Investment Analysts’ Weekly Ratings Updates for MarineMax (HZO)

A number of firms have modified their ratings and price targets on shares of MarineMax (NYSE: HZO) recently:

  • 2/10/2017 – MarineMax is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $26.00 price target on the stock.
  • 2/3/2017 – MarineMax was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MarineMax, Inc. is a recreational boat dealer in the United States. Through retail locations, the company sells new and used recreational boats and fishing boats with a focus on premium brands in each segment. “
  • 1/30/2017 – MarineMax had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $26.00 price target on the stock.
  • 1/26/2017 – MarineMax was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $23.00 price target on the stock. According to Zacks, “MarineMax, Inc. is a recreational boat dealer in the United States. Through retail locations, the company sells new and used recreational boats and fishing boats with a focus on premium brands in each segment. “
  • 1/25/2017 – MarineMax had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $26.00 price target on the stock.
  • 1/25/2017 – MarineMax had its price target raised by analysts at Wedbush from $19.00 to $22.00. They now have a “neutral” rating on the stock.
  • 1/11/2017 – MarineMax was given a new $25.00 price target on by analysts at Forward View. They now have a “buy” rating on the stock.
  • 1/4/2017 – MarineMax was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MarineMax, Inc. is a recreational boat dealer in the United States. Through retail locations, the company sells new and used recreational boats and fishing boats with a focus on premium brands in each segment. “

MarineMax, Inc. (NYSE:HZO) opened at 21.55 on Monday. MarineMax, Inc. has a one year low of $14.99 and a one year high of $22.05. The firm has a market cap of $522.44 million, a PE ratio of 21.79 and a beta of 0.91. The stock has a 50 day moving average price of $19.66 and a 200 day moving average price of $19.62.

MarineMax (NYSE:HZO) last announced its quarterly earnings data on Tuesday, January 24th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.13. MarineMax had a net margin of 2.47% and a return on equity of 7.78%. The business earned $226.90 million during the quarter, compared to the consensus estimate of $187.02 million. During the same quarter in the prior year, the firm earned $0.03 EPS. The company’s revenue for the quarter was up 33.8% compared to the same quarter last year. Equities research analysts expect that MarineMax, Inc. will post $1.26 EPS for the current year.

In other MarineMax news, EVP Charles A. Cashman sold 9,286 shares of the business’s stock in a transaction dated Wednesday, November 30th. The shares were sold at an average price of $18.66, for a total transaction of $173,276.76. Following the completion of the transaction, the executive vice president now directly owns 6,712 shares of the company’s stock, valued at approximately $125,245.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hilliard M. Eure sold 9,000 shares of the business’s stock in a transaction dated Monday, December 5th. The shares were sold at an average price of $20.09, for a total transaction of $180,810.00. Following the transaction, the director now directly owns 14,000 shares of the company’s stock, valued at $281,260. The disclosure for this sale can be found here. 5.00% of the stock is owned by corporate insiders.

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.

5 Day Chart for NYSE:HZO

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