MarineMax (FL) with ticker code (HZO) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 52 and 34 with the average target price sitting at $40.88. Now with the previous closing price of $28.24 this would imply there is now a potential upside of 44.8%. The 50 day MA is $32.33 and the 200 day MA is $34.46. The total market capitalization for the company now stands at $615m. Visit the company website at: https://www.marinemax.com
The potential market cap would be $891m based on the market consensus.
MarineMax 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 accommodation services; and boat or yacht brokerage services, as well as charters yachts and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. MarineMax was incorporated in 1998 and is based in Clearwater, Florida.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 3.87, revenue per share of 108.14 and a 9.93% return on assets.
