Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for MarineMax Inc (NYSE: HZO) improved during the last several trading days. HZO’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
MarineMax Inc (NYSE: HZO) stock enjoyed a very large increase of 5.9% on 10/11/24. The shares closed at $31.45. Moreover, this advance was accompanied by unusually high trading volume at 161% of normal. The stock has been strong relative to the market over the last nine months and has risen 0.5% 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). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. MarineMax has a neutral Power Rating of 58 but a good Appreciation Score of 79, triggering the Positive Value Trend Rating.
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