MarineMax (NYSE:HZO) Announces Earnings Results

MarineMax (NYSE:HZO) released its earnings results on Thursday. The specialty retailer reported $0.17 earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.31, Zacks reports. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. MarineMax updated its FY 2025 guidance to 1.800-2.800 EPS.

MarineMax Price Performance

NYSE HZO opened at $32.77 on Friday. MarineMax has a fifty-two week low of $22.51 and a fifty-two week high of $38.20. The stock’s 50-day moving average is $29.56 and its two-hundred day moving average is $31.22. The firm has a market cap of $743.60 million, a P/E ratio of 19.86 and a beta of 1.89. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.19 and a quick ratio of 0.34.

Analysts Set New Price Targets

HZO has been the topic of a number of research analyst reports. StockNews.com downgraded shares of MarineMax from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. DA Davidson lowered their price target on shares of MarineMax from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Benchmark initiated coverage on MarineMax in a research report on Tuesday, October 15th. They set a “buy” rating and a $40.00 price objective for the company. One analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

MarineMax Company Profile

MarineMax, Inc operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.