MarineMax (HZO) Given Daily Media Sentiment Score of 0.31

Headlines about MarineMax (NYSE:HZO) have trended positive on Friday, according to Alpha One Sentiment. Alpha One, a service of Accern, identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MarineMax earned a news impact score of 0.31 on Alpha One’s scale. Alpha One also gave news articles about the specialty retailer an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the company’s share price in the next few days.

Shares of MarineMax (NYSE:HZO) traded up 0.83% on Friday, reaching $18.25. The company’s stock had a trading volume of 243,301 shares. MarineMax has a 1-year low of $15.10 and a 1-year high of $23.65. The company has a 50 day moving average of $20.55 and a 200 day moving average of $20.18. The stock has a market capitalization of $444.39 million, a P/E ratio of 18.30 and a beta of 0.91.

MarineMax (NYSE:HZO) last posted its earnings results on Thursday, April 27th. The specialty retailer reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.06. The firm had revenue of $245.02 million during the quarter, compared to analyst estimates of $237.99 million. MarineMax had a net margin of 2.47% and a return on equity of 7.78%. The firm’s revenue for the quarter was up 22.8% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. Equities research analysts expect that MarineMax will post $1.22 earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on HZO. Zacks Investment Research lowered MarineMax from a “buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Citigroup Inc began coverage on MarineMax in a research report on Friday, February 10th. They set a “buy” rating and a $26.00 target price on the stock. B. Riley reiterated a “buy” rating and set a $26.00 target price on shares of MarineMax in a research report on Friday, April 28th. Finally, Wedbush increased their target price on MarineMax from $19.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, January 25th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $24.33.

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In other MarineMax news, COO W Brett Mcgill sold 10,000 shares of the company’s stock in a transaction on Thursday, March 16th. The stock was sold at an average price of $22.86, for a total value of $228,600.00. Following the sale, the chief operating officer now owns 18,428 shares of the company’s stock, valued at $421,264.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.00% of the stock is currently owned by corporate insiders.

About MarineMax

MarineMax, Inc is a recreational boat and yacht dealer in the United States. Through 56 retail locations in Alabama, California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, and Texas, the Company sold new and used recreational boats, including pleasure and fishing boats, as of September 30, 2016.

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