MarineMax (NYSE:HZO) Target Raised by Craig Hallum to $24.00

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MarineMax stock has undergone multiple analysts rating changes in the recent past.  MarineMax stock Target Raised by   Craig Hallum on 6/29/2020. In a note to investors, the firm issued a new target price of $24.00. The analysts previously had $16.00 target price. Craig Hallum’s price target would indicate a potential upside of 8.55% from the stock’s previous close.

Shares of MarineMax traded up $0.05 on Monday, reaching $22.16. 301533 shares of the stock traded hands, compared to its average volume of 322371. Shares of were trading at $22.16 on Monday. The firm’s 50 day moving average is $17.83 and its 200 day moving average is 16.25.MarineMax  has a 12 month low of $21.87 and a 12 month high of $23.15. While on yearly highs and lows, MarineMax today has traded high as $22.78 and has touched $21.87 on the downward trend.

MarineMax Earnings and What to expect: 

MarineMax last announced its earnings data on April 23rd, 2020. The specialty retailer reported $0.23 EPS for the quarter, beating the consensus estimate of $0.19 by $0.04. The firm had revenue of $308.48 million for the quarter, compared to analysts’ expectations of $302.96 million. Its quarterly revenue was up 1.6% compared to the same quarter last year. MarineMax has generated $1.63 earnings per share over the last year and currently has a price-to-earnings ratio of 12.5. MarineMax has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, July 23rd, 2020 based off prior year’s report dates.

Earnings for MarineMax are expected to grow by 1.97% in the coming year, from $1.52 to $1.55 per share. The P/E ratio of MarineMax is 12.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.08. The P/E ratio of MarineMax is 12.48, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 48.06. MarineMax has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 4.80%
  • On 6/5/2020 Director Charles R Oglesby Sell 10,000 at average share price of $22.50 which equates to $225,000.00 in money value.
  • On 5/28/2020 Director Hilliard M Eure Sell 2,018 at average price of  $20.09 with total value of : Not Data Available
  • On 2/5/2020 EVP Charles A Cashman Sell 2,500 at average price of  $20.32 with total value of : $50,800.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for MarineMax

  • 6/16/2020 – MarineMax had its price target raised by analysts at Raymond James from $22.00 to $23.50. They now have an “outperform” rating on the stock. ()
  • 6/15/2020 – MarineMax had its “buy” rating re-affirmed by analysts at B. Riley. They now have a $28.00 price target on the stock. ()
  • 6/8/2020 – MarineMax had its price target raised by analysts at B. Riley from $24.00 to $28.00. They now have a “buy” rating on the stock. ()
  • 6/3/2020 – MarineMax was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Craig Hallum: 

  • 6/29/2020 – Lithia Motors had its price target raised by analysts at Craig Hallum from $140.00 to $170.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Anterix had its price target raised by analysts at Craig Hallum from $80.00 to $100.00. They now have a “buy” rating on the stock. ()
  • 6/25/2020 – Joint is now covered by analysts at Craig Hallum. They set a “buy” rating and a $24.00 price target on the stock. ()
  • 6/22/2020 – PAR Technology had its price target raised by analysts at Craig Hallum from $30.00 to $40.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

MarineMax (NYSE:HZO) Moving Average Technical Analysis

5 day Moving Average is $21.72 And 5 day price change is 1.8 (0.087)  with average volume for 5 day average is 306,621. While technical analysis for average 20 days shows significant difference, 20 day moving average is  21.34 and 20 day price change is 3.3 (0.172) and average 20 day moving volume is 298,895. 50 day moving average is 17.83  and 50 day price change is 11.01 ( 0.9591)  and with average volume for 50 days is : 315,656. 200 day moving average is 16.25  and 200 day price change is 7.24 (0.4748)  and with average volume for 200 days is : 258,811.

See More Analyst Rating at: RATING