MarineMax (HZO) Projected to Post Quarterly Earnings on Thursday

MarineMax (NYSE:HZO) is projected to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect MarineMax to post earnings of ($0.14) per share and revenue of $485,460.00 billion for the quarter. MarineMax has set its FY 2025 guidance at 1.800-2.800 EPS and its FY25 guidance at $1.80-2.80 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

MarineMax (NYSE:HZO) last issued its quarterly earnings data on Thursday, October 31st. The specialty retailer reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. The business had revenue of $563.10 million for the quarter, compared to analyst estimates of $576.49 million. During the same quarter in the prior year, the firm posted $0.69 EPS. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. On average, analysts expect MarineMax to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MarineMax Price Performance

Shares of MarineMax stock opened at $27.95 on Tuesday. MarineMax has a 1-year low of $22.51 and a 1-year high of $38.20. The firm has a fifty day simple moving average of $29.67 and a 200-day simple moving average of $31.26. 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 stock has a market capitalization of $634.24 million, a price-to-earnings ratio of 16.94 and a beta of 1.89.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. StockNews.com downgraded shares of MarineMax from a “hold” rating to a “sell” rating in a report on Wednesday, January 8th. Benchmark started coverage on shares of MarineMax in a research note on Tuesday, October 15th. They set a “buy” rating and a $40.00 price target on the stock. One analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently 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.