MarineMax Inc. Reaches New 12-Month High at $14.19 (HZO)
MarineMax (NYSE:HZO)’s share price reached a new 52-week high during trading hours on Friday, Stock Ratings News reports. The company traded as high as $14.19 and last traded at $14.02, with a volume of 75,349 shares traded. The stock had previously closed at $14.00.
Several analysts have recently commented on the stock. Analysts at B. Riley upgraded shares of MarineMax from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $16.25 price target on the stock, up previously from $13.00. Separately, analysts at TheStreet upgraded shares of MarineMax from a “hold” rating to a “buy” rating in a research note to investors on Thursday, October 3rd. Finally, analysts at TheStreet downgraded shares of MarineMax from a “buy” rating to a “hold” rating in a research note to investors on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. MarineMax currently has a consensus rating of “Buy” and an average target price of $13.21.
MarineMax has a 52 week low of $7.17 and a 52 week high of $14.18. The stock’s 50-day moving average is $12.37 and its 200-day moving average is $12.12. The company has a market cap of $329.8 million and a price-to-earnings ratio of 40.82.
MarineMax (NYSE:HZO) last announced its earnings results on Thursday, July 25th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.25. The company had revenue of $175.80 million for the quarter, compared to the consensus estimate of $171.04 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was up 16.1% on a year-over-year basis. Analysts expect that MarineMax will post $0.39 EPS for the current fiscal year.
MarineMax, Inc is a recreational boat dealer in the United States. Through 54 retail locations in Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Kansas, Maryland, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, the Company sells new and used recreational boats, including pleasure and fishing boats.
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