MarineMax (HZO) and Its Peers Head-To-Head Survey

MarineMax (NYSE:HZO) is one of 20 publicly-traded companies in the “RETAIL – MISC/DIV” industry, but how does it compare to its peers? We will compare MarineMax to related companies based on the strength of its risk, profitability, analyst recommendations, dividends, valuation, earnings and institutional ownership.

Institutional and Insider Ownership

92.9% of MarineMax shares are held by institutional investors. Comparatively, 74.9% of shares of all “RETAIL – MISC/DIV” companies are held by institutional investors. 4.0% of MarineMax shares are held by insiders. Comparatively, 6.9% of shares of all “RETAIL – MISC/DIV” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares MarineMax and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MarineMax	$2.43 billion	$38.07 million	9.99
MarineMax Competitors	$13.94 billion	$608.19 million	13.71

MarineMax’s peers have higher revenue and earnings than MarineMax. MarineMax is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of current ratings and target prices for MarineMax and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MarineMax	0	0	4	1	3.20
MarineMax Competitors	207	1722	2649	80	2.56

MarineMax currently has a consensus price target of $33.25, suggesting a potential upside of 35.86%. As a group, “RETAIL – MISC/DIV” companies have a potential downside of 0.61%. Given MarineMax’s stronger consensus rating and higher possible upside, analysts plainly believe MarineMax is more favorable than its peers.

Risk and Volatility

MarineMax has a beta of 1.6, indicating that its share price is 60% more volatile than the S&P 500. Comparatively, MarineMax’s peers have a beta of 1.26, indicating that their average share price is 26% more volatile than the S&P 500.

Profitability

This table compares MarineMax and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MarineMax	2.35%	5.01%	1.89%
MarineMax Competitors	7.48%	7.89%	13.41%

Summary

MarineMax peers beat MarineMax on 7 of the 13 factors compared.

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. It also offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment. In addition, the company provides novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage services; and boat or yacht brokerage services, as well as yacht charters and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, trailer tire and wheel protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates MarineMax vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida.