Consumer Cyclical -
Specialty Retail - NYSE - US
$ 18.48
-2.22 %
$ 420 M
Market Cap
7.76
P/E
1. INTRINSIC VALUE
Balance Sheet
MarineMax, Inc.
| Current Assets | 1.27 B |
| Cash & Short-Term Investments | 224 M |
| Receivables | 106 M |
| Other Current Assets | 942 M |
| Non-Current Assets | 1.33 B |
| Long-Term Investments | 0 |
| PP&E | 669 M |
| Other Non-Current Assets | 662 M |
| Current Liabilities | 1.07 B |
| Accounts Payable | 54.5 M |
| Short-Term Debt | 753 M |
| Other Current Liabilities | 262 M |
| Non-Current Liabilities | 550 M |
| Long-Term Debt | 480 M |
| Other Non-Current Liabilities | 69.2 M |
EFFICIENCY
Earnings Waterfall
MarineMax, Inc.
| Revenue | 2.43 B |
| Cost Of Revenue | 1.63 B |
| Gross Profit | 801 M |
| Operating Expenses | 673 M |
| Operating Income | 128 M |
| Other Expenses | 89.5 M |
| Net Income | 38.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MarineMax, Inc.
| Net Income | 38.7 M |
| Depreciation & Amortization | 44.5 M |
| Capital Expenditures | -60.4 M |
| Stock-Based Compensation | 24 M |
| Change in Working Capital | -142 M |
| Others | 222 M |
| Free Cash Flow | -86.1 M |
Wall Street Analysts Price Targets
MarineMax, Inc.
Wall Street analysts predict an average 1-year price target for HZO of $41.1 , with forecasts ranging from
a
low of
$35 to a high of $49 .
HZO Lowest Price Target
Wall Street Target
35 USD
89.39%
HZO Average Price Target
Wall Street Target
41.1 USD
122.63%
HZO Highest Price Target
Wall Street Target
49 USD
165.15%
4. DIVIDEND
ANALYSIS
HZO does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
MarineMax, Inc.
Sold
0-3 MONTHS
250 K USD 2
3-6 MONTHS
401 K USD 1
6-9 MONTHS
755 K USD 2
9-12 MONTHS
0 USD 0
Bought
49.9 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Is MarineMax (HZO) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 3 weeks ago
Marinas Industry Report 2025: $30.4 Bn Market Opportunities and Strategies to 2033 - MarineMax Leads, Followed by Safe Harbor Marinas and MDL Marinas
Dublin, Feb. 21, 2025 (GLOBE NEWSWIRE) -- The "Marinas Market Opportunities and Strategies to 2033" report has been added to ResearchAndMarkets.com's offering. This report describes and explains the marinas market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region. The global marinas market reached a value of nearly $17.05 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.55% since 2018. The market is expected to grow from $17.05 billion in 2023 to $23.06 billion in 2028 at a rate of 6.23%. The market is then expected to grow at a CAGR of 5.68% from 2028 and reach $30.4 billion in 2033.
globenewswire.com
- 1 month ago
MarineMax Still Deserves A Bullish Outlook
MarineMax, the world's largest recreational boat and yacht retailer, has seen mixed financial performance, with revenue growth but declining profitability metrics due to economic challenges. After a 13.3% stock rise and shares being cheaper than peers, I have downgraded HZO stock from “strong buy” to 'buy' due to increased valuation. MarineMax's growth strategy includes acquisitions and margin improvements, with a focus on expanding through innovative investments and capitalizing on a fragmented boating industry.
seekingalpha.com
- 2 months ago
MarineMax to Expand Marina Portfolio with the Acquisition of Shelter Bay Marine, in the Heart of the Florida Keys
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat, yacht and superyacht services company, today announced that it has signed a definitive agreement to acquire Shelter Bay Marine (”Shelter Bay”), a full-service marina and storage facility in the heart of the Florida Keys. The acquisition is expected to close by the end of June 2025 and be accretive in the first full year of operations. The marina, located in Marathon.
businesswire.com
- 2 months ago
MarineMax Earnings Surpass Estimates in Q1, Comps Decline Y/Y
HZO's Q1 results reflect a y/y decline in comps, but its margin profile improves on acquisitions and organic growth, boosting resilience.
zacks.com
- 2 months ago
MarineMax, Inc. (HZO) Q1 2025 Earnings Call Transcript
MarineMax, Inc. (NYSE:HZO ) Q1 2025 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants Scott Solomon - Investor Relations, Sharon Merrill Advisors Mike McLamb - Chief Financial Officer Brett McGill - President and Chief Executive Officer Conference Call Participants Joe Altobello - Raymond James Drew Crum - Stifel Michael Swartz - Truist Fred Wightman - Wolfe Research John Healy - Northcoast Research Brandon Rolle - DA Davidson Michael Albanese - The Benchmark Company James Hardiman - Citi David McGregor - Longbow Research Operator Good morning, and welcome to the MarineMax Inc. Fiscal 2025 First Quarter Conference Call. Today's call is being recorded.
seekingalpha.com
- 2 months ago
MarineMax (HZO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for MarineMax (HZO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 months ago
MarineMax (HZO) Q1 Earnings Surpass Estimates
MarineMax (HZO) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of a loss of $0.26 per share. This compares to earnings of $0.19 per share a year ago.
zacks.com
- 2 months ago
MarineMax Reports Fiscal 2025 First Quarter Results
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat, yacht and superyacht services company, today announced results for its fiscal 2025 first quarter ended December 31, 2024. Fiscal 2025 First Quarter Summary December quarter revenue of $468.5 million Same-store sales decrease of 11% Gross profit margin of 36.2% Net income of $18.1 million, or diluted EPS of $0.77, reflecting, among other items, a meaningful adjustmen.
businesswire.com
- 2 months ago
What Analyst Projections for Key Metrics Reveal About MarineMax (HZO) Q1 Earnings
Get a deeper insight into the potential performance of MarineMax (HZO) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
zacks.com
- 2 months ago
Earnings Preview: MarineMax (HZO) Q1 Earnings Expected to Decline
MarineMax (HZO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 months ago
MarineMax to Report First Quarter Fiscal 2025 Financial Results on Thursday, January 23, 2025
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat, yacht, and superyacht services company, plans to release its first quarter fiscal 2025 financial results before the opening of the New York Stock Exchange on Thursday, January 23, 2025. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financial Officer and Secretary.
businesswire.com
- 3 months ago
8. Profile
Summary
MarineMax, Inc. HZO
COUNTRY
US
INDUSTRY
Specialty Retail
MARKET CAP
$ 420 M
Dividend Yield
0.00%
Description
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates through two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, pontoon boats, ski boats, jet boats, and other recreational boats. It also offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment. In addition, the company provides novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage accommodation services; and boat or yacht brokerage services, as well as charters yachts and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates vacations in Tortola, British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. The company has 79 retail locations in Alabama, California, Connecticut, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina, Texas, Washington, and Wisconsin. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida.
Contact
2600 McCormick Drive, Clearwater, FL, 33759
https://www.marinemax.com
IPO
Date
June 3, 1998
Employees
4050
Officers
Mr. Anthony E. Cassella Jr.
Executive Vice President of Finance & Chief Accounting Officer
Mr. Shawn C. Berg
Executive Vice President & Chief Digital Officer
Mr. William Brett McGill
Chief Executive Officer, President & Director
Mr. Michael H. McLamb
Executive Vice President, Chief Financial Officer, Secretary & Director
Mr. Manny A. Alvare III
General Counsel
Ms. Beth Garland
Senior Vice President of People Strategy
Mr. Kyle G. Langbehn
Executive Vice President & President of Retail Operations
Mr. Charles A. Cashman
Executive Vice President & Chief Revenue Officer