Marinemax, Inc [HZO] stock is trading at $19.32, down -0.87%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HZO shares have gain 9.40% over the last week, with a monthly amount drifted -18.34%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Marinemax, Inc [NYSE: HZO] stock has seen the most recent analyst activity on October 15, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $40. Previously, Citigroup upgraded its rating to Buy on September 09, 2024, and elevated its price target to $44. On October 23, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $43 on the stock. B. Riley Securities downgraded its rating to a Neutral and decreased its price target to $43 on July 28, 2023. Raymond James downgraded its rating to a Mkt Perform. B. Riley Securities upgraded its rating to Buy for this stock on February 21, 2023, and downed its price target to $52. In a note dated December 15, 2022, Stifel initiated an Buy rating and provided a target price of $40 on this stock.
Marinemax, Inc [HZO] stock has fluctuated between $16.85 and $38.20 over the past year. Currently, Wall Street analysts expect the stock to reach $30.5 within the next 12 months. Marinemax, Inc [NYSE: HZO] shares were valued at $19.32 at the most recent close of the market. An investor can expect a potential return of 57.87% based on the average HZO price forecast.
Analyzing the HZO fundamentals
Marinemax, Inc [NYSE:HZO] reported sales of 2.37B for the trailing twelve months, which represents a drop of -11.15%. Gross Profit Margin for this corporation currently stands at 0.34% 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 0.06 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
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 18.52 points at the first support level, and at 17.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.81, and for the 2nd resistance point, it is at 22.30.
Ratios To Look Out For
For context, Marinemax, Inc’s Current Ratio is 1.19. Further, the Quick Ratio stands at 0.24, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.44 and price to earnings (TTM) ratio is 8.11.
Transactions by insiders
Recent insider trading involved Biumi Bonnie, Director, that happened on Mar 11 ’25 when 1000.0 shares were purchased. Director, Biumi Bonnie completed a deal on Feb 24 ’25 to buy 1000.0 shares. Meanwhile, Director Moore Clint sold 4100.0 shares on Jan 27 ’25.
