On 6/3/24, MarineMax Inc (NYSE: HZO) stock enjoyed a major increase of 27.0%, closing at $36.17. Moreover, exceptionally high trading volume at 599% of normal accompanied the advance. The stock has risen 33.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, HZO is expected to be Value Creation neutral.
MarineMax has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. MarineMax has a good Appreciation Score of 80 but a very low Power Rating of 5, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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