RMBL - RumbleON, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.8484
+0.0384 (+4.74%)
At close: 4:00PM EST
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Previous Close0.8100
Open0.8480
Bid0.8382 x 1000
Ask0.8465 x 1200
Day's Range0.8000 - 0.9000
52 Week Range0.7730 - 7.0350
Volume264,117
Avg. Volume113,553
Market Cap20M
Beta (3Y Monthly)2.03
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateNov 13, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.69
  • Thomson Reuters StreetEvents

    Edited Transcript of RMBL earnings conference call or presentation 13-Nov-19 1:30pm GMT

    Q3 2019 RumbleON Inc Earnings Call

  • Business Wire

    RumbleOn to Present at Upcoming Southwest IDEAS Investor Conference

    RumbleOn , the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, will present at th

  • Analysts Have Been Trimming Their RumbleON, Inc. Price Target After Its Latest Report
    Simply Wall St.

    Analysts Have Been Trimming Their RumbleON, Inc. Price Target After Its Latest Report

    One of the biggest stories of last week was how RumbleON, Inc. (NASDAQ:RMBL) shares plunged 29% in the week since its...

  • Business Wire

    RumbleOn Reports Third Quarter 2019 Results

    RumbleOn (RMBL), the-ecommerce 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 September 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/.

  • Business Wire

    RumbleOn to Report Third Quarter 2019 Financial Results on November 12, 2019

    RumbleOn, Inc. , the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles, today announced that it will report its third quarter 2019 financial results, for the period ended September 30, 2019, after market close on Tuesday, November 12, 2019.

  • Investors Who Bought RumbleON (NASDAQ:RMBL) Shares A Year Ago Are Now Down 64%
    Simply Wall St.

    Investors Who Bought RumbleON (NASDAQ:RMBL) Shares A Year Ago Are Now Down 64%

    RumbleON, Inc. (NASDAQ:RMBL) shareholders should be happy to see the share price up 13% in the last month. But that...

  • Business Wire

    RumbleOn Names Huge as New Agency of Record

    RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles, today announced Huge as their new Agency of Record. Huge, a global experience agency, will take on creative campaign creation, digital advertising and marketing, traditional media buying and business-oriented marketing efforts. "Our partnership with Huge is a first of its kind for RumbleOn, and together I believe this match will better position our brand as we continue to expand further into multiple verticals,” said Marshall Chesrown, CEO of RumbleOn.

  • 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)

  • 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 ...

  • 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.