Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lazydays Holdings ( (GORV) ) just unveiled an announcement.
On June 12, 2025, Lazydays Holdings, Inc. entered into a Limited Waiver and Fourth Amendment to its credit agreement with M&T Bank, addressing defaults and enhancing liquidity. The amendment includes waivers for defaults related to missed payments and financial covenants, as well as requirements to sell certain properties and provide mortgages. Additionally, Lazydays announced liquidity-enhancing transactions, including divestitures of non-core dealerships, generating $14 million in liquidity and reducing non-floorplan debt by $15 million. These moves aim to strengthen Lazydays’ financial position and support its turnaround strategy.
The most recent analyst rating on (GORV) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.
Spark’s Take on GORV Stock
According to Spark, TipRanks’ AI Analyst, GORV is a Neutral.
GORV’s overall stock score is influenced by its concerning financial performance, characterized by significant leverage and operational challenges. While recent earnings call highlights positive strategic moves, such as debt reduction and improved margins, the negative valuation metrics and cautious technical indicators underscore ongoing risks. Corporate events further indicate financial restructuring challenges.
To see Spark’s full report on GORV stock, click here.
More about Lazydays Holdings
Lazydays Holdings, Inc. is a prominent player in the RV industry, known for delivering exceptional RV sales, service, and ownership experiences since 1976. The company offers a wide selection of RV brands, state-of-the-art service facilities, and an extensive range of accessories and parts, making it a go-to destination for RV enthusiasts. Lazydays is publicly listed on the Nasdaq stock exchange under the ticker ‘GORV.’
Average Trading Volume: 8,057,301
Technical Sentiment Signal: Sell
Current Market Cap: $26.56M
For detailed information about GORV stock, go to TipRanks’ Stock Analysis page.