Lazydays (NASDAQ:LAZY) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Thursday, ValuEngine reports.

Separately, Craig Hallum boosted their price objective on Lazydays from $7.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th.

Shares of NASDAQ:LAZY opened at $8.51 on Thursday. Lazydays has a fifty-two week low of $1.55 and a fifty-two week high of $9.05. The business has a 50-day moving average of $6.68 and a two-hundred day moving average of $4.34. The company has a quick ratio of 0.35, a current ratio of 1.19 and a debt-to-equity ratio of 0.10.

Lazydays (NASDAQ:LAZY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.16). Lazydays had a return on equity of 2.40% and a net margin of 0.28%. The company had revenue of $190.85 million during the quarter.

In other Lazydays news, Director Coliseum Capital Management, L acquired 150,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average price of $5.09 per share, with a total value of $763,500.00. Insiders have purchased a total of 153,500 shares of company stock valued at $777,875 in the last three months. 16.20% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of the business. Capital Asset Advisory Services LLC grew its stake in shares of Lazydays by 60.7% in the 1st quarter. Capital Asset Advisory Services LLC now owns 69,999 shares of the company’s stock valued at $257,000 after purchasing an additional 26,442 shares during the period. Coliseum Capital Management LLC grew its stake in shares of Lazydays by 17.1% in the 4th quarter. Coliseum Capital Management LLC now owns 453,767 shares of the company’s stock valued at $1,860,000 after purchasing an additional 66,390 shares during the period. Finally, J. L. Bainbridge & Co. Inc. bought a new stake in shares of Lazydays in the 1st quarter valued at approximately $27,000. 36.47% of the stock is owned by hedge funds and other institutional investors.

About Lazydays

Lazydays Holdings, Inc, through its subsidiaries, operates recreation vehicle (RV) dealerships in the United States. It provides various products, including RV sales, RV services, financing and insurance products, RV parts and accessories, RV rentals, third-party protection plans, after-market parts and accessories, and RV camping for RV owners.

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