Lazydays Holdings (GORV) AI Stock Analysis

• Market Cap: $27.11M
• Dividend Yield: N/A
• Average Volume (3M): 11.52M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: -26.46%
• EPS Growth: 26.16%
• Country: US
• Employees: 1,100
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Auto - Dealerships
• EPS (TTM): -0.09
• Shares Outstanding: 110,294,170
• 10 Day Avg. Volume: 3,845,659
• 30 Day Avg. Volume: 11,524,378
• PEG Ratio: -0.15
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.25
• Enterprise Value/Market Cap: 22.70
• Enterprise Value/Revenue: 0.17
• Enterprise Value/Gross Profit: 3.80
• Enterprise Value/Ebitda: -1.34
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: $0.00 ▼(-100.00%Downside)

Lazydays Holdings faces significant financial challenges, primarily due to declining profitability and high leverage, which heavily weigh on the stock's score. The technical analysis suggests potential for stabilization, but negative valuation metrics highlight ongoing risks. While recent corporate actions have improved liquidity and operational focus, the overall outlook remains cautious.

Lazydays Holdings Business Overview & Revenue Model

Company Description

Lazydays Holdings, Inc. operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida. The company was founded in 1976 and is based in Tampa, Florida.

How the Company Makes Money

Lazydays Holdings generates revenue primarily through the sale of new and pre-owned recreational vehicles. The company's dealerships serve as the primary sales channels, where customers can explore and purchase a variety of RV models. In addition to vehicle sales, Lazydays earns significant revenue from its service and parts departments, offering maintenance, repairs, and a wide range of accessories to enhance the RV ownership experience. The company also benefits from finance and insurance offerings, providing customers with financing options and insurance products tailored for RVs. Strategic partnerships with leading RV manufacturers and financial institutions further bolster Lazydays' revenue streams, allowing the company to offer competitive pricing and financing solutions.

Lazydays Holdings Financial Statement Overview

Summary

GORV exhibits financial distress with declining revenue, profitability, and a high leverage profile. The income statement reflects operational challenges, while the balance sheet shows a risky capital structure. Cash flow performance is moderate, with some positive aspects in operating cash flow, but overall financial health is concerning.

Income Statement

The income statement shows a concerning trend with declining revenue and profitability. The TTM (Trailing-Twelve-Months) data reveals a negative net profit margin of -21.85%, indicating significant losses. Gross profit margin is also on a downward trend, suggesting reduced operational efficiency. The company's EBIT and EBITDA margins have turned negative, reflecting operational challenges and declining earnings quality.

Balance Sheet

The balance sheet highlights a high debt-to-equity ratio, indicating significant leverage risk. With a debt-to-equity ratio of approximately 2.79 in the latest period, the company is highly leveraged. The equity ratio has decreased over time, showing a weakening capital structure. Return on equity has turned negative, consistent with the negative net income, suggesting a poor return on shareholder investment.

Cash Flow

The cash flow statement shows some resilience, with positive operating cash flow in the TTM period. However, free cash flow has experienced volatility, and its growth rate has been negative over the past years. The operating cash flow to net income ratio is positive, indicating the company can generate cash despite net losses, but free cash flow coverage to net income is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	766.79M	871.56M	1.08B	1.33B	1.24B	817.11M
Gross Profit	161.97M	160.85M	210.23M	328.69M	310.37M	167.72M
EBITDA	-94.52M	-95.77M	-87.33M	118.93M	133.25M	47.93M
Net Income	-167.52M	-179.96M	-110.27M	45.42M	55.27M	14.63M
Balance Sheet
Total Assets	509.51M	675.83M	937.74M	850.61M	719.23M	463.74M
Cash, Cash Equivalents and Short-Term Investments	19.73M	24.70M	58.09M	61.69M	98.12M	63.51M
Total Debt	224.52M	494.28M	680.25M	482.35M	402.84M	288.30M
Total Liabilities	429.14M	602.48M	724.55M	613.60M	513.10M	378.22M
Stockholders Equity	80.36M	73.35M	213.19M	237.01M	206.13M	85.52M
Cash Flow
Free Cash Flow	29.88M	75.33M	-131.72M	-111.84M	-18.49M	92.43M
Operating Cash Flow	40.15M	94.35M	-36.48M	-71.96M	2.77M	111.07M
Investing Cash Flow	114.57M	-8.13M	-192.96M	-54.54M	-84.13M	-30.32M
Financing Cash Flow	-174.34M	-119.61M	225.84M	90.07M	115.96M	-48.69M

Lazydays Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.24
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GORV, the sentiment is Neutral. The current price of 0.24 is below the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.22, and below the 200-day MA of 0.72, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.02 is Neutral, neither overbought nor oversold. The STOCH value of 64.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GORV.

Lazydays Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CARS	78 Outperform	$761.56M	18.36	9.35%	―	2.24%	-57.33%
CRMT	67 Neutral	$490.59M	29.27	3.45%	―	-2.26%	―
Sector *	62 Neutral	$16.65B	11.30	-7.38%	3.01%	1.59%	-23.30%
CWH	59 Neutral	$1.91B	―	-13.97%	2.67%	0.75%	-412.53%
RMBL	52 Neutral	$90.86M	―	-130.43%	―	-14.45%	78.09%
GORV	47 Neutral	$27.11M	―	-154.00%	―	-26.46%	26.16%
UXIN	40 Underperform	$705.10M	―	260.24%	―	9.33%	50.69%

Lazydays Holdings Corporate Events

Lazydays Holdings Sells Tulsa RV Dealership for $9.1M

On June 18, 2025, Lazydays Holdings, Inc. announced an agreement to sell its Tulsa, Oklahoma RV dealership and associated real estate to Ron Hoover RV & Marine for a total of approximately $9.1 million. This strategic move is expected to streamline Lazydays’ operations, enhance its financial position by bringing cash to its balance sheet, and allow the company to focus on its core dealerships. The transaction highlights Ron Hoover RV & Marine’s expansion into the Oklahoma market, building on its existing presence in Texas.

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.

Lazydays Holdings Enhances Liquidity with Credit Amendment

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.

Lazydays Holdings Sells Las Vegas RV Dealership Assets

On May 20, 2025, Lazydays Holdings, Inc. and its subsidiary entered into an Asset Purchase Agreement with Fun Town RV to sell the assets of its Las Vegas RV dealership for approximately $300,000, plus additional cash for inventory. This agreement includes customary conditions and allows for termination under specific circumstances. Concurrently, a Real Estate Purchase Agreement was signed for the sale of related real estate for $6.7 million, contingent on the asset sale’s completion. These transactions are part of Lazydays’ strategic moves to streamline operations and potentially improve financial positioning.

The most recent analyst rating on (GORV) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Lazydays Holdings Appoints New Chief Administrative Officer

Lazydays Holdings, Inc. has appointed Kyle Richter as Chief Administrative Officer effective May 14, 2025. With over 20 years of experience in financial and operational consulting, Richter’s services are provided through an engagement agreement with Berkeley Research Group, LLC. On the same date, directors Jordan Gnat and Suzanne Tager resigned from the board, with no disagreements cited. The board does not plan to fill these vacancies immediately as part of its ongoing efforts to improve financial performance.

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.

Lazydays Holdings Sells Dealerships in $5.6M Agreement

On May 9, 2025, Lazydays Holdings, Inc. entered into an Asset Purchase Agreement with General R.V. Center, Inc. to sell its RV sales and service dealerships in Fort Pierce, Florida, Longmont, Colorado, and Mesa, Arizona for approximately $5.6 million plus additional cash for inventory and other assets. This agreement includes a series of closings and may be terminated under certain conditions. Additionally, a Real Estate Purchase Agreement was signed for the Fort Pierce location for $21 million, contingent on the asset sale’s completion. The company also amended its credit agreement with M&T Bank, extending deadlines for certain financial obligations.

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.

Lazydays Holdings Secures Waivers to Facilitate Asset Sales

On April 30, 2025, Lazydays Holdings, Inc. entered into a Limited Waiver and Consent with M&T Bank, temporarily waiving certain defaults under their credit agreement to facilitate asset sales in several locations. Concurrently, the company secured a Temporary Waiver of Defaults with Coliseum Holdings, adjusting payment schedules and allowing asset sales under specific conditions, impacting the company’s financial operations and liquidity management.