MarineMax (NYSE:HZO) Updates FY25 Earnings Guidance

MarineMax (NYSE:HZO) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $1.80-2.80 for the period, compared to the consensus EPS estimate of $2.92. MarineMax also updated its FY 2025 guidance to 1.800-2.800 EPS.

MarineMax Stock Performance

Shares of HZO traded up $0.98 during trading hours on Thursday, reaching $31.02. 21,524 shares of the company traded hands, compared to its average volume of 308,531. The business has a fifty day moving average price of $32.04 and a 200-day moving average price of $31.07. The company has a quick ratio of 0.36, a current ratio of 1.20 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $691.78 million, a P/E ratio of 10.88 and a beta of 1.82. MarineMax has a 12-month low of $22.51 and a 12-month high of $39.85.

MarineMax (NYSE:HZO) last issued its quarterly earnings results on Thursday, October 31st. The specialty retailer reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.06. MarineMax had a net margin of 2.00% and a return on equity of 6.26%. The company had revenue of $563.10 million for the quarter, compared to the consensus estimate of $576.49 million. During the same quarter in the prior year, the company earned $0.69 EPS. MarineMax’s quarterly revenue was down 5.3% on a year-over-year basis. Equities analysts anticipate that MarineMax will post 2.06 EPS for the current fiscal year.

Analysts Set New Price Targets

HZO has been the topic of several analyst reports. StockNews.com downgraded MarineMax from a “hold” rating to a “sell” rating in a research report on Tuesday, September 3rd. Citigroup upgraded MarineMax from a “neutral” rating to a “buy” rating and lifted their price target for the company from $40.00 to $44.00 in a research report on Monday, September 9th. B. Riley lowered their price objective on MarineMax from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Wednesday, July 10th. DA Davidson boosted their target price on shares of MarineMax from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Stifel Nicolaus raised their price objective on MarineMax from $35.00 to $40.00 and gave the company a “buy” rating in a report on Friday, July 12th. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. According to MarketBeat, MarineMax has an average rating of “Moderate Buy” and an average target price of $41.83.

About MarineMax

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.