of 182.2% from the stock's current price.
View analysts' price targets for CarLotz or view top-rated stocks among Wall Street analysts.

Who are CarLotz's key executives?

CarLotz's management team includes the following people:

Mr. Michael W. Bor, Co-Founder, CEO & Chairman
Mr. John W. Foley II, Chief Operating Officer (Age 44, Pay $245.96k)
Ms. Rebecca C. Polak, Chief Commercial Officer, Sec. & Gen. Counsel (Age 50, Pay $175.38k)
Mr. Thomas W. Stoltz, Chief Financial Officer (Age 60)
Mr. Robert Imhof, Sr. VP of Fin. & Accounting (Age 43)
Mr. Daniel A. Valerian, Chief Technology Officer (Age 47)
Ms. Elizabeth Sanders, Chief Admin. Officer (Age 30)
Mr. Michael Chapman, Chief Marketing Officer (Age 47)
Jared Itkowitz, Director of Barclays

Who are some of CarLotz's key competitors?

Some companies that are related to CarLotz include Rush Enterprises (RUSHA), KAR Auction Services (KAR), Rush Enterprises (RUSHB), Sonic Automotive (SAH), America's Car-Mart (CRMT), Shift Technologies (SFT), TravelCenters of America (TA), Renren (RENN), Lazydays (LAZY), Jiuzi (JZXN), LMP Automotive (LMPX), Kaixin Auto (KXIN), FFP Marketing (FFPM), FFP Partners (XXFPL) and Lentuo International (LASLY).
View all of LOTZ's competitors.

What is CarLotz's stock symbol?

CarLotz trades on the NASDAQ under the ticker symbol "LOTZ."

Who are CarLotz's major shareholders?

CarLotz's stock is owned by many different institutional and retail investors. Top institutional shareholders include Tremblant Capital Group (4.80%), Park West Asset Management LLC (2.42%), Millennium Management LLC (1.26%), Must Asset Management Inc. (1.22%), BlackRock Inc. (1.22%) and Scopus Asset Management L.P. (0.88%).

Which major investors are buying CarLotz stock?

LOTZ stock was bought by a variety of institutional investors in the last quarter, including Tremblant Capital Group, Park West Asset Management LLC, Millennium Management LLC, Must Asset Management Inc., BlackRock Inc., Scopus Asset Management L.P., Geode Capital Management LLC, and HBK Investments L P.

How do I buy shares of CarLotz?

Shares of LOTZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CarLotz's stock price today?

One share of LOTZ stock can currently be purchased for approximately $5.67.

How much money does CarLotz make?

CarLotz has a market capitalization of $644.51 million and generates $118.63 million in revenue each year. The company earns $-3,540,000.00 in net income (profit) each year or ($2.27) on an earnings per share basis.

How many employees does CarLotz have?

CarLotz employs 166 workers across the globe.

What is CarLotz's official website?

The official website for CarLotz is www.carlotz.com.

Where are CarLotz's headquarters?

CarLotz is headquartered at 611 Bainbridge Street Suite 100, Richmond VA, 23224.

How can I contact CarLotz?

CarLotz's mailing address is 611 Bainbridge Street Suite 100, Richmond VA, 23224. The company can be reached via phone at 833 277 5689.

This page was last updated on 6/21/2021 by MarketBeat.com Staff

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