MarineMax VP Sells $57,750 in Stock (HZO)
MarineMax (NYSE:HZO) VP W Brett Mcgill sold 3,500 shares of the stock on the open market in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $16.50, for a total transaction of $57,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Raymond James upgraded shares of MarineMax from an “outperform” rating to a “strong-buy” rating in a research note on Thursday, July 24th. They now have a $20.00 price target on the stock, up previously from $18.00. Analysts at Zacks upgraded shares of MarineMax from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 10th. They now have a $17.00 price target on the stock.
MarineMax (NYSE:HZO) traded up 1.21% on Wednesday, hitting $16.70. The stock had a trading volume of 173,314 shares. MarineMax has a one year low of $11.17 and a one year high of $17.62. The stock has a 50-day moving average of $16.4 and a 200-day moving average of $15.66. The company has a market cap of $401.0 million and a price-to-earnings ratio of 35.26.
MarineMax (NYSE:HZO) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by $0.07. The company had revenue of $214.00 million for the quarter, compared to the consensus estimate of $210.61 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 22.0% 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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