RumbleOn (RMBL) Projected to Post Quarterly Earnings on Tuesday

RumbleOn (NASDAQ:RMBL) is projected to issue its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $278.42 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

RumbleOn Stock Performance

Shares of RumbleOn stock opened at $4.15 on Friday. The stock has a market cap of $146.79 million, a PE ratio of -0.49 and a beta of 2.17. The business has a fifty day simple moving average of $4.45 and a 200-day simple moving average of $4.94. The company has a quick ratio of 0.29, a current ratio of 1.12 and a debt-to-equity ratio of 2.52. RumbleOn has a 12 month low of $3.13 and a 12 month high of $7.99.

Analyst Ratings Changes

Several analysts have recently commented on the company. B. Riley cut RumbleOn from a “buy” rating to a “neutral” rating and set a $7.00 target price for the company. in a research report on Friday, November 29th. DA Davidson reaffirmed a “neutral” rating and issued a $5.00 target price (down previously from $7.50) on shares of RumbleOn in a research report on Tuesday, January 14th.

About RumbleOn

RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.