Lazydays Holdings Inc (LAZY) Given $12.25 Consensus Price Target by Brokerages

Shares of Lazydays Holdings Inc (NASDAQ:LAZY) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a one year consensus target price of $12.25 for the company and are expecting that the company will post ($0.15) earnings per share for the current quarter, according to Zacks. Zacks has also given Lazydays an industry rank of 34 out of 257 based on the ratings given to related companies.

Several equities research analysts recently commented on the company. ValuEngine raised Lazydays from a “hold” rating to a “buy” rating in a research note on Friday. Zacks Investment Research raised Lazydays from a “sell” rating to a “hold” rating in a research report on Friday, September 21st.

Shares of NASDAQ LAZY opened at $4.85 on Wednesday. Lazydays has a 52 week low of $4.41 and a 52 week high of $11.66. The company has a current ratio of 1.41, a quick ratio of 0.47 and a debt-to-equity ratio of 0.22.

In other news, Director James J. Fredlake bought 9,195 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The stock was acquired at an average cost of $4.98 per share, for a total transaction of $45,791.10. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director B. Luke Weil sold 27,541 shares of the company’s stock in a transaction on Wednesday, September 19th. The shares were sold at an average price of $8.07, for a total value of $222,255.87. The disclosure for this sale can be found here. Insiders have acquired 33,026 shares of company stock valued at $169,666 in the last ninety days. Company insiders own 15.60% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Lazydays in the second quarter valued at $134,000. Royce & Associates LP acquired a new position in shares of Lazydays in the second quarter valued at $267,000. Finally, TD Asset Management Inc. acquired a new position in shares of Lazydays in the second quarter valued at $1,984,000. Institutional investors and hedge funds own 57.95% of the company’s stock.

Lazydays Company Profile

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, and RV camping for RV owners.

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