After finishing at $29.39 in the prior trading day, Marinemax, Inc. (NYSE: HZO) closed at $27.50, down -6.43%. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 618982 shares were traded. HZO stock price reached its highest trading level at $28.61 during the session, while it also had its lowest trading level at $27.03.
Ratios:
Our goal is to gain a better understanding of HZO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 0.55.
On July 28, 2023, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $48 to $43.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Moore Clint sold 4,000 shares for $31.12 per share. The transaction valued at 124,480 led to the insider holds 20,544 shares of the business.
Cassella Anthony E. Jr. sold 5,000 shares of HZO for $160,750 on Feb 15 ’24. The EVP of Finance & CAO now owns 9,421 shares after completing the transaction at $32.15 per share. On Feb 02 ’24, another insider, Cashman Charles A, who serves as the EVP & Chief Revenue Officer of the company, sold 7,500 shares for $29.76 each. As a result, the insider received 223,200 and left with 63,981 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HZO now has a Market Capitalization of 613.24M and an Enterprise Value of 1.62B. As of this moment, Marinemax,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.82, and their Forward P/E ratio for the next fiscal year is 6.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.67 whereas that against EBITDA is 7.16.
Stock Price History:
Over the past 52 weeks, HZO has reached a high of $42.88, while it has fallen to a 52-week low of $25.60. The 50-Day Moving Average of the stock is 31.06, while the 200-Day Moving Average is calculated to be 32.72.
Shares Statistics:
The stock has traded on average 317.62K shares per day over the past 3-months and 341.37k shares per day over the last 10 days, according to various share statistics. A total of 22.11M shares are outstanding, with a floating share count of 19.65M. Insiders hold about 11.86% of the company’s shares, while institutions hold 84.67% stake in the company. Shares short for HZO as of Mar 15, 2024 were 2.82M with a Short Ratio of 9.01, compared to 2.65M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.64% and a Short% of Float of 19.07%.
Earnings Estimates
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $1 and a low estimate of $0.26, while EPS last year was $1.23. The consensus estimate for the next quarter is $1.79, with high estimates of $1.95 and low estimates of $1.53.
Analysts are recommending an EPS of between $3.61 and $3 for the fiscal current year, implying an average EPS of $3.38. EPS for the following year is $4.1, with 9 analysts recommending between $4.73 and $3.65.
Revenue Estimates
A total of 9 analysts have provided revenue estimates for HZO’s current fiscal year. The highest revenue estimate was $2.53B, while the lowest revenue estimate was $2.37B, resulting in an average revenue estimate of $2.46B. In the same quarter a year ago, actual revenue was $2.39B, up 2.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.56B in the next fiscal year. The high estimate is $2.62B and the low estimate is $2.46B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
