MarineMax (NYSE:HZO – Get Free Report) posted its quarterly earnings results on Thursday. The specialty retailer reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.31, Zacks reports. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. MarineMax updated its FY 2025 guidance to 1.800-2.800 EPS.
MarineMax Price Performance
Shares of NYSE HZO opened at $27.79 on Thursday. The firm’s 50 day simple moving average is $29.62 and its 200-day simple moving average is $31.24. MarineMax has a 12 month low of $22.51 and a 12 month high of $38.20. The stock has a market capitalization of $630.53 million, a price-to-earnings ratio of 16.84 and a beta of 1.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.19 and a quick ratio of 0.34.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on HZO shares. StockNews.com downgraded shares of MarineMax from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. DA Davidson reduced their price target on MarineMax from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Benchmark began coverage on MarineMax in a research note on Tuesday, October 15th. They issued a “buy” rating and a $40.00 target price on the stock. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $41.50.
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.
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