Shares of MarineMax Inc (NYSE:HZO) have earned an average recommendation of “Buy” from the ten brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $22.00.
HZO has been the topic of a number of research analyst reports. TheStreet raised MarineMax from a “c+” rating to a “b” rating in a research note on Thursday, December 7th. Zacks Investment Research raised MarineMax from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, January 3rd. B. Riley reaffirmed a “buy” rating and issued a $19.75 price target on shares of MarineMax in a research note on Thursday, October 26th. Craig Hallum set a $21.00 price target on MarineMax and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, Northcoast Research set a $26.00 price target on MarineMax and gave the stock a “buy” rating in a research note on Wednesday, January 24th.
In related news, CEO William H. Mcgill, Jr. sold 5,400 shares of MarineMax stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $22.00, for a total transaction of $118,800.00. Following the transaction, the chief executive officer now owns 262,142 shares in the company, valued at $5,767,124. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Paulee C. Day sold 5,000 shares of MarineMax stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $24.16, for a total value of $120,800.00. Following the transaction, the executive vice president now owns 29,675 shares in the company, valued at approximately $716,948. The disclosure for this sale can be found here. Insiders sold 105,400 shares of company stock worth $2,403,250 over the last ninety days. Corporate insiders own 4.40% of the company’s stock.
Shares of MarineMax (NYSE:HZO) opened at $21.50 on Tuesday. MarineMax has a 1-year low of $13.80 and a 1-year high of $24.30. The company has a market capitalization of $571.40, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 0.48 and a beta of 0.98.
MarineMax (NYSE:HZO) last issued its quarterly earnings data on Wednesday, January 24th. The specialty retailer reported $0.23 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.24. MarineMax had a return on equity of 8.63% and a net margin of 2.36%. The company had revenue of $236.92 million for the quarter, compared to analyst estimates of $231.75 million. During the same period last year, the company earned $0.11 earnings per share. MarineMax’s quarterly revenue was up 4.4% compared to the same quarter last year. research analysts anticipate that MarineMax will post 1.48 EPS for the current fiscal year.
MarineMax Company Profile
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.
Receive News & Ratings for MarineMax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MarineMax and related companies with MarketBeat.com's FREE daily email newsletter.