MarineMax (NYSE:HZO) Issues FY25 Earnings Guidance

MarineMax (NYSE:HZO) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $1.80-2.80 for the period, compared to the consensus EPS estimate of $2.92. MarineMax also updated its FY 2025 guidance to 1.800-2.800 EPS.

MarineMax Stock Down 0.5 %

HZO stock opened at $28.97 on Friday. The stock’s 50 day simple moving average is $31.96 and its 200 day simple moving average is $31.09. MarineMax has a fifty-two week low of $22.51 and a fifty-two week high of $39.85. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.36 and a current ratio of 1.19. The company has a market cap of $646.61 million, a P/E ratio of 17.56 and a beta of 1.85.

MarineMax (NYSE:HZO) last posted its quarterly earnings results on Thursday, October 31st. The specialty retailer reported $0.24 earnings per share for the quarter, topping 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 the consensus estimate of $576.49 million. During the same period in the prior year, the business earned $0.69 EPS. The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. On average, research analysts expect that MarineMax will post 2.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

HZO has been the topic of a number of research reports. StockNews.com downgraded MarineMax from a “hold” rating to a “sell” rating in a research note on Tuesday, September 3rd. Benchmark assumed coverage on MarineMax in a research note on Tuesday, October 15th. They issued a “buy” rating and a $40.00 price objective for the company. B. Riley lowered their price objective on MarineMax from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Wednesday, July 10th. Stifel Nicolaus increased their price objective on MarineMax from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Finally, DA Davidson upped their target price on MarineMax from $34.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.83.

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.