MarineMax (NYSE:HZO) Issues Quarterly Earnings Results, Beats Estimates By $0.31 EPS

MarineMax (NYSE:HZO) released its quarterly earnings results on Thursday. The specialty retailer reported $0.17 EPS for the quarter, beating analysts’ consensus estimates 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 Stock Performance

Shares of NYSE HZO opened at $30.81 on Friday. The company has a 50 day simple moving average of $29.64 and a two-hundred day simple moving average of $31.23. The stock has a market cap of $699.08 million, a price-to-earnings ratio of 18.67 and a beta of 1.89. The company has a current ratio of 1.19, a quick ratio of 0.34 and a debt-to-equity ratio of 0.36. MarineMax has a 12 month low of $22.51 and a 12 month high of $38.20.

Wall Street Analyst Weigh In

Several brokerages recently commented on HZO. StockNews.com raised shares of MarineMax from a “sell” rating to a “hold” rating in a research report on Friday. DA Davidson decreased their price target on shares of MarineMax from $38.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Benchmark reissued a “buy” rating and set a $40.00 price objective on shares of MarineMax in a report on Friday. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, MarineMax has a consensus rating of “Moderate Buy” and a consensus target price 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.