Weiss Ratings Reiterates Sell (E) Rating for LAZYDAYS (NASDAQ:GORV)

LAZYDAYS (NASDAQ:GORV)‘s stock had its “sell (e)” rating reiterated by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded LAZYDAYS to a “hold” rating in a report on Friday, July 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

LAZYDAYS Trading Down 1.6%

NASDAQ GORV opened at $2.49 on Wednesday. The firm has a market cap of $9.31 million, a price-to-earnings ratio of -0.02 and a beta of 1.55. LAZYDAYS has a one year low of $2.04 and a one year high of $58.80. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.23 and a current ratio of 0.91. The firm has a 50 day simple moving average of $3.16 and a 200-day simple moving average of $6.00.

LAZYDAYS (NASDAQ:GORV) last released its earnings results on Thursday, August 14th. The company reported ($6.67) earnings per share (EPS) for the quarter. LAZYDAYS had a negative return on equity of 139.43% and a negative net margin of 22.06%.The business had revenue of $131.30 million for the quarter.

Hedge Funds Weigh In On LAZYDAYS

An institutional investor recently raised its position in LAZYDAYS stock. Goldman Sachs Group Inc. raised its holdings in shares of LAZYDAYS HOLDINGS, INC. (NASDAQ:GORV) by 2,077.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 275,295 shares of the company’s stock after acquiring an additional 262,653 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.25% of LAZYDAYS worth $89,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 89.67% of the company’s stock.

LAZYDAYS Company Profile

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.