Lazydays Holdings, Inc. (NASDAQ:LAZY) traded at $13.57 at last check on Friday, Nov 20, making a downturn move of -3.69% on its previous day’s price.
Looking at the stock we see that its previous close was $14.09 and the beta (5Y monthly) reads 0 with the day’s price range being $12.67 – 14.05. The company has a 12-month trailing PE ratio of 9.11. In terms of its 52-week price range, LAZY has a high of $18.89 and a low of $1.55. The company’s stock has gained about -12.85% over that past 30 days.
Lazydays has a market cap of $126.61 Million and is expected to release its quarterly earnings report on November 04, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the LAZY stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.35, with the EPS growth for the year raised at $2.07 for 2020 and $1.48 for next year. These figures represent 22% and at -0.29% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $174Million, with a low of $174Million and a high of $174Million. The median projection represents growth adding up to 20.1% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $794.54 Million, or +23.2% up from figures reported last year.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the LAZY stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Lazydays Holdings, Inc. (LAZY) stock as a Hold, while 1 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the LAZY stock currently stands at 0.36, and the current price level is -7.57% off its SMA20 and -4.34% from its 50-day simple moving average. The RSI (14) is pointing at 44.67 while the volatility over the past week is 6.28% and jumps to 7.79% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 1.22. The average price target for the stock over the next 12 months is $22, with the estimates having a low of $22 and a high of $22. These price ends are 62.12% and +62.12% off the current price level respectively, although investors could be excited at the prospect of a +62.12% if the LAZY share price touches on the median price of $22.
Let’s briefly compare Lazydays (LAZY) stock to its peers. We find that today’s price change of -3.69% and +192.46% over the past 12 months for LAZY competes that of Peloton Interactive Inc (PTON), which has seen its stock price rise 5.36% in the latest trading session and is +272.15% over the last one year. Another of its peers Pool Corp (POOL) has climbed 0.36% today, and is +66% up over the past year, while Brunswick Corp (BC) is also down -3.69% yet its price remains in the green at 192.46% over the same period. Peloton has a P/E ratio of 924.17 compared to Lazydays 9.11 and Pool’s 42.59. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Lazydays Holdings, Inc. (NASDAQ:LAZY), we note that the average 3-month trading volume was 207.35 Million, while that of the preceding 10-day period stands at 109.05 Million. Current shares outstanding are 9.45 Million.
According to data from Thomson Reuters, insiders hold 3.44% of the company’s shares while institutions hold 65.87%. The data shows that short shares as of October 29, 2020, stood at 885.85 Million at a short ratio of 2.92. This represents a 9.37% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 373.31 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +230.98% up in year-to-date price movement.