RumbleON, Inc. Reports Q3 Loss, Lags Revenue Estimates

RMBL Stock  USD 5.68  0.65  10.27%   
About 63% of RumbleON's investor base is looking to short. The analysis of current outlook of investing in RumbleON suggests that many traders are alarmed regarding RumbleON's prospects. RumbleON's investing sentiment shows overall attitude of investors towards RumbleON.
  
RumbleON delivered earnings and revenue surprises of -190.91 percent and 2.56, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock

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RumbleON Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards RumbleON can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

RumbleON Fundamental Analysis

We analyze RumbleON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RumbleON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RumbleON based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Operating Margin

Operating Margin Comparative Analysis

RumbleON is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

RumbleON Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RumbleON stock to make a market-neutral strategy. Peer analysis of RumbleON could also be used in its relative valuation, which is a method of valuing RumbleON by comparing valuation metrics with similar companies.

Peers

RumbleON Related Equities

RUSHARush Enterprises   4.78   
0%
100.0%
SAHSonic Automotive   4.60   
0%
96.0%
ANAutoNation   4.13   
0%
86.0%
PAGPenske Automotive   3.84   
0%
80.0%
RUSHBRush Enterprises   3.24   
0%
67.0%
CARSCars   2.90   
0%
60.0%
GPIGroup 1   2.87   
0%
60.0%
ABGAsbury Automotive   2.11   
0%
44.0%
DRVNDriven Brands   2.10   
0%
43.0%
KARKAR Auction   1.30   
0%
27.0%
LADLithia Motors   0.87   
0%
18.0%
CARGCarGurus   0.59   
0%
12.0%
KFSKingsway Financial   1.11   
23.0%
0%
When determining whether RumbleON is a strong investment it is important to analyze RumbleON's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out RumbleON Hype Analysis, RumbleON Correlation and RumbleON Performance.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RumbleON. If investors know RumbleON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RumbleON's market value can be influenced by many factors that don't directly affect RumbleON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.