CarLotz, Inc. (LOTZ)

NASDAQ: LOTZ · IEX Real-Time Price · USD
0.418
+0.004 (1.01%)
At close: Jun 29, 2022 4:00 PM
0.410
-0.008 (-1.961%)
After-hours: Jun 29, 2022 6:11 PM EDT
1.01%
Market Cap 47.77M
Revenue (ttm) 264.94M
Net Income (ttm) -49.69M
Shares Out 114.22M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,390,723
Open 0.420
Previous Close 0.414
Day's Range 0.390 - 0.420
52-Week Range 0.390 - 5.620
Beta 0.46
Analysts Sell
Price Target 2.04 (+387.8%)
Earnings Date Aug 8, 2022

About LOTZ

CarLotz, Inc. operates as a consignment-to-retail used vehicle marketplace that provides its corporate vehicle sourcing partners and retail sellers of used vehicles. The company serves corporate vehicle sourcing partners, which include fleet leasing companies, vehicle rental companies, banks, finance companies, third-party remarketers, wholesalers, corporations managing their own fleets, and original equipment manufacturers; retail sellers of used vehicles to individuals; and retail customers. It operates 22 retail hubs throughout the Mid-Atlan... [Read more...]

Industry Auto & Truck Dealerships
Founded 2011
Employees 492
Stock Exchange NASDAQ
Ticker Symbol LOTZ
Full Company Profile

Financial Performance

In 2021, CarLotz's revenue was $258.53 million, an increase of 117.94% compared to the previous year's $118.63 million. Losses were -$39.88 million, 508.7% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for LOTZ stock is "Sell." The 12-month stock price forecast is 2.04, which is an increase of 387.80% from the latest price.

Price Target
$2.04
(387.80% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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Other symbols: TANHWTRH

CarLotz to lay off a third of its workforce, close some stores

Used-car consignment and marketplace CarLotz Inc. said late Tuesday it will lay off about a third of its workforce and close stores as it seeks to remain in business.

After-Hours Action: Why CarLotz Stock Is Sliding

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower by 3.78% at $0.49 in Tuesday's after-hours session after the company announced the closure of 11 dealership stores as part of a strategic review of it...

CarLotz Closes 50% of its Stores to Strategically Focus on Path to Profitability

RICHMOND, Va., June 21, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced the closure of 11 dea...

CarLotz, Inc. Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635 (C)(4)

RICHMOND, Va., May 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today that the Co...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating CarLotz, Inc.

Wilmington, Delaware--(Newsfile Corp. - May 16, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of CarLotz, Inc. (NASDAQ: LOTZ) on behalf of stockholders...

CarLotz, Inc. (LOTZ) Reports Q1 Loss, Lags Revenue Estimates

CarLotz, Inc. (LOTZ) delivered earnings and revenue surprises of -10% and 14.13%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CarLotz Announces First Quarter Fiscal 2022 Financial Results

First Quarter Revenue Grew 11% versus Last Year to $63.0 million First Quarter Retail Unit Sales of 2,270 First Quarter F&I Revenue Grew 138% versus Last Year

CarLotz, Inc. Announces First Quarter Fiscal 2022 Earnings Release Date, Conference Call and Webcast

RICHMOND, Va., April 18, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“The Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, will release its first quarter fisca...

CarLotz Strengthens Executive Leadership Team

Ozan Kaya Named President

Why CarLotz Shares Are Falling After Hours

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower in Tuesday's after-hours session after the company reported financial results, but refrained from providing guidance.  CarLotz said fourth-quarter rev...

CarLotz Announces CEO Transition

Lev Peker, CarParts.com CEO, Will Assume Top Post and Join Board of Directors Effective April 18 Lev Peker, CarParts.com CEO, Will Assume Top Post and Join Board of Directors Effective April 18

CarLotz Announces Fourth Quarter and Fiscal 2021 Financial Results

Fourth Quarter Revenue Grew 124% versus Last Year to $83.1 million Fourth Quarter Retail Unit Sales Grew 49% versus Last Year to 2,695 Fourth Quarter F&I Revenue Grew 139% versus Last Year

CarLotz Launches Mobile App

Ongoing digital improvements strengthen the company's Omnichannel, consumer-centric model RICHMOND, Va. , March 14, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retai...

CarLotz, Inc. Announces Fourth Quarter and Fiscal 2021 Earnings Release Date, Conference Call and Webcast

RICHMOND, Va., March 03, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, will release its fourth quarter and fiscal 2021 re...

CARLOTZ REMINDS US "IT FEELS GOOD TO BE A USED CAR PERSON"

RICHMOND, Va., Feb. 15, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today it has expanded its "it feels good to be a used ...

CarLotz' Holly Vollant Joins IARA Executive Committee

RICHMOND, Va., Feb. 3, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, is pleased to announce Holly Vollant, Senior Vice President, Reta...

CarLotz Launches National Partnership With Privacy4Cars

Vehicles at all CarLotz hubs have been processed using Privacy4Cars technology. CarLotz will add a visual icon to sales data, in hub and online, for all vehicles available.

CarLotz Announces National Partnership with Privacy4Cars

RICHMOND, Va., Jan. 28, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today it has launched a nationwide partnership with Pr...

Stock Wars: CarLotz Vs. Carvana

Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of used car comp...

Other symbols: CVNA

CARLOTZ (LOTZ) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating CarLotz, Inc. For Potential Securities Fra...

WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud violat...

CarLotz Opens In Huntsville

RICHMOND, Va., Dec. 20, 2021 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced it will open its second hub today in Alabama.

CarLotz Opens In Mobile

RICHMOND, Va., Dec. 6, 2021 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced it will open its first hub today in Alabama.

CARLOTZ ALERT: Bragar Eagel & Squire, P.C. is Investigating CarLotz, Inc. on Behalf of Long-Term Stockholders and Enc...

NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against CarLotz, Inc. (NASDAQ: LOTZ) on behalf of long-term...

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Other symbols: BDSIMARKMILE