HZO (NYSE:HZO) Target Lowered by Raymond James to $63.00

HZO stock has undergone multiple analysts rating changes in the recent past.  stock Target Lowered by Raymond James on 10/14/2021. In a note to investors, the firm issued a new target price of $63.00. The analysts previously had $67.00 target price. Raymond James’s price target would indicate a potential upside of 32.41% from the stock’s previous close.

Shares of traded on Wednesday, reaching $47.61. 82681 shares of the stock traded hands, compared to its average volume of 266815. On Wednesday, Shares of closed at $47.61. The firm’s 50 day moving average is $49.74 and its 200 day moving average is $49.55.  has a 12 month low of $26.31 and a 12 month high of $70.89. While on yearly highs and lows, today has traded high as $47.90 and has touched $46.10 on the downward trend.

Earnings and What to expect: 

MarineMax last issued its earnings results on July 22nd, 2021. The specialty retailer reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.49. The firm had revenue of $666.33 million for the quarter, compared to analysts’ expectations of $615.99 million. Its revenue for the quarter was up 33.7% on a year-over-year basis. MarineMax has generated $3.42 earnings per share over the last year ($6.45 diluted earnings per share) and currently has a price-to-earnings ratio of 7.4. Earnings for MarineMax are expected to grow by 2.91% in the coming year, from $6.54 to $6.73 per share. MarineMax has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, October 27th, 2021 based off prior year’s report dates.

Earnings for MarineMax are expected to grow by 2.91% in the coming year, from $6.54 to $6.73 per share. The P/E ratio of MarineMax is 7.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.32. The P/E ratio of MarineMax is 7.38, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.08. MarineMax has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

(NYSE:HZO) Moving Average Technical Analysis

5 day Moving Average is $$48.67 And 5 day price change is -$1.90 (-3.84%)  with average volume for 5 day average is 217,040. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $49.58 and 20 day price change is -$0.99 (-2.04%) and average 20 day moving volume is 254,915. 50 day moving average is $49.74  and 50 day price change is -$6.03 ( -11.25%)  and with average volume for 50 days is : 251,320. 200 day moving average is $49.55  and 200 day price change is $8.24 (20.95%)  and with average volume for 200 days is : 478,574.

Other owners latest trading in HZO :

  • On 10/13/2021 shares held by Crossmark Global Holdings Inc. were 20,580 which equates to market value of $0.17M and appx 0.00% owners of HZO
  • On 10/12/2021 shares held by Denali Advisors LLC were 800 which equates to market value of $39K and appx 0.00% owners of HZO
  • On 10/12/2021 shares held by Louisiana State Employees Retirement System were 10,500 which equates to market value of $0.51M and appx 0.00% owners of HZO
  • In total Institutional ownership equates to There is no enough data Institutional Ownership Percentage for HZO

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