In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Marinemax, Inc.’s stock clocked out at $27.18, down -2.72% from its previous closing price of $27.94. In other words, the price has decreased by -$2.72 from its previous closing price. On the day, 0.78 million shares were traded. HZO stock price reached its highest trading level at $28.15 during the session, while it also had its lowest trading level at $26.88.
Ratios:
To gain a deeper understanding of HZO’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 606103104 and an Enterprise Value of 1620770816. As of this moment, Marinemax,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.74, and their Forward P/E ratio for the next fiscal year is 6.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. 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 0.671 whereas that against EBITDA is 7.148.
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 -10.90%, while the 200-Day Moving Average is calculated to be -16.27%.
Shares Statistics:
It appears that HZO traded 332.47K shares on average per day over the past three months and 352490 shares per day over the past ten days. 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 84.69% stake in the company. Shares short for HZO as of 1711584000 were 2862063 with a Short Ratio of 8.61, compared to 1709164800 on 2758712. Therefore, it implies a Short% of Shares Outstanding of 2862063 and a Short% of Float of 19.36.
