MarineMax (NYSE:HZO – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.20 to $2.30 for the period, compared to the consensus earnings per share estimate of $2.20. MarineMax also updated its FY 2024 guidance to 2.200-3.200 EPS.
MarineMax Stock Performance
Shares of HZO stock traded up $5.49 during trading hours on Thursday, hitting $37.15. The stock had a trading volume of 966,422 shares, compared to its average volume of 333,464. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.24 and a quick ratio of 0.34. The stock’s 50 day moving average is $32.12 and its 200 day moving average is $30.88. MarineMax has a twelve month low of $22.51 and a twelve month high of $42.88. The firm has a market capitalization of $828.45 million, a PE ratio of 13.46 and a beta of 1.83.
MarineMax (NYSE:HZO – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.55). The business had revenue of $582.90 million during the quarter, compared to analysts’ expectations of $590.19 million. MarineMax had a return on equity of 7.66% and a net margin of 2.56%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS. As a group, research analysts forecast that MarineMax will post 2.22 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on HZO
MarineMax Company Profile
MarineMax, Inc operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in 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, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.
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