Lazydays Holdings Inc. (NASDAQ: LAZY) is 50.15% higher on its value in year-to-date trading and has touched a low of $2.97 and a high of $25.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LAZY stock was last observed hovering at around $24.87 in the last trading session, with the day’s loss setting it -0.47% off its average median price target of $25.00 for the next 12 months. It is also 2.4% off the consensus price target high of $25.00 offered by 1 analysts, but current levels are 2.4% higher than the price target low of $25.00 for the same period.
Currently trading at $24.40, the stock is 16.88% and 19.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -1.89% at the moment leaves the stock 49.54% off its SMA200. LAZY registered 784.06% gain for a year compared to 6-month gain of 72.93%. The firm has a 50-day simple moving average (SMA 50) of $20.38 and a 200-day simple moving average (SMA200) of $17.90.
The stock witnessed a 39.91% loss in the last 1 month and extending the period to 3 months gives it a 44.29%, and is 8.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.63% over the week and 5.77% over the month.
Lazydays Holdings Inc. (LAZY) has around 1000 employees, a market worth around $261.57M and $817.10M in sales. Current P/E ratio is 9.93 and Fwd P/E is 9.61. Profit margin for the company is 1.90%. Distance from 52-week low is 721.55% and -3.56% from its 52-week high. The company has generated returns on investments over the last 12 months (15.60%).
Lazydays Holdings Inc. (LAZY) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Lazydays Holdings Inc. (LAZY) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Lazydays Holdings Inc. is expected to release its quarterly report on 08/12/2021 and quarterly earnings per share for the current quarter are estimated at $1.26.The EPS is expected to grow by 538.30% this year, but quarterly earnings will post 21.30% year-over-year.
Lazydays Holdings Inc. (LAZY) Top Institutional Holders
57 institutions hold shares in Lazydays Holdings Inc. (LAZY), with 381.75k shares held by insiders accounting for 3.60% while institutional investors hold 62.64% of the company’s shares. The shares outstanding are 7.00M, and float is at 6.52M with Short Float at 11.96%. Institutions hold 60.38% of the Float.
The top institutional shareholder in the company is Coliseum Capital Management, Llc with over 0.81 million shares valued at $13.09 million. The investor’s holdings represent 7.49% of the LAZY Shares outstanding. As of Mar 30, 2021, the second largest holder is State of New Jersey Common Pension Fund D with 0.73 million shares valued at $13.03 million to account for 6.80% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 0.33 million shares representing 3.09% and valued at over $5.39 million, while TD Asset Management, Inc holds 1.80% of the shares totaling 0.19 million with a market value of $3.15 million.
Lazydays Holdings Inc. (LAZY) Insider Activity
A total of 13 insider transactions have happened at Lazydays Holdings Inc. (LAZY) in the last six months, with sales accounting for 0 and purchases happening 13 times. The most recent transaction is an insider purchase by Coliseum Capital Management, L, the company’s Director. SEC filings show that Coliseum Capital Management, L bought 4,000 shares of the company’s common stock on Dec 11 at a price of $14.55 per share for a total of $58200.0. Following the purchase, the insider now owns 0.81 million shares.
Lazydays Holdings Inc. disclosed in a document filed with the SEC on Dec 10 that Coliseum Capital Management, L (Director) bought a total of 21,270 shares of the company’s common stock. The trade occurred on Dec 10 and was made at $14.13 per share for $0.3 million. Following the transaction, the insider now directly holds 0.8 million shares of the LAZY stock.
Still, SEC filings show that on Dec 09, Coliseum Capital Management, L (Director) acquired 49,300 shares at an average price of $13.99 for $0.69 million. The insider now directly holds 780,340 shares of Lazydays Holdings Inc. (LAZY).