On 7/10/24, MarineMax Inc (NYSE: HZO) stock enjoyed a major increase of 12.8%, closing at $34.26. Moreover, this advance was accompanied by above average trading volume at 124% of normal. The stock has risen 12.1% 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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. MarineMax has a good Appreciation Score of 76 but a poor Power Rating of 17, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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