MarineMax Inc (NYSE: HZO) has reported E.P.S. of $0.07 for its second fiscal quarter (ending March 31) versus $1.37 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.83 compared to $7.32 a year ago.
Recent Price Action
MarineMax Inc (NYSE: HZO) stock closed at $25.60 on 4/25/24 after a large decline of -5.8%. Moreover, this decline was accompanied by exceptionally high trading volume at 485% of normal. The stock has declined -5.4% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
HZO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
MarineMax has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. MarineMax has a very high Appreciation Score of 89 but a poor Power Rating of 25, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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