Should I buy or sell RumbleOn stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RumbleOn in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMBL shares. View RMBL analyst ratings or view top-rated stocks .

What is RumbleOn's stock price target for 2024?

3 Wall Street research analysts have issued 12-month price targets for RumbleOn's shares. Their RMBL share price targets range from $7.00 to $13.00. On average, they expect the company's share price to reach $9.33 in the next twelve months. This suggests a possible upside of 79.8% from the stock's current price. View analysts price targets for RMBL or view top-rated stocks among Wall Street analysts .

How have RMBL shares performed in 2024?

RumbleOn's stock was trading at $8.14 at the beginning of the year. Since then, RMBL stock has decreased by 36.2% and is now trading at $5.19. View the best growth stocks for 2024 here .

When is RumbleOn's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our RMBL earnings forecast .

How were RumbleOn's earnings last quarter?

RumbleOn, Inc. (NASDAQ:RMBL) issued its earnings results on Thursday, March, 14th. The company reported ($4.32) EPS for the quarter, missing the consensus estimate of ($0.34) by $3.98. The company had revenue of $311.10 million for the quarter, compared to the consensus estimate of $343.72 million. RumbleOn had a negative net margin of 15.63% and a negative trailing twelve-month return on equity of 63.48%.

When did RumbleOn's stock split?

RumbleOn's stock reverse split before market open on Thursday, May 21st 2020. The 1-20 reverse split was announced on Tuesday, May 19th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 20th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What is Marshall Chesrown's approval rating as RumbleOn's CEO?

4 employees have rated RumbleOn Chief Executive Officer Marshall Chesrown on Glassdoor.com . Marshall Chesrown has an approval rating of 63% among the company's employees. This puts Marshall Chesrown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When did RumbleOn IPO?

RumbleOn (RMBL) raised $19 million in an initial public offering on Thursday, October 19th 2017. The company issued 2,000,000 shares at a price of $9.49 per share. Roth Capital Partners and Maxim Group served as the underwriters for the IPO and Aegis Capital Corp. was co-manager.

Who are RumbleOn's major shareholders?

RumbleOn's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cannon Global Investment Management LLC (0.03%). Insiders that own company stock include Adam Alexander , Denmar John Dixon , Mark Tkach, Marshall Chesrown, Peter Levy, Stone House Capital Management and William Coulter. View institutional ownership trends .

How do I buy shares of RumbleOn?

Shares of RMBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:RMBL

RumbleOn (RMBL) Stock Price, News & Analysis

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$5.19

-0.12 (-2.26%)

(As of 04/18/2024 ET)

Compare

Today's Range: $5.13
▼
$5.42
50-Day Range: $5.00
▼
$7.91
52-Week Range: $4.89
▼
$13.52

Volume: 140,196 shs
Average Volume: 156,953 shs
Market Capitalization: $182.69 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.33

Get RumbleOn alerts:

RumbleOn MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 79.8% Upside
$9.33 Price Target
Short Interest: Bearish
2.65% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.02) to $0.67 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.83 out of 5 stars

Computer And Technology Sector

449th out of 590 stocks

Custom Computer Programming Services Industry

16th out of 23 stocks

3.5

Analyst's Opinion

Consensus Rating
RumbleOn has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
RumbleOn has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.65% of the outstanding shares of RumbleOn have been sold short.
Short Interest Ratio / Days to Cover
RumbleOn has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in RumbleOn has recently increased by 5.17%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
RumbleOn does not currently pay a dividend.
Dividend Growth
RumbleOn does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RMBL.

1.4

News and Social Media Coverage

News Sentiment
RumbleOn has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for RumbleOn this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 2 people have added RumbleOn to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RumbleOn insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.56% of the stock of RumbleOn is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
66.14% of the stock of RumbleOn is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for RumbleOn are expected to grow in the coming year, from ($0.02) to $0.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RumbleOn is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of RumbleOn is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
RumbleOn has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About RumbleOn Stock (NASDAQ:RMBL)

RumbleON, Inc. operates a technology-based omnichannel platform in North America. It operates through three segments: Powersports, Automotive, and Vehicle Logistics. The Powersports segment distributes motorcycles and other powersports vehicles. The Automotive segment distributes cars and trucks. The Vehicle Logistics segment provides nationwide transportation brokerage services between dealerships and auctions. Its platform offers ability to buy, sell, trade, and finance new and pre-owned vehicles online or in store for dealers and consumers. The company was formerly known as Smart Server, Inc. and changed its name to RumbleON, Inc. in February 2017. RumbleON, Inc. was incorporated in 2013 and is based in Irving, Texas.

RMBL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RMBL Stock News Headlines

April 17, 2024 | americanbankingnews.com

RumbleOn (NASDAQ:RMBL) Stock Price Up 1.5%

March 26, 2024 | msn.com

Allego N.V. gains after new partnership with Ford is unveiled

April 19, 2024 | InvestorPlace (Ad)

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March 16, 2024 | seekingalpha.com

RumbleON, Inc. (RMBL) Q4 2023 Earnings Call Transcript

March 16, 2024 | markets.businessinsider.com

Optimistic Outlook for RumbleON’s Long-Term Growth Despite Short-Term Challenges

March 15, 2024 | msn.com

RumbleON's Demand Picture Still Challenged, Says Analyst

March 15, 2024 | finance.yahoo.com

RumbleON Full Year 2023 Earnings: Misses Expectations

March 15, 2024 | finance.yahoo.com

RumbleON, Inc. (NASDAQ:RMBL) Q4 2023 Earnings Call Transcript

April 19, 2024 | InvestorPlace (Ad)

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March 15, 2024 | marketwatch.com

RumbleON Shares Fall After Withdrawing 2024 Outlook

March 15, 2024 | finance.yahoo.com

Q4 2023 RumbleOn Inc Earnings Call

March 14, 2024 | investorplace.com

RMBL Stock Earnings: RumbleON Misses EPS, Misses Revenue for Q4 2023

March 14, 2024 | msn.com

WOOF and SOND among Consumer Discretionary movers

March 14, 2024 | msn.com

WOOOF and SOND among Consumer Discretionary movers

March 14, 2024 | finance.yahoo.com

RumbleON Inc (RMBL) Faces Revenue Decline and Net Loss in Q4; Unveils Vision 2026 Strategic Plan

March 14, 2024 | baystreet.ca

March 14, 2024 | markets.businessinsider.com

RumbleOn Q4 Loss From Cont. Op. Narrows, But Revenue Down

March 14, 2024 | finance.yahoo.com

RumbleOn Reports Fourth Quarter and Full Year 2023 Financial Results & Presents Vision 2026 Strategic Plan

March 14, 2024 | finance.yahoo.com

RumbleOn Shares Details of Company's Vision 2026 Strategic Plan

March 13, 2024 | markets.businessinsider.com

RumbleON B is about to announce its earnings — here's what Wall Street expects

March 13, 2024 | seekingalpha.com

Cango Non-GAAP EPADS of -$0.13, revenue of $18.3M; initiates Q1 outlook

March 13, 2024 | benzinga.com

Earnings Outlook For RumbleON

March 7, 2024 | investorplace.com

7 Short-Squeeze Stocks That Could Send the Bears Into Panic-Mode

March 2, 2024 | au.finance.yahoo.com

RumbleON, Inc. (RMBL)

February 29, 2024 | businesswire.com

RumbleOn Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

February 22, 2024 | finance.yahoo.com

RumbleOn Appoints Brandy Treadway as Senior Vice President and Chief Legal Officer

February 22, 2024 | prnewswire.com

RumbleOn Appoints Brandy Treadway as Senior Vice President and Chief Legal Officer

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Custom computer programming services
Sub-Industry: N/A
Current Symbol: NASDAQ:RMBL
CUSIP: N/A
CIK: 1596961
Web: www.rumbleon.com
Phone: (214) 771-9952
Fax: N/A
Employees: 2,412
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.33
High Stock Price Target: $13.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +79.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($10.67)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-215,500,000.00
Net Margins: -15.63%
Pretax Margin: -11.35%
Return on Equity: -63.48%
Return on Assets: -10.25%

Debt

Debt-to-Equity Ratio: 2.71
Current Ratio: 1.22
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: $1.37 billion
Price / Sales: 0.13
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.01 per share
Price / Book: 1.72

Miscellaneous

Outstanding Shares: 35,200,000
Free Float: 28,669,000
Market Cap: $182.69 million
Optionable: Optionable
Beta: 2.04

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Key Executives

Mr. Michael W. Kennedy
CEO & Director
Mr. Blake Lawson (Age 52)
Chief Financial Officer
Will Newell
Head of Investor Relations
Ms. Brandy L. Treadway J.D. (Age 48)
Senior VP & Chief Legal Officer
Mr. Scott Bennie
President of AutoSport-USA
Mr. Lyle Kramper
National Senior Vice President of Retail
Mr. Michael Francis Esq. (Age 58)
Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RMBL Stock Analysis - Frequently Asked Questions

Should I buy or sell RumbleOn stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RumbleOn in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMBL shares.
View RMBL analyst ratings or view top-rated stocks.
What is RumbleOn's stock price target for 2024?: 3 Wall Street research analysts have issued 12-month price targets for RumbleOn's shares. Their RMBL share price targets range from $7.00 to $13.00. On average, they expect the company's share price to reach $9.33 in the next twelve months. This suggests a possible upside of 79.8% from the stock's current price.
View analysts price targets for RMBL or view top-rated stocks among Wall Street analysts.
How have RMBL shares performed in 2024?: RumbleOn's stock was trading at $8.14 at the beginning of the year. Since then, RMBL stock has decreased by 36.2% and is now trading at $5.19.
View the best growth stocks for 2024 here.
When is RumbleOn's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our RMBL earnings forecast.
How were RumbleOn's earnings last quarter?: RumbleOn, Inc. (NASDAQ:RMBL) issued its earnings results on Thursday, March, 14th. The company reported ($4.32) EPS for the quarter, missing the consensus estimate of ($0.34) by $3.98. The company had revenue of $311.10 million for the quarter, compared to the consensus estimate of $343.72 million. RumbleOn had a negative net margin of 15.63% and a negative trailing twelve-month return on equity of 63.48%.
When did RumbleOn's stock split?: RumbleOn's stock reverse split before market open on Thursday, May 21st 2020. The 1-20 reverse split was announced on Tuesday, May 19th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 20th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What is Marshall Chesrown's approval rating as RumbleOn's CEO?: 4 employees have rated RumbleOn Chief Executive Officer Marshall Chesrown on Glassdoor.com. Marshall Chesrown has an approval rating of 63% among the company's employees. This puts Marshall Chesrown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
When did RumbleOn IPO?: RumbleOn (RMBL) raised $19 million in an initial public offering on Thursday, October 19th 2017. The company issued 2,000,000 shares at a price of $9.49 per share. Roth Capital Partners and Maxim Group served as the underwriters for the IPO and Aegis Capital Corp. was co-manager.
Who are RumbleOn's major shareholders?: RumbleOn's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cannon Global Investment Management LLC (0.03%). Insiders that own company stock include Adam Alexander, Denmar John Dixon, Mark Tkach, Marshall Chesrown, Peter Levy, Stone House Capital Management and William Coulter.
View institutional ownership trends.
How do I buy shares of RumbleOn?: Shares of RMBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RMBL) was last updated on 4/19/2024 by MarketBeat.com Staff

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RumbleOn (RMBL) Stock Price, News & Analysis

RumbleOn MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About RumbleOn Stock (NASDAQ:RMBL)

RMBL Stock Price History

RMBL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

RMBL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™