Alert: Major Price Advance (11/6/24)-MarineMax Inc (NYSE: HZO).

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MarineMax Inc (NYSE: HZO) stock closed at $32.75 on 11/6/24 after a major increase of 11.9%. Moreover, trading volume in this advance was unusually high at 151% of normal. The stock has risen 6.3% during the last week and has performed in line with the market over the last nine months.

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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 58 but a good Appreciation Score of 74, leading to the Positive Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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