Marinemax, Inc (NYSE: HZO)’s stock price has plunge by 15.86relation to previous closing price of 27.94. Nevertheless, the company has seen a 16.65% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-23 that MarineMax, Inc. (NYSE:HZO ) Q1 2025 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants Scott Solomon – Investor Relations, Sharon Merrill Advisors Mike McLamb – Chief Financial Officer Brett McGill – President and Chief Executive Officer Conference Call Participants Joe Altobello – Raymond James Drew Crum – Stifel Michael Swartz – Truist Fred Wightman – Wolfe Research John Healy – Northcoast Research Brandon Rolle – DA Davidson Michael Albanese – The Benchmark Company James Hardiman – Citi David McGregor – Longbow Research Operator Good morning, and welcome to the MarineMax Inc. Fiscal 2025 First Quarter Conference Call. Today’s call is being recorded.
Is It Worth Investing in Marinemax, Inc (NYSE: HZO) Right Now?
Marinemax, Inc (NYSE: HZO) has a price-to-earnings ratio that is above its average at 13.60x. The stock has a 36-month beta value of 1.90. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for HZO is 19.85M, and at present, short sellers hold a 8.83% of that float. On January 24, 2025, the average trading volume of HZO was 228.56K shares.
HZO’s Market Performance
HZO’s stock has seen a 16.65% increase for the week, with a 12.32% rise in the past month and a 8.08% gain in the past quarter. The volatility ratio for the week is 4.85%, and the volatility levels for the past 30 days are at 4.39% for Marinemax, Inc The simple moving average for the last 20 days is 15.63% for HZO stock, with a simple moving average of 5.52% for the last 200 days.
Analysts’ Opinion of HZO
Many brokerage firms have already submitted their reports for HZO stocks, with The Benchmark Company repeating the rating for HZO by listing it as a “Buy.” The predicted price for HZO in the upcoming period, according to The Benchmark Company is $40 based on the research report published on October 15, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see HZO reach a price target of $44, previously predicting the price at $40. The rating they have provided for HZO stocks is “Buy” according to the report published on September 09th, 2024.
B. Riley Securities gave a rating of “Buy” to HZO, setting the target price at $43 in the report published on October 23rd of the previous year.
HZO Trading at 8.39% from the 50-Day Moving Average
After a stumble in the market that brought HZO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.26% of loss for the given period.
Volatility was left at 4.39%, however, over the last 30 days, the volatility rate increased by 4.85%, as shares surge +14.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.68% lower at present.
During the last 5 trading sessions, HZO rose by +16.65%, which changed the moving average for the period of 200-days by +8.70% in comparison to the 20-day moving average, which settled at $27.99. In addition, Marinemax, Inc saw 11.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HZO starting from Cashman Charles A, who sale 12,500 shares at the price of $32.08 back on Nov 07 ’24. After this action, Cashman Charles A now owns 67,114 shares of Marinemax, Inc, valued at $401,000 using the latest closing price.
Cashman Charles A, the Officer of Marinemax, Inc, proposed sale 12,500 shares at $32.20 during a trade that took place back on Nov 07 ’24, which means that Cashman Charles A is holding shares at $402,500 based on the most recent closing price.
Stock Fundamentals for HZO
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.34 for the gross margin
The net margin for Marinemax, Inc stands at 0.02. The total capital return value is set at 0.1. Equity return is now at value 5.75, with 2.14 for asset returns.
Based on Marinemax, Inc (HZO), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at -0.09. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 2.02.
Currently, EBITDA for the company is 172.71 million with net debt to EBITDA at 4.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 28.49for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To sum up, Marinemax, Inc (HZO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
