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. Parties that are interested in registering for the company’s conference call can do so using this link.

RumbleOn Price Performance

NASDAQ RMBL opened at $4.15 on Friday. RumbleOn has a fifty-two week low of $3.13 and a fifty-two week high of $7.99. The stock’s 50-day moving average is $4.45 and its two-hundred day moving average is $4.94. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.12 and a quick ratio of 0.29. The firm has a market cap of $146.79 million, a P/E ratio of -0.49 and a beta of 2.17.

Wall Street Analyst Weigh In

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

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.