MarineMax (HZO) Expected to Announce Earnings on Thursday

by · The Markets Daily

MarineMax (NYSE:HZO – Get Free Report) is expected to be posting 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 that wish to register for the company’s earnings conference call can do so using this link.

MarineMax (NYSE:HZO – Get Free Report) last announced its earnings results on Thursday, October 31st. The specialty retailer reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $563.10 million during the quarter, compared to the consensus estimate of $576.49 million. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 earnings per share. 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 $28.37 on Wednesday. The company has a quick ratio of 0.34, a current ratio of 1.19 and a debt-to-equity ratio of 0.36. The company has a market cap of $643.62 million, a PE ratio of 17.19 and a beta of 1.89. The business has a 50 day moving average of $29.67 and a 200 day moving average of $31.26. MarineMax has a 52 week low of $22.51 and a 52 week high of $38.20.

Wall Street Analysts Forecast Growth

HZO has been the subject of a number of research reports. StockNews.com downgraded MarineMax from a “hold” rating to a “sell” rating in a report on Wednesday, January 8th. Benchmark assumed coverage on MarineMax in a report on Tuesday, October 15th. They issued a “buy” rating and a $40.00 price objective for the company. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $41.83.

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MarineMax Company Profile

(Get Free Report)

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.

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