MarineMax (NYSE:HZO) Announces Quarterly Earnings Results, Beats Expectations By $0.31 EPS

MarineMax (NYSE:HZO) announced its quarterly earnings results on Thursday. The specialty retailer reported $0.17 earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.31, Zacks reports. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. MarineMax updated its FY 2025 guidance to 1.800-2.800 EPS.

MarineMax Stock Performance

NYSE:HZO opened at $30.81 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.34 and a current ratio of 1.19. The stock has a market capitalization of $699.08 million, a PE ratio of 18.67 and a beta of 1.89. MarineMax has a fifty-two week low of $22.51 and a fifty-two week high of $38.20. The company has a fifty day moving average of $29.64 and a two-hundred day moving average of $31.23.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Benchmark reaffirmed a “buy” rating and set a $40.00 target price on shares of MarineMax in a report on Friday. DA Davidson dropped their price target on shares of MarineMax from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, StockNews.com upgraded shares of MarineMax from a “sell” rating to a “hold” rating in a research report on Friday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $41.50.

About MarineMax

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.