RumbleOn (RMBL) Expected to Announce Earnings on Tuesday

RumbleOn (NASDAQ:RMBL) is expected 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 that wish to listen to the company’s earnings conference call can do so using this link.

RumbleOn Trading Up 5.1 %

Shares of RumbleOn stock opened at $4.15 on Monday. RumbleOn has a 12-month low of $3.13 and a 12-month high of $7.99. 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 current ratio of 1.12, a quick ratio of 0.29 and a debt-to-equity ratio of 2.52. The company’s 50-day moving average price is $4.45 and its 200-day moving average price is $4.94.

Wall Street Analysts Forecast Growth

RMBL has been the topic of a number of recent analyst reports. B. Riley downgraded shares of RumbleOn from a “buy” rating to a “neutral” rating and set a $7.00 price target on the stock. in a report on Friday, November 29th. DA Davidson reissued a “neutral” rating and issued a $5.00 price target (down from $7.50) on shares of RumbleOn in a report on Tuesday, January 14th.

RumbleOn Company Profile

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.