RumbleOn (RMBL) to Release Quarterly Earnings on Thursday

RumbleOn (NASDAQ:RMBL) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $278.42 million for the quarter.

RumbleOn Stock Performance

Shares of RumbleOn stock opened at $4.01 on Thursday. The stock’s fifty day moving average is $4.52 and its two-hundred day moving average is $4.94. The company has a market capitalization of $141.84 million, a PE ratio of -0.48 and a beta of 2.17. The company has a quick ratio of 0.29, a current ratio of 1.12 and a debt-to-equity ratio of 2.52. RumbleOn has a 52 week low of $3.13 and a 52 week high of $7.99.

Wall Street Analyst Weigh In

RMBL has been the topic of several research analyst reports. DA Davidson reaffirmed a “neutral” rating and issued a $5.00 price objective (down previously from $7.50) on shares of RumbleOn in a research report on Tuesday, January 14th. B. Riley downgraded RumbleOn from a “buy” rating to a “neutral” rating and set a $7.00 price objective on the stock. in a research report 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.