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Marinemax (HZO)
NYSE:HZO
Marinemax (HZO) Stock Price & Analysis
420 Followers
HZO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.51 - $42.88
Previous Close$30.55
Volume247.08K
Average Volume (3M)352.55K
Market Cap
$681.31M
Enterprise Value$1.70B
Total Cash (Recent Filing)$210.32M
Total Debt (Recent Filing)$1.22B
Price to Earnings (P/E)11.1
Beta1.19
Next Earnings
Jul 25, 2024EPS Estimate
$1.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.75
Shares Outstanding22,301,435
10 Day Avg. Volume262,385
30 Day Avg. Volume352,553
Standard Deviation0.15
R-Squared0.40
Alpha-0.00063
Financial Highlights & Ratios
Price to Book (P/B)2.40
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)-2.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.70
Enterprise Value/Gross Profit2.03
Enterprise Value/Ebitda7.50
Forecast
1Y Price Target
$39.33Price Target Upside27.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Marinemax News
PremiumThe Fly
MarineMax rises 24.3%
PremiumThe Fly
MarineMax rises 18.5%
PremiumThe Fly
MarineMax rises 17.8%
Bulls Say, Bears Say
Bulls Say
Financial HealthWhile the recovery in demand is expected to be delayed, HZO is well positioned to benefit from that recovery with a healthy balance sheet and structurally higher gross margins.
Market PositionOpportunity for ONEW to gain market share within the recreational marine industry with non-competitive boat brands.
ValuationReal estate monetization strategy could drive a valuation well above our $38 PT.
Bears Say
Financial PerformanceMarineMax, Inc. reported 2Q24 results that came in below expectations on a weaker-than-expected recovery in boat demand and continued pressure on margins due to elevated promotional activity.
GuidanceManagement reduces FY24 guidance, projecting industry unit sales to be down slightly this year, resulting in a reduction in AEBITDA guidance.
MarginsBoat margins could remain pressured throughout FY24 due to elevated discounts and lingering inventory issues in the industry.
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Ownership Overview
5.52% Insiders
31.83% Mutual Funds
47.72% Other Institutional Investors
14.92% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Marinemax
Desktop Users
Mobile Users
HZO FAQ
What was Marinemax’s price range in the past 12 months?
Marinemax lowest stock price was $22.51 and its highest was $42.88 in the past 12 months.
What is Marinemax’s market cap?
Currently, no data Available
When is Marinemax’s upcoming earnings report date?
Marinemax’s upcoming earnings report date is Jul 25, 2024 which is in 22 days.
How were Marinemax’s earnings last quarter?
Marinemax released its earnings results on Apr 25, 2024. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.585 by -$0.405.
Is Marinemax overvalued?
According to Wall Street analysts Marinemax’s price is currently Undervalued.
Does Marinemax pay dividends?
Marinemax does not currently pay dividends.
What is Marinemax’s EPS estimate?
Marinemax’s EPS estimate is $1.45.
How many shares outstanding does Marinemax have?
Marinemax has 22,301,435 shares outstanding.
What happened to Marinemax’s price movement after its last earnings report?
Marinemax reported an EPS of $0.18 in its last earnings report, missing expectations of $0.585. Following the earnings report the stock price went down -5.813%.
Which hedge fund is a major shareholder of Marinemax?
Among the largest hedge funds holding Marinemax’s share is Hotchkis & Wiley Capital Management LLC. It holds Marinemax’s shares valued at 9M.
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Marinemax Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$39.33 (27.24% Upside)
$39.33 (27.24% Upside)
Blogger Sentiment
Bullish
HZO Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 45.8K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.56%
12-Months-Change
Fundamentals
Return on Equity
6.97%
Trailing 12-Months
Asset Growth
13.17%
Trailing 12-Months
Company Description
Marinemax
MarineMax, Inc. engages in the provision of boating-related activities. The firm sells used and new sport boats, sport cruisers, sport yachts and fishing boats through retail stores. It also provides maintenance, repair, slip and storage services. The company was founded in January 1998 and is headquartered in Clearwater, FL.
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HZO Company Deck
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HZO Earnings Call
Q2 2024
0:00 / 0:00
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HZO Stock 12 Month Forecast
Average Price Target
$39.33
▲(27.24% Upside)
Technical Analysis
Best Analysts Covering HZO
1 Year
1 Year Success Rate
13/28 ratings generated profit
1 Year Average Return
+43.96%
reiterated a buy rating 2 months ago
Copying Michael Swartz's trades and holding each position for 1 Year would result in 46.43% of your transactions generating a profit, with an average return of +43.96% per trade.
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