Massimo Group (MAMO) Stock Price, News & Analysis

Company Overview

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels. The company sells its products through a network of dealerships, distributors, and chain stores, as well as the e-commerce marketplace. Massimo Group was founded in 2009 and is based in Garland, Texas.

Key Stats

• Today's Range: $4.15 to $4.66
• 50-Day Range: $2.96 to $4.35
• 52-Week Range: $2.76 to $4.66
• Volume: 218,311 shs
• Average Volume: 48,413 shs
• Market Capitalization: $177.27 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MAMO Stock Analysis - Frequently Asked Questions

How have MAMO shares performed this year?

Massimo Group's stock was trading at $3.01 at the beginning of 2024. Since then, MAMO shares have increased by 40.9% and is now trading at $4.24.
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How were Massimo Group's earnings last quarter?

Massimo Group (NASDAQ:MAMO) announced its earnings results on Monday, August, 12th. The company reported $0.08 earnings per share (EPS) for the quarter. The company earned $35.40 million during the quarter. Massimo Group had a net margin of 12.44% and a trailing twelve-month return on equity of 84.23%.

When did Massimo Group IPO?

Massimo Group (MAMO) raised $6 million in an initial public offering on Tuesday, April 2nd 2024. The company issued 1,300,000 shares at $4.00-$5.00 per share. Craft Capital Management and R.F. Lafferty & Co. served as the underwriters for the IPO.

When did the company's lock-up period expire?

Massimo Group's lock-up period expired on Monday, September 30th. Massimo Group had issued 1,300,000 shares in its initial public offering on April 2nd. The total size of the offering was $5,850,000 based on an initial share price of $4.50. Since the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Massimo Group's major shareholders?

Top institutional shareholders of Massimo Group include Evernest Financial Advisors LLC (0.03%).

How do I buy shares of Massimo Group?

Shares of MAMO 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.
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What other stocks do shareholders of Massimo Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Massimo Group investors own include AST SpaceMobile (ASTS), Tempus AI (TEM), Advanced Micro Devices (AMD), Broadcom (AVGO), Confluent (CFLT), Commvault Systems (CVLT) and Genius Sports (GENI).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 11/11/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Miscellaneous transportation equipment
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:MAMO
• Previous Symbol: NASDAQ:MAMO
• CUSIP: N/A
• CIK: 1952853
• Web: www.massimomotor.com
• Phone: 877-881-6376
• Fax: N/A
• Employees: 126
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.41 million
• Net Margins: 12.44%
• Pretax Margin: 15.90%
• Return on Equity: 84.23%
• Return on Assets: 31.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.50
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $115.04 million
• Price / Sales: 1.52
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 41,320,000
• Free Float: N/A
• Market Cap: $175.20 million
• Optionable: N/A
• Beta: N/A