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MarineMax (HZO) Stock Price, News & Analysis

MarineMax logo
$30.56 +0.85 (+2.86%)
(As of 11/22/2024 ET)

About MarineMax Stock (NYSE:HZO)

Key Stats

Today's Range
$29.89
$30.97
50-Day Range
$28.69
$36.22
52-Week Range
$22.51
$39.85
Volume
178,400 shs
Average Volume
302,378 shs
Market Capitalization
$690.35 million
P/E Ratio
18.52
Dividend Yield
N/A
Price Target
$41.83
Consensus Rating
Buy

Company Overview

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. It also offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment. In addition, the company provides novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage services; and boat or yacht brokerage services, as well as yacht charters and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, trailer tire and wheel protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates MarineMax vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida.

MarineMax Stock Analysis - MarketRank™

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95th Percentile Overall Score

HZO MarketRank™: 

MarineMax scored higher than 95% of companies evaluated by MarketBeat, and ranked 24th out of 208 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MarineMax has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MarineMax has only been the subject of 2 research reports in the past 90 days.

  • Read more about MarineMax's stock forecast and price target.
  • Earnings Growth

    Earnings for MarineMax are expected to grow by 36.91% in the coming year, from $2.33 to $3.19 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MarineMax is 18.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.90.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MarineMax is 18.52, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 121.69.

  • Price to Book Value per Share Ratio

    MarineMax has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about MarineMax's valuation and earnings.
  • Percentage of Shares Shorted

    8.59% of the float of MarineMax has been sold short.
  • Short Interest Ratio / Days to Cover

    MarineMax has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in MarineMax has recently decreased by 10.16%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    MarineMax does not currently pay a dividend.

  • Dividend Growth

    MarineMax does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.59% of the float of MarineMax has been sold short.
  • Short Interest Ratio / Days to Cover

    MarineMax has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in MarineMax has recently decreased by 10.16%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    MarineMax has a news sentiment score of 1.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for MarineMax this week, compared to 4 articles on an average week.
  • MarketBeat Follows

    4 people have added MarineMax to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MarineMax insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.00% of the stock of MarineMax is held by insiders.

  • Percentage Held by Institutions

    92.85% of the stock of MarineMax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MarineMax's insider trading history.
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HZO Stock News Headlines

MarineMax files automatic mixed securities shelf
MarineMax price target lowered to $38 from $42 at DA Davidson
Bill Gates’s Next Big AI Bet: Stargate
In February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of my favorite stocks. Shares have jumped by more than 20,000% since then.
D.A. Davidson Keeps Their Buy Rating on Marinemax (HZO)
MarineMax Navigates Challenges in Fiscal 2024 Results
MarineMax sees FY25 adjusted EPS $1.80 to $2.80, consensus $2.99
See More Headlines

HZO Stock Analysis - Frequently Asked Questions

MarineMax's stock was trading at $38.90 at the beginning of the year. Since then, HZO shares have decreased by 21.4% and is now trading at $30.56.
View the best growth stocks for 2024 here
.

MarineMax, Inc. (NYSE:HZO) announced its earnings results on Thursday, October, 31st. The specialty retailer reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.06. MarineMax's quarterly revenue was down 5.3% on a year-over-year basis.

MarineMax subsidiaries include these companies: Intrepid, Texas MasterCraft, Nisswa Marine, Cruisers Yachts, SkipperBud’s & Silver Seas Yachts, Private Insurance Services, NORTHROP & JOHNSON, and more.

Top institutional shareholders of MarineMax include State Street Corp (4.14%), Private Management Group Inc. (2.39%), Royce & Associates LP (1.65%) and Charles Schwab Investment Management Inc. (1.54%). Insiders that own company stock include Joseph Allen Watters, Charles A Cashman, Clint Moore, Hilliard M Eure, Rebecca White, Anthony E Jr Cassella and Michael H Mclamb.
View institutional ownership trends
.

Shares of HZO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MarineMax investors own include NVIDIA (NVDA), Meta Platforms (META), YETI (YETI), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
10/31/2024
Today
11/24/2024
Next Earnings (Estimated)
1/23/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Auto & home supply stores
Sub-Industry
Specialty Stores
CUSIP
56790810
Employees
4,050
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$41.83
High Stock Price Target
$46.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+36.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$38.07 million
Pretax Margin
2.23%

Debt

Sales & Book Value

Annual Sales
$2.43 billion
Cash Flow
$4.31 per share
Book Value
$43.65 per share

Miscellaneous

Free Float
21,691,000
Market Cap
$690.35 million
Optionable
Optionable
Beta
1.85

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This page (NYSE:HZO) was last updated on 11/25/2024 by MarketBeat.com Staff
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