MarineMax (HZO) Expected to Announce Quarterly Earnings on Thursday

MarineMax (NYSE:HZO) is anticipated to post 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.

MarineMax (NYSE:HZO) last released its quarterly earnings data on Thursday, October 31st. The specialty retailer reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.06. The firm had revenue of $563.10 million for the quarter, compared to analyst estimates of $576.49 million. MarineMax had a net margin of 1.57% and a return on equity of 5.09%. During the same quarter in the prior year, the business earned $0.69 EPS. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. On average, analysts expect MarineMax to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MarineMax Trading Up 5.0 %

MarineMax stock opened at $27.78 on Thursday. MarineMax has a 12 month low of $22.51 and a 12 month high of $38.20. 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 stock has a market cap of $630.38 million, a P/E ratio of 16.84 and a beta of 1.89. The company’s fifty day simple moving average is $29.96 and its 200-day simple moving average is $31.32.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Benchmark initiated coverage on MarineMax in a report on Tuesday, October 15th. They set a “buy” rating and a $40.00 price target for the company. StockNews.com lowered shares of MarineMax from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.