RumbleOn (RMBL) Expected to Announce Earnings on Tuesday

RumbleOn (NASDAQ:RMBL) is projected to post its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect RumbleOn to post 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

NASDAQ:RMBL opened at $4.15 on Monday. The stock has a fifty day moving average price of $4.45 and a 200-day moving average price of $4.94. The company has a market cap of $146.79 million, a price-to-earnings ratio of -0.49 and a beta of 2.17. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.29 and a current ratio of 1.12. RumbleOn has a fifty-two week low of $3.13 and a fifty-two week high of $7.99.

Wall Street Analysts Forecast Growth

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