MarineMax Inc (NYSE: HZO) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.18 versus $0.69 for the same period a year ago — a decline of -74%. For the latest four quarters through September 30, E.P.S. were $1.71 compared to $5.00 a year ago — a decline of -66%.
Recent Price Action
MarineMax Inc (NYSE: HZO) stock closed at $29.13 on 10/31/24 after a decline of -3.0%. Moreover, trading volume in this decline was unusually high at 173% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MarineMax has a neutral Power Rating of 57 but a good Appreciation Score of 75, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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