MarineMax
HZO

$37.20

0.27%

Market Cap: 830M

About: MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.

Employees: 3,928

Consumer Discretionary Auto & Home Supply Stores

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 7 analysts

0

News positive %

of 12 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 2 (+2) [Q1 2024]

3.3% more ownership

Funds ownership: 82.5% [Q4 2023] → 85.79% (+3.3%) [Q1 2024]

4% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 56

4% less funds holding

Funds holding: 167 [Q4 2023] → 160 (-7) [Q1 2024]

11% less capital invested

Capital invested by funds: $715M [Q4 2023] → $636M (-$79.1M) [Q1 2024]

25% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 28

88% less call options, than puts

Call options by funds: $3.1M | Put options by funds: $26.7M

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Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$34

9%

downside

Avg. target

$39

4%

upside

High target

$46

24%

upside

7 analyst ratings

7 positive

100%

0 neutral

0%

0 negative

0%

Truist Securities Michael Swartz	18%upside $44	Buy Maintained	26 Jul 2024
DA Davidson Brandon Rolle	1%downside $37	Buy Maintained	24 Jul 2024
Stifel Drew Crum	8%upside $40	Buy Maintained	12 Jul 2024
B. Riley Securities Eric Wold	24%upside $46	Buy Maintained	10 Jul 2024
Truist Securities Michael Swartz	6%downside $35	Buy Maintained	26 Apr 2024

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Financial journalist opinion

Based on 12 articles about HZO published over the past 30 days

MarineMax, Inc. (HZO) Q3 2024 Earnings Call Transcript

MarineMax, Inc. (NYSE:HZO ) Q3 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Scott Solomon - Investor Relations, Sharon Merrill Advisors Brett McGill - President and CEO Mike McLamb - Chief Financial Officer Conference Call Participants Michael Swartz - Truist Securities Sean Wagner - Citigroup Drew Crum - Stifel Joe Altobello - Raymond James Eric Wold - B. Riley Securities Brandon Rollé - D.A.

MarineMax, Inc. (HZO) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, MarineMax (HZO) Q3 Earnings: A Look at Key Metrics

Although the revenue and EPS for MarineMax (HZO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, MarineMax (HZO) Q3 Earnings: A Look at Key Metrics

Zacks Investment Research

MarineMax (HZO) Q3 Earnings and Revenues Top Estimates

MarineMax (HZO) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $2.07 per share a year ago.

MarineMax (HZO) Q3 Earnings and Revenues Top Estimates

MarineMax Reports Fiscal 2024 Third Quarter Results

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat, yacht and superyacht services company, today announced results for its fiscal 2024 third quarter ended June 30, 2024. Fiscal 2024 Third Quarter Summary June quarter revenue of $757.7 million Same-store sales increase of 4% Gross profit margin of 32.0% Net income of $31.6 million, or diluted EPS of $1.37; Adjusted diluted EPS1 of $1.51 Adjusted EBITDA1 of $70.4 mi.

MarineMax Reports Fiscal 2024 Third Quarter Results

Island Capital Group Questions MarineMax's Operating Strategy Amid Deteriorating Performance

NEW YORK--(BUSINESS WIRE)--Today, Island Capital Group LLC issued a third letter to the shareholders of MarineMax, Inc. (NYSE: HZO). The full text of the letter follows: July 24, 2024 Dear MarineMax Shareholders, I was gratified to read that MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”) publicly acknowledged that it had spoken with us several times. That is a correct statement. Unfortunately, however, none of our proposals, every one of which was materially accretive to shareholder.

Island Capital Group Questions MarineMax's Operating Strategy Amid Deteriorating Performance

MarineMax Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims

OKLAHOMA CITY, July 22, 2024 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach involving MarineMax, Inc. (“MarineMax”). On March 10, 2024, MarineMax detected suspicious activity on its computer network, indicating a data breach.

MarineMax Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims

Zacks Investment Research

Analysts Estimate MarineMax (HZO) to Report a Decline in Earnings: What to Look Out for

MarineMax (HZO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate MarineMax (HZO) to Report a Decline in Earnings: What to Look Out for

MarineMax to Report Third Quarter Fiscal 2024 Financial Results on Thursday, July 25, 2024

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat, yacht, and superyacht services company, plans to release its third quarter fiscal 2024 financial results before the opening of the New York Stock Exchange on Thursday, July 25, 2024. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.

MarineMax to Report Third Quarter Fiscal 2024 Financial Results on Thursday, July 25, 2024

Federman & Sherwood Investigates MarineMax, Inc. for Data Breach

OKLAHOMA CITY--(BUSINESS WIRE)---- $HZO #ClassAction--The law firm of Federman & Sherwood has initiated an investigation into MarineMax, Inc. with respect to their recent data breach. On March 10, 2024, MarineMax, Inc. notified individuals that the company experienced a data breach after an unauthorized party accessed sensitive consumer data entrusted to the company. According to MarineMax, Inc., they determined that information stored on their servers may have been subject to unauthorized access on March 10, 20.

Federman & Sherwood Investigates MarineMax, Inc. for Data Breach

MarineMax Issues Statement

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat, yacht and superyacht services company, today issued the following statement in response to recent letters issued by Island Capital Group LLC: The MarineMax Board of Directors is open-minded and regularly evaluates bone fide opportunities to enhance shareholder value. The Board is always open and responsive to input from key stakeholders and we have spoken with Island Capital on several occasio.

MarineMax Issues Statement

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