MarineMax CEO Sells $90,000 in Stock (HZO)
MarineMax (NYSE:HZO) CEO William H. Mcgill, Jr. unloaded 5,000 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $18.00, for a total transaction of $90,000.00. Following the sale, the chief executive officer now directly owns 247,530 shares in the company, valued at approximately $4,455,540. The transaction was disclosed in a filing with the SEC, which is available at this link.
Separately, 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.
MarineMax (NYSE:HZO) traded up 0.28% during mid-day trading on Friday, hitting $17.79. 37,067 shares of the company’s stock traded hands. MarineMax has a 52-week low of $11.17 and a 52-week high of $18.15. The stock has a 50-day moving average of $16.86 and a 200-day moving average of $15.84. The company has a market cap of $427.7 million and a price-to-earnings ratio of 37.91.
MarineMax (NYSE:HZO) last announced its 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 last year, the company posted $0.27 earnings per share. MarineMax’s revenue was up 22.0% compared to the same quarter last year. On average, analysts predict that MarineMax will post $0.39 earnings per share 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.
Receive News & Ratings for MarineMax Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MarineMax Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.