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

MarineMax (NYSE:HZO) issued its quarterly earnings results on Thursday. The specialty retailer reported $0.17 earnings per share for the quarter, topping 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 Stock Down 2.8 %

Shares of NYSE HZO opened at $27.79 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.34 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $29.62 and a 200 day moving average of $31.24. The stock has a market cap of $630.53 million, a PE ratio of 16.84 and a beta of 1.89. MarineMax has a 12-month low of $22.51 and a 12-month high of $38.20.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. StockNews.com downgraded MarineMax from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. DA Davidson cut their price objective on MarineMax from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Benchmark started coverage on MarineMax in a report on Tuesday, October 15th. They set a “buy” rating and a $40.00 target price for the company. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to MarketBeat, MarineMax currently has an average 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.