RMBL - RumbleON, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.6100
-0.2300 (-8.10%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close2.8400
Open2.8353
Bid0.0000 x 1200
Ask0.0000 x 1800
Day's Range2.5201 - 2.8353
52 Week Range2.5201 - 10.8030
Volume24,195
Avg. Volume46,842
Market Cap60.477M
Beta (3Y Monthly)4.99
PE Ratio (TTM)N/A
EPS (TTM)-2.0020
Earnings DateFeb 25, 2019 - Mar 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est9.88
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents

    Edited Transcript of RMBL earnings conference call or presentation 13-Aug-19 12:30pm GMT

    Q2 2019 RumbleON Inc Earnings Call

  • 3 Stocks Under $15 With Massive Upside Potential
    TipRanks

    3 Stocks Under $15 With Massive Upside Potential

    The stocks that represent the most compelling investment opportunities are the ones most poised to outperform the rest. But how are investors supposed to know which stocks have the strongest prospects for long-term growth? That’s where the TipRanks Top Analyst Stocks tool comes in. It finds all the stocks that have garnered buy ratings from the Street’s most trusted analysts. Importantly, you can organize the search results by upside potential.Stocks trading under $15 aren’t necessarily cheap. Yet, they are still quite popular among investors as they present the chance to take a larger position in a company. We used the tool to find 3 of the top-rated tech stocks under $15. Each boasts impressive upside potential and has amassed support from the best-performing analysts. Let's take a closer look: RumbleON Inc. (RMBL)The first stock on our list offers an online platform for buying and selling vehicles. The platform utilizes a capital-light network of 17 regional partnerships and is designed for dealers as well as individual customers. While RMBL is down 24% year-to-date, analysts are saying it’s undervalued at $4.08.On August 12, the company reported that its second quarter revenue reached a record high of $270 million, up from $14 million in the prior-year quarter. Not to mention its powersport sales saw 98% year-over-year growth. RMBL has made significant efforts to expand its product offering. The company added cars and trucks to RumbleOn.com and added cash offers for this segment in May 2019. It has also shifted focus towards growing RumbleOnClassifieds.com, with it now representing the third largest U.S. consumer listing site for powersports and surpassing eBay’s size in the space. Management stated that it has additional plans to add auto listings to the platform by the end of the year.Five-star B.Riley analyst Lee Krowl noted that RMBL’s shift away from less profitable inventory is an important step in the right direction. “Management indicated that they expect flat Q/Q revenue growth in 3Q with a focus on enhancing the profitability of the company driven by optimizing away from less profitable inventory,” he added. The analyst reiterated a Buy rating on RMBL stock with a $9 price target, implying 72% upside potential from current levels. (To watch Krowl's track record, click here)Five-star JMP analyst Ronald Josey cited RMBL’s expansion efforts as especially promising. On July 30, he initiated coverage on the stock with a Buy rating while setting a $10 price target, which implies nearly 150% upside. (To watch Josey's track record, click here)“Ultimately, we believe the RumbleOn platform can expand to most types of vehicles — cars, bikes, RVs, boats, ATVs — which collectively represent ~$1 trillion in annual sales across what we view as a highly fragmented industry. While it remains early days at RumbleOn, by keeping its overall days sales outstanding (DSOs) to under 30, growing consumer awareness and as its sales mix evolves to about 50/50% dealer/consumer over the next several years from its current 90/10%, we think profitability should ramp materially,” Josey explained.The rest of the Street is cautiously optimistic about RMBL. It has a ‘Moderate Buy’ analyst consensus and a $9 average price target, suggesting 108% upside. (See RMBL's price targets and analyst ratings on TipRanks) Change Healthcare Inc. (CHNG)Change Healthcare uses big data to offer revenue and payment cycle management as well as solutions for clinical information exchange, connecting payers, providers and U.S. healthcare system patients. Its products provide a more efficient and cost-effective way to transfer healthcare information. With the share price currently at $13.16, this stock looks like a steal.The healthcare-technology company, which went public in June, is already showing promising results even with the implementation of the new revenue recognition regulation, ASC 606. Following its recent Q1 earnings release, shares soared nearly 9% yesterday. It posted $856 million in sales, coming in ahead of the $796 million consensus estimate. The company also announced during the earnings release that it had been awarded a six year contract to continue providing its clinical interoperability services to CommonWell Health Alliance and introduced InterQual 2019. InterQual 2019 is its clinical decision support solution which includes a ‘Hospital in the Home' program. These programs are used as alternatives to some acute inpatient stays. With healthcare spending expected to reach $6 trillion by 2027, analysts believe CHNG looks poised to meet the demands of this ever expanding market. Five-star Piper Jaffray analyst Sean Wieland gave the stock a small boost after the company’s strong fiscal Q1 earnings release. The analyst reiterated a Buy rating and raised his price target from $18.50 to $19, suggesting 44% upside potential. “Change’s revenue and profitability came in marginally ahead of estimates after factoring out the impact of adopting ASC 606,” he explained. (To watch Wieland's track record, click here)Barclays analyst Manav Patnaik thinks CHNG has demonstrated growth prospects that go above and beyond. “We believe the company has a solid foundation to leverage its data and analytics in the growing healthcare industry,” the five-star analyst noted. The analyst rates the stock a Buy along with an $18 price target, implying 37% upside. CHNG has a ‘Strong Buy’ analyst consensus and a $19 price target, indicating 42% upside potential. (See CHNG's price targets and analyst ratings on TipRanks) Fastly Inc. (FSLY)Fastly created an innovative edge cloud computing platform that includes a content delivery network, internet security services, load balancing and video and streaming services. At $14.85, some analysts argue this tech stock is undervalued. On August 8, the company reported a second quarter revenue gain of 34% year-over-year. However, its earnings loss was wider than analysts originally expected. Despite mixed earnings results, management stated that its new product offerings could drive a turnaround. FSLY launched 60 code-based solutions that will make it safer and faster for developers to discover, test, customize and deploy edge cloud solutions. SVP of Customer Solutions, Adam Denenberg added, “Our programmable edge has always been one of the capabilities that our customers love about our platform, so we made a commitment to make it easier for developers to use all the innovative solutions our customer base is building on our edge. Providing an easy way to use prebuilt solutions on our platform was just a logical evolution to allow our customers to innovate even faster, and this launch marks another phase in our drive to empower developers around the world.”Four-star Piper Jaffray analyst James Fish believes that FSLY’s low price represents a unique buying opportunity for investors. “We believe Fastly will benefit from strong, sustainable underlying market dynamics as well as the evolutionary shift towards edge workloads,” he said. On August 14, he initiated coverage with a Buy and set a $21 price target. The Piper Jaffray analyst thinks share prices could jump 41% over the next twelve months. Stifel Nicolaus analyst Brad Reback tells investors to block out the gross margin noise. “We are still believers in Fastly's ability to drive strong net new customer additions, long-term market opportunity and relatively attractive valuation,” he explained on August 9. Reback reiterated his Buy rating and $25 price target, implying 68% upside. The five-star analyst has a 65% success rate and gets an average return of 15% per rating. The Street also takes a bullish stance on Fastly. It has a ‘Strong Buy’ analyst consensus and a $25 average price target, suggesting 65% upside potential. (See FSTL's price targets and analyst ratings on TipRanks)

  • RumbleOn Smashes Records at Company’s Most Successful Sturgis Rally, Announces Completion of 300,000 Cash Offer Milestone
    Business Wire

    RumbleOn Smashes Records at Company’s Most Successful Sturgis Rally, Announces Completion of 300,000 Cash Offer Milestone

    It might not have rained that much at the 79th Annual Sturgis Rally held near the Black Hills of South Dakota, but that doesn’t mean RumbleOn (NASDAQ: RMBL) didn’t make the sales pour in. This marks a huge milestone for RumbleOn and highlights just how quickly the company has grown and disrupted the industry,” said Marshall Chesrown, President and Chief Executive Officer at RumbleOn. With over a hundred motorcycles on the lot, great food, cheap beer, and multiple games for cash prizes, this year’s Sturgis team shattered the records set in 2018 – over 25,000 visitors (a 329% increase), 18% longer interaction times, and triple the merchandise sales.

  • ACCESSWIRE

    RumbleON, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 13, 2019 / RumbleON, Inc. (NASDAQ: RMBL ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 13, 2019 at 8:30 AM Eastern ...

  • Business Wire

    RumbleOn Reports Record Second Quarter 2019 Results

    RumbleOn (RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles, today announced financial results for the three months ended June 30, 2019. Operating results can be found by accessing the Company’s shareholder letter posted on its investor relations website at https://investors.rumbleon.com/. “I am very proud to report, in less than two years, RumbleOn achieved record revenue of $270.2 million dollars in a single quarter and unit sales of 13,928.

  • Analysts Estimate RumbleON, Inc. (RMBL) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate RumbleON, Inc. (RMBL) to Report a Decline in Earnings: What to Look Out for

    RumbleON, Inc. (RMBL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Thomson Reuters StreetEvents

    Edited Transcript of RMBL earnings conference call or presentation 14-May-19 12:00pm GMT

    Q1 2019 RumbleON Inc Earnings Call

  • Business Wire

    RumbleOn Expands Executive Team with Promotion of Peter Levy to Chief Operating Officer

    RumbleOn , the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace, today announced the appointment of Peter Levy as Chief Operating Officer , effective immediately.

  • Business Wire

    RumbleOn Rolls Out Next-Generation Website and Enhanced Cash Offer App

    Whether a customer wants to buy, sell, or trade something with two wheels or four, RumbleOn (NASDAQ: RMBL) the only 100% online pre-owned vehicle marketplace, now has you covered. Featuring enhanced usability and additional vehicle categories like cars and trucks, RumbleOn’s innovative website now has over 2,000 vehicles available for purchase. Anyone looking to sell their car or truck can now use the RumbleOn App and get a real cash offer in 15 minutes or less, just like if they were selling a motorcycle or powersports vehicle.

  • Business Wire

    RumbleOn, Inc. Announces Closing of $9.5 Million Common Stock Private Offering

    RumbleOn, Inc. (RMBL) today announced the closing of its previously announced private placement, pursuant to Regulation D under the Securities Act of 1933, as amended, of 1,900,000 shares of its Class B Common Stock at a price of $5.00 per share. JMP Securities LLC acted as placement agent for the private placement. National Securities Corporation, a wholly-owned subsidiary of National Holdings Corporation (NHLD), and Craig-Hallum Capital Group LLC acted as the Company’s financial advisors for the private placement.

  • Business Wire

    RumbleOn to Present at Upcoming Investor Conferences

    RumbleOn , the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s

  • Business Wire

    RumbleOn, Inc. Announces Closing of $30 Million Convertible Notes Private Offering

    RumbleOn, Inc. (RMBL) today announced the closing of its previously announced offering of $30 million aggregate principal amount of 6.75% convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”) (the "note offering"). JMP Securities LLC acted as sole book-running manager for the note offering. National Securities Corporation, a wholly-owned subsidiary of National Holdings Corporation (NHLD), and Craig-Hallum Capital Group LLC acted as the Company’s financial advisors for the note offering.

  • Business Wire

    RumbleOn Reports First Quarter 2019 Results

    RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace, today announced financial results for the three months ended March 31, 2019. Complete operating results can be found by accessing the Company’s shareholder letter posted on its investor relations website at https://investors.rumbleon.com/.

  • Business Wire

    RumbleOn, Inc. Announces Pricing of $30 Million Convertible Notes and $9.5 Million Common Stock Private Offerings

    RumbleOn, Inc. (RMBL) today announced the pricing of $30 million aggregate principal amount of 6.75% convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). In addition, RumbleOn today announced the pricing of a private placement, pursuant to Regulation D under the Act, of 1,900,000 shares of its Class B Common Stock (the “Class B Common Stock”) at a price of $5.00 per share. The offerings are expected to close on May 14, 2019, subject to customary closing conditions, and are expected to result in aggregate net proceeds of approximately $36.4 million, after deducting the initial purchaser’s discounts and commissions, placement agent fees and estimated offering expenses.

  • Business Wire

    RumbleOn, Inc. Announces Proposed $30 Million Convertible Notes Private Offering

    RumbleOn, Inc. (RMBL) today announced its intention to offer, subject to market conditions and other factors, $30 million aggregate principal amount of convertible senior notes due 2024 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). The notes will be convertible into cash, shares of RumbleOn’s Class B Common Stock (“Class B Common Stock”), or a combination thereof, at RumbleOn’s election. RumbleOn expects to use the net proceeds from the offering of the notes to refinance certain outstanding restrictive indebtedness and for other general corporate purposes, which may include purchases of additional inventory held for sale, increased spending on marketing and advertising, and capital expenditures necessary to grow the business.

  • Business Wire

    RumbleOn Announces Certain Preliminary Results for the First Quarter 2019

    RumbleOn, Inc. (RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace, today announced certain preliminary operating results for the three months ended March 31, 2019. For the three months ended March 31, 2019, RumbleOn expects total vehicle units sold to be 12,090. For the three months ended March 31, 2019, RumbleOn expects total revenue to be in the range of $223.0 - $223.5 million.

  • RumbleON, Inc. (RMBL): Alta Fox Management Says “It Is Not a Company I Can Support”
    Insider Monkey

    RumbleON, Inc. (RMBL): Alta Fox Management Says “It Is Not a Company I Can Support”

    In a recently published Alta Fox Management's Q1 2019 Investor Letter, the fund shared its views on several companies in its equity portfolio and shared its performance figures. You can download a copy of its letter here. It disclosed the quarterly return of a high 28.10%, outperforming its benchmark the S&P 500, which generated a […]

  • RumbleON, Inc. (RMBL) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
    Zacks

    RumbleON, Inc. (RMBL) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

    RumbleON, Inc. (RMBL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire

    RumbleOn, Inc. To Announce First Quarter 2019 Financial Results

    RumbleOn, Inc. , the only 100% online pre-owned vehicle marketplace, today announced that it will be releasing its first quarter 2019 financial results, for the period ended March 31, 2019, after market close on Monday, May 13, 2019.

  • Thomson Reuters StreetEvents

    Edited Transcript of RMBL earnings conference call or presentation 27-Mar-19 9:00pm GMT

    Q4 2018 RumbleON Inc Earnings Call

  • 5 Stocks to Profit From (Legal) Insider Buying Signals
    InvestorPlace

    5 Stocks to Profit From (Legal) Insider Buying Signals

    When I am analyzing a company to see if it could potentially be a good long-term investment, I always research what the insiders are doing. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts and they certainly know more about it than I do. I especially like to see what they are doing after their company's stock has fallen dramatically.I am not implying that there is anything illicit or illegal going on. When an insider wants to buy or sell their company's stock they can, as long as they follow very strict procedures. For instance, they have to file their intent to buy or sell with the SEC, and they are subject to "blackout periods," which are times in which they cannot trade the stock.For example, an insider may be prohibited from buying or selling the stock in the thirty days before or after the earnings release is due to be reported.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat's more, an officer or a director of a company may decide to sell their stock for many reasons. They could need to raise money for tuitions, mortgages, weddings or even divorce settlements. But the insiders only buy for one reason: if they believe that the stock is undervalued and that it will eventually trade at a higher price where they can make a profit. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot The following stocks have experienced such insider buying, and as such, are worthy of further inspection: EQT Corp (EQT) Click to Enlarge EQT Corp. (NYSE:EQT, $21.61) deals with natural gas in the Appalachian area. You may have never heard of EQT corporation, but you have probably used their products, as it's the largest producer of natural gas in the United States.Insider buying at the EQT Corporation has been prolific. The President, Robert McNally, bought almost 21,000 shares on March 29 at an average price of $20.80. He spent $200,000. The Executive Vice President, Erin Centofanti, bought almost 8,000 shares on March 29 at $20.83. Sue Smith, the CFO, paid $19.75 for 6,000 shares on March 14.Back in February Jonathon Lushko, the General Counsel and a Senior VP of the company, purchased almost 8,000 shares on the open market at an average price of $19.04. That is an investment of almost $150,000. In addition, the Senior VP of Human Resources, David Smith, invested more than $300,000 when he purchased 16,800 shares of the stock at an average price of $19.06.It is always interesting to see if and when the insiders buy their company stock after it has sold off significantly. In this case, the price of EQT has fallen about 50% in less than a year. This could be the reason why these insiders decided to invest. The stock is currently trading around $21.61, so they have already profited nicely.The analysts on Wall Street seem to like this stock as well. According to MarketWatch, twenty firms follow it on a research basis. Two of them have it rated as overweight, eleven have a buy rating on it, six rate it as holds and there's just one sell recommendation. The average target price is $25.40, which is about 20% higher than where it is currently trading. RumbleOn (RMBL) Click to Enlarge RumbleOn, Inc. (NASDAQ:RMBL, $5.60) is an e-commerce platform that is designed to help consumers and dealers finance, buy and sell used cars.Denmar Dixon is a member of the Board of Directors of RumbleOn. Mr. Dixon purchased 50,000 shares at $4.76 in early April. He also made considerable purchases early last year before the stock rallied. Back then, it was trading around the same levels that it currently is.The stock more than doubled when it traded above $10 in September and October. Mr. Dixon must have been feeling pretty good. But then it went into freefall and lost more than 50% of its value by December. * 10 Stocks That Are Screaming Buys Right Now This company is followed on a research basis by six companies. The average rating is a buy and the average target price is $9.90, which is more than 40% higher than where it is currently trading. Endologix (ELGX) Click to Enlarge Endologix, Inc. (NASDAQ:ELGX, $6.99) performs research and development and manufactures devices that treat aortic diseases. Its portfolio of products includes AFX Endovascular AAA System, Nellix and Ovation.On April 3, it was announced that the CEO, John Onopchenko, invested $200,000 when he purchased just over 30,000 shares. This increased his personal holdings in the stock by almost 40%. The CFO, Vaseem Mahboob, invested $100,000 of his personal money when he acquired 15,000 shares. In addition, two of the company's directors bought and additional 25,000 shares. These shares were all purchased at an average price of $6.61.Endologix has lost more than 90% of its value over the past year. They have recently announced that they are going to restructure their debt. This could be a good thing, or it could be a sign of desperation. The insider buying may mean that the insiders think that the restructuring will work.According to MarketWatch, nine firms follow this stock on a research basis. One has a buy rating on it, one has a sell rating and the other nine consider it a hold. The average target price is $10.30, which is significantly higher than where it is currently trading. This makes me wonder why seven firms have a hold on a stock that they feel is undervalued by 35%. Walgreens (WBA) Click to Enlarge You've probably been to Walgreens (NYSE:WBA, $54.69). It's one of the largest pharmacies in the country, with retail and pharmacy operations both domestically and on an international stage. The company was founded in 1901 and is headquartered in Deerfield, IL.Co-Chief Operating Officer Ms. Omella Barra may think that the recent selling in WBA is overdone. She invested nearly $1 million of her own money when she purchased 18,000 shares at an average price of $54.50 on April 3.WBA has had some issues lately. The company has sold off considerably because the two most recent earnings releases disappointed investors. The stock has fallen about 35% since November and it is trading at the lowest level that it has been at since 2014. Time will tell if there will be more insider buying. * The 7 Best Long-Term Stocks for 2019 And Beyond This company is widely followed on Wall Street. According to Marketwatch.com, 26 firms cover it. The average analyst rating is a hold and the average price target is $62.50. It is currently trading just under $55. Chaparral Energy (CHAP) Click to Enlarge Chaparral Energy, Inc. (NYSE:CHAP, $5.58) is in the natural gas and oil exploration and production (E&P) business. Specifically, CHAP makes its money on deposits of Stack, Meramec and Osage, Oswego and Woodford located in Oklahoma and the Texas Panhandle. Founded by Mark A. Fischer and Charles A. Fischer in April 1988, Chaparral Energy is headquartered in Oklahoma City, OK.The CEO of the company, K. Earl Reynolds, purchased 7,100 shares of CHAP on March 29th at an average price of $4.64. A large institutional holder, Strategic Value Partners, also recently acquired 900,000 shares at a price of $4.45.The stock has fallen by more than 75% over the past year. Mr. Reynolds and the portfolio managers at Strategic Value Partners must believe that the stock is very attractive at these prices.Wall Street likes this stock as well. It is followed by four firms that follow the company on a research basis. The average rating is a buy and the average target price is $18.38. That is more than 300% higher than where it is currently trading.As of this writing, Mark Putrino did not hold any positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 5 Stocks to Profit From (Legal) Insider Buying Signals appeared first on InvestorPlace.

  • Business Wire

    RumbleOn Reports Fiscal Year 2018 Results

    RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace, today announced financial results for the year ended December 31, 2018. RumbleOn posted a shareholder letter with preliminary operating results and management commentary on its investor relations website at https://investors.rumbleon.com/. “We are pleased to report our sixth consecutive quarter of rapid growth across the business.

  • ACCESSWIRE

    RumbleON Inc Class B to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 27, 2019 / RumbleON Inc Class B (NASDAQ: RMBL ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on March 27, 2019 at 5:00 PM ...