Lazydays (NASDAQ:LAZY) Releases Earnings Results, Misses Estimates By $0.21 EPS
Lazydays (NASDAQ:LAZY) announced its earnings results on Thursday. The company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.21), MarketWatch Earnings reports. Lazydays had a return on equity of 10.54% and a net margin of 1.14%. The company had revenue of $213.96 million for the quarter.
NASDAQ LAZY traded up $0.64 during trading hours on Friday, hitting $12.80. The company’s stock had a trading volume of 321,372 shares, compared to its average volume of 240,624. The stock has a fifty day moving average of $9.33 and a 200 day moving average of $5.19. Lazydays has a twelve month low of $1.55 and a twelve month high of $13.90. The company has a current ratio of 1.19, a quick ratio of 0.35 and a debt-to-equity ratio of 0.10.
Several brokerages recently weighed in on LAZY. Craig Hallum increased their price objective on shares of Lazydays from $12.00 to $15.00 in a report on Tuesday, July 14th. ValuEngine lowered shares of Lazydays from a “buy” rating to a “hold” rating in a report on Thursday, July 2nd.
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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