Lazydays Holdings (GORV) AI Stock Analysis

• Market Cap: $16.52M
• Dividend Yield: N/A
• Average Volume (3M): 209.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.49
• Revenue Growth: -18.48%
• EPS Growth: -7.78%
• Country: US
• Employees: 1,100
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Auto - Dealerships
• EPS (TTM): -8.64
• Shares Outstanding: 110,125,755
• 10 Day Avg. Volume: 288,258
• 30 Day Avg. Volume: 209,014
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.22
• Enterprise Value/Market Cap: 29.43
• Enterprise Value/Revenue: 0.13
• Enterprise Value/Gross Profit: 3.23
• Enterprise Value/Ebitda: -1.03
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

Lazydays Holdings' overall stock score reflects significant financial and operational challenges, including declining revenues and profitability, high leverage, and bearish technical indicators. While strategic initiatives and restructuring efforts provide some optimism, these are counterbalanced by ongoing market pressures and valuation concerns.

Lazydays Holdings Business Overview & Revenue Model

Company Description

Lazydays Holdings, Inc. (GORV) is a prominent player in the recreational vehicle (RV) industry, providing a comprehensive range of services and products. The company operates multiple RV dealerships across the United States, offering a wide selection of new and pre-owned RVs from leading manufacturers. Lazydays is renowned for its extensive inventory, exceptional customer service, and state-of-the-art facilities. The company also provides RV-related services, including maintenance, repairs, parts, and accessories, catering to the diverse needs of RV enthusiasts.

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

Lazydays Holdings is facing significant financial hurdles, marked by declining revenues, profitability challenges, and increased financial leverage. While recent improvements in free cash flow provide some optimism, the overall financial health requires strategic interventions to stabilize and improve the company's financial trajectory.

Income Statement

Lazydays Holdings experienced significant challenges in its income statement. Gross profit margins have declined over recent years, and there was a negative net profit margin in the most recent year, indicating losses. The revenue growth rate has also been negative, reflecting a concerning downward trend in sales. Losses in EBIT and EBITDA margins further signify operational inefficiencies.

Balance Sheet

The balance sheet reflects high leverage, with a debt-to-equity ratio that has increased over time. The company's return on equity has turned negative, and the equity ratio has declined, indicating reduced financial stability. These factors pose potential risks if not addressed promptly.

Cash Flow

Cash flow analysis shows some positive elements, such as the improvement in operating cash flow and free cash flow in the latest year. However, the previous negative free cash flow growth and the fluctuating operating cash flow to net income ratio highlight potential challenges in sustaining cash generation.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
871.56M	1.08B	1.33B	1.24B	817.11M
	Gross Profit
160.85M	210.23M	311.93M	310.37M	167.72M
	EBIT
-98.95M	14.20M	90.00M	125.84M	48.47M
	EBITDA
-95.77M	-87.33M	118.93M	133.25M	47.93M
	Net Income Common Stockholders
-179.96M	-110.27M	45.42M	55.27M	14.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
24.70M	58.09M	61.69M	98.12M	63.51M
	Total Assets
675.83M	937.74M	850.61M	719.23M	463.74M
	Total Debt
494.28M	680.25M	537.34M	402.84M	288.30M
	Net Debt
469.58M	622.16M	475.65M	304.72M	224.79M
	Total Liabilities
602.48M	724.55M	613.60M	513.10M	378.22M
	Stockholders Equity
73.35M	213.19M	237.01M	206.13M	85.52M
Cash Flow		Free Cash Flow
75.33M	-131.72M	-111.84M	-18.49M	92.43M
	Operating Cash Flow
94.35M	-36.48M	-71.96M	2.77M	111.07M
	Investing Cash Flow
-8.13M	-192.96M	-54.54M	-84.13M	-30.32M
	Financing Cash Flow
-119.61M	225.84M	90.07M	115.96M	-48.69M

Lazydays Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GORV, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.39, and below the 200-day MA of 1.07, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 28.89 is Positive, neither overbought nor oversold. The STOCH value of 10.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GORV.

Lazydays Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CARS	74 Outperform	$725.48M	15.97	9.35%	―	2.24%	-57.33%
CRMT	71 Outperform	$407.23M	54.78	1.50%	―	-2.26%	―
Sector *	61 Neutral	$6.68B	11.75	3.01%	3.94%	2.61%	-21.96%
CWH	53 Neutral	$1.50B	―	-13.97%	3.40%	0.75%	-412.53%
RMBL	44 Neutral	$85.18M	―	-130.43%	―	-14.45%	78.09%
GORV	40 Underperform	$16.52M	―	-143.68%	―	-18.48%	-7.78%
UXIN	40 Underperform	$857.21M	―	260.24%	―	9.33%	50.69%

Lazydays Holdings Corporate Events

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.

Spark’s Take on GORV Stock

According to Spark, TipRanks’ AI Analyst, GORV is a Neutral.

Lazydays Holdings faces considerable financial and operational challenges, with declining revenues and high leverage being major concerns. The negative market momentum and poor valuation metrics further pressure the stock. While strategic initiatives from the earnings call provide some hope for future stability, the current outlook remains cautious.

To see Spark’s full report on GORV stock, click here.

Lazydays Holdings Modifies Credit Agreement with Lenders

On March 27, 2025, Lazydays Holdings, Inc. entered into a Limited Waiver and Consent with M&T and other lenders, modifying their Credit Agreement to extend deadlines and reduce loan commitments. This agreement reflects Lazydays’ ongoing efforts to manage its financial obligations and restructure its operations following the partial completion of asset sales to Camping World Holdings, Inc. The company also terminated an Asset Purchase Agreement due to Camping World’s decision not to complete certain asset sales, impacting Lazydays’ strategic plans.