MarineMax (HZO) Scheduled to Post Earnings on Thursday

MarineMax (NYSE:HZO - Get Free Report) is set to release its earnings data before the market opens on Thursday, October 31st. Analysts expect MarineMax to post earnings of $0.18 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

MarineMax (NYSE:HZO - Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.16. The company had revenue of $757.72 million for the quarter, compared to analyst estimates of $720.30 million. MarineMax had a net margin of 2.00% and a return on equity of 6.26%. MarineMax's revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company posted $2.07 earnings per share. On average, analysts expect MarineMax to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MarineMax Stock Up 3.9 %

NYSE HZO traded up $1.14 during midday trading on Friday, hitting $30.05. 332,304 shares of the company traded hands, compared to its average volume of 312,020. The company has a market cap of $670.15 million, a PE ratio of 11.13 and a beta of 1.82. MarineMax has a 52 week low of $22.51 and a 52 week high of $39.85. The company's 50-day simple moving average is $32.07 and its 200-day simple moving average is $30.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.20 and a quick ratio of 0.36.

Analyst Ratings Changes

Several analysts recently commented on HZO shares. Benchmark initiated coverage on shares of MarineMax in a research report on Tuesday, October 15th. They set a "buy" rating and a $40.00 price target on the stock. DA Davidson increased their price target on MarineMax from $34.00 to $37.00 and gave the stock a "buy" rating in a research report on Wednesday, July 24th. Stifel Nicolaus boosted their price objective on MarineMax from $35.00 to $40.00 and gave the company a "buy" rating in a research report on Friday, July 12th. Truist Financial increased their target price on MarineMax from $35.00 to $44.00 and gave the company a "buy" rating in a research report on Friday, July 26th. Finally, B. Riley cut their price target on shares of MarineMax from $48.00 to $46.00 and set a "buy" rating for the company in a report on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, MarineMax currently has a consensus rating of "Moderate Buy" and an average target price of $41.83.

About MarineMax

MarineMax, Inc operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.