MarineMax (NYSE:HZO – Get Free Report) released its earnings results on Thursday. The specialty retailer reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.14) by $0.31, Zacks reports. MarineMax had a net margin of 1.57% and a return on equity of 5.09%. MarineMax updated its FY 2025 guidance to 1.800-2.800 EPS.
MarineMax Stock Up 17.3 %
NYSE HZO opened at $32.77 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.19 and a quick ratio of 0.34. MarineMax has a one year low of $22.51 and a one year high of $38.20. The firm has a market cap of $743.60 million, a PE ratio of 19.86 and a beta of 1.89. The stock’s 50 day simple moving average is $29.56 and its 200 day simple moving average is $31.22.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. StockNews.com cut shares of MarineMax from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. Benchmark began coverage on MarineMax in a research report on Tuesday, October 15th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, DA Davidson reduced their target price on MarineMax from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $41.50.
MarineMax Company Profile
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.
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