Lazydays (NASDAQ:GORV) Announces Earnings Results

Lazydays (NASDAQ:GORV) announced its quarterly earnings data on Friday. The company reported ($21.99) earnings per share (EPS) for the quarter, Zacks reports. Lazydays had a negative net margin of 22.06% and a negative return on equity of 139.43%.

Lazydays Trading Down 24.7%

GORV traded down $0.37 during trading hours on Friday, reaching $1.13. The company’s stock had a trading volume of 8,246,740 shares, compared to its average volume of 150,223. The stock has a market cap of $4.23 million, a PE ratio of -0.01 and a beta of 1.63. Lazydays has a fifty-two week low of $0.80 and a fifty-two week high of $46.80. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.91 and a quick ratio of 0.23. The business’s 50-day moving average is $2.18 and its 200-day moving average is $4.63.

Hedge Funds Weigh In On Lazydays

A hedge fund recently raised its stake in Lazydays stock. Geode Capital Management LLC lifted its holdings in shares of Lazydays Holdings, Inc. (NASDAQ:GORV) by 10.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 772,836 shares of the company’s stock after purchasing an additional 73,377 shares during the quarter. Geode Capital Management LLC owned about 21.00% of Lazydays worth $188,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 89.67% of the company’s stock.

Analyst Upgrades and Downgrades

GORV has been the topic of several recent research reports. Weiss Ratings restated a “sell (e)” rating on shares of Lazydays in a report on Tuesday. Wall Street Zen upgraded Lazydays to a “hold” rating in a report on Friday, July 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

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.