Marinemax, Inc. [HZO] stock prices are up 0.27% to $37.20 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HZO shares have gain 12.93% over the last week, with a monthly amount glided 13.45%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Marinemax, Inc. [NYSE: HZO] stock has seen the most recent analyst activity on October 23, 2023, when B. Riley Securities upgraded its rating to a Buy but kept the price target unchanged to $43 for it. Previously, B. Riley Securities downgraded its rating to Neutral on July 28, 2023, and dropped its price target to $43. On July 18, 2023, downgrade downgraded it’s rating to Mkt Perform. B. Riley Securities upgraded its rating to a Buy and decreased its price target to $52 on February 21, 2023. Stifel initiated its recommendation with a Buy and recommended $40 as its price target on December 15, 2022. B. Riley Securities downgraded its rating to Neutral for this stock on June 21, 2022, and downed its price target to $44. In a note dated April 26, 2022, DA Davidson initiated an Buy rating and provided a target price of $48 on this stock.
The stock price of Marinemax, Inc. [HZO] has been fluctuating between $22.51 and $42.88 over the past year. Currently, Wall Street analysts expect the stock to reach $46.8 within the next 12 months. Marinemax, Inc. [NYSE: HZO] shares were valued at $37.20 at the most recent close of the market. An investor can expect a potential return of 25.81% based on the average HZO price forecast.
Analyzing the HZO fundamentals
The Marinemax, Inc. [NYSE:HZO] reported sales of 2.46B for trailing twelve months, representing a surge of 4.97%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.30 points at the first support level, and at 35.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.08, and for the 2nd resistance point, it is at 38.95.
Ratios To Look Out For
It’s worth pointing out that Marinemax, Inc. [NYSE:HZO]’s Current Ratio is 1.20. In addition, the Quick Ratio stands at 0.36 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 0.86 and price to earnings (TTM) ratio is 17.35.
Transactions by insiders
Recent insider trading involved Moore Clint, Director, that happened on Mar 11 ’24 when 4000.0 shares were sold. EVP of Finance & CAO, Cassella Anthony E. Jr. completed a deal on Feb 15 ’24 to sell 5000.0 shares. Meanwhile, EVP & Chief Revenue Officer Cashman Charles A sold 7500.0 shares on Feb 02 ’24.
