MarineMax (NYSE:HZO) Releases FY25 Earnings Guidance

MarineMax (NYSE:HZO - Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.80-2.80 for the period, compared to the consensus estimate of $2.92. MarineMax also updated its FY 2025 guidance to 1.800-2.800 EPS.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. StockNews.com lowered MarineMax from a "hold" rating to a "sell" rating in a report on Tuesday, September 3rd. Benchmark began coverage on MarineMax in a research note on Tuesday, October 15th. They set a "buy" rating and a $40.00 price target on the stock. Citigroup upgraded shares of MarineMax from a "neutral" rating to a "buy" rating and increased their target price for the stock from $40.00 to $44.00 in a report on Monday, September 9th. Stifel Nicolaus boosted their price target on shares of MarineMax from $35.00 to $40.00 and gave the company a "buy" rating in a report on Friday, July 12th. Finally, B. Riley lowered their price target on shares of MarineMax from $48.00 to $46.00 and set a "buy" rating for the company in a research report on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the stock. Based on data from MarketBeat, MarineMax has an average rating of "Moderate Buy" and a consensus price target of $41.83.

MarineMax Trading Down 3.0 %

Shares of HZO stock traded down $0.91 during trading on Thursday, hitting $29.13. 422,067 shares of the stock traded hands, compared to its average volume of 310,430. MarineMax has a 52-week low of $22.51 and a 52-week high of $39.85. The firm's fifty day moving average price is $32.04 and its 200-day moving average price is $31.07. The firm has a market capitalization of $649.63 million, a P/E ratio of 11.18 and a beta of 1.82. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.20 and a quick ratio of 0.36.

MarineMax (NYSE:HZO - Get Free Report) last posted its earnings results on Thursday, October 31st. The specialty retailer reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.06. MarineMax had a net margin of 2.00% and a return on equity of 6.26%. The firm had revenue of $563.10 million for the quarter, compared to the consensus estimate of $576.49 million. During the same period last year, the firm posted $0.69 EPS. The company's revenue was down 5.3% on a year-over-year basis. As a group, research analysts forecast that MarineMax will post 2.06 earnings per share for the current fiscal year.

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.