Marinemax Stock Today
| HZO Stock | USD 26.68 0.38 1.40% |
Performance0 of 100
| Odds Of DistressLess than 3
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MarineMax is selling at 26.68 as of the 19th of April 2024; that is -1.4 percent decrease since the beginning of the trading day. The stock's open price was 27.06. MarineMax has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MarineMax are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 2nd of June 1998 | Category Consumer Cyclical | Classification Consumer Discretionary |
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida. Marinemax operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. The company has 22.3 M outstanding shares of which 2.86 M shares are currently shorted by investors with about 11.93 days to cover. More on MarineMax
MarineMax Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MarineMax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MarineMax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | William McGill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Other Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering MarineMax report their recommendations after researching MarineMax's financial statements, talking to executives and customers, or listening in on MarineMax's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering MarineMax. The MarineMax consensus assessment is calculated by taking the average forecast from all of the analysts covering MarineMax. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from MarineMax's financial statements, MarineMax is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. Financial strength of MarineMax is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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MarineMax's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MarineMax's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MarineMax's financial leverage. It provides some insight into what part of MarineMax's total assets is financed by creditors.
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MarineMax (HZO) is traded on New York Stock Exchange in USA. It is located in 2600 McCormick Drive, Clearwater, FL, United States, 33759 and employs 3,928 people. MarineMax is listed under Other Specialty Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 594.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MarineMax's market, we take the total number of its shares issued and multiply it by MarineMax's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MarineMax runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 22.3 M outstanding shares of which 2.86 M shares are currently shorted by investors with about 11.93 days to cover.
MarineMax has about 201.46 M in cash with (222.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.51.
Check MarineMax Probability Of Bankruptcy
Ownership AllocationMarineMax maintains a total of 22.3 Million outstanding shares. The majority of MarineMax outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in MarineMax to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in MarineMax. Please pay attention to any change in the institutional holdings of MarineMax as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MarineMax Ownership Details
MarineMax Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of MarineMax jumping above the current price in 90 days from now is about 98.0%. The MarineMax probability density function shows the probability of MarineMax stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.0333. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, MarineMax will likely underperform. Additionally, marineMax has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of MarineMax to move above the current price in 90 days from now is about 98.0 (This MarineMax probability density function shows the probability of MarineMax Stock to fall within a particular range of prices over 90 days) .
MarineMax Stock Institutional Holders
Institutional Holdings refers to the ownership stake in MarineMax that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MarineMax's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MarineMax's value.| Instituion | Recorded On | Shares | |
| Private Management Group Inc | 2023-12-31 | 422.6 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 314.2 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 303.3 K | |
| Sei Investments Co | 2023-12-31 | 297 K | |
| Amvescap Plc. | 2023-12-31 | 284 K | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 251.4 K | |
| Northern Trust Corp | 2023-12-31 | 215.5 K | |
| Interval Partners, Llc | 2023-12-31 | 203.7 K | |
| Barclays Plc | 2023-12-31 | 200.9 K | |
| Blackrock Inc | 2023-12-31 | 3.4 M | |
| American Century Companies Inc | 2023-12-31 | 2.1 M |
MarineMax Historical Income Statement
MarineMax Income Statement is one of the three primary financial statements used for reporting MarineMax's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MarineMax revenue and expense. MarineMax Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, MarineMax's Operating Income is very stable compared to the past year. As of the 19th of April 2024, EBIT is likely to grow to about 242.5 M, though Total Other Income Expense Net is likely to grow to (45.6 M). View More FundamentalsMarineMax Stock Against Markets
Picking the right benchmark for MarineMax stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MarineMax stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MarineMax is critical whether you are bullish or bearish towards MarineMax at a given time. Please also check how MarineMax's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in MarineMax without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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MarineMax Corporate Directors
MarineMax corporate directors refer to members of a MarineMax board of directors. The board of directors generally takes responsibility for the MarineMax's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MarineMax's board members must vote for the resolution. The MarineMax board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dean Woodman | Director Emeritus | Profile | |
| Adam Johnson | Independent Director | Profile | |
| Evelyn Follit | Independent Director | Profile | |
| Charles Oglesby | Independent Director | Profile |
How to buy MarineMax Stock?
Before investing in MarineMax, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MarineMax. To buy MarineMax stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of MarineMax. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase MarineMax stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located MarineMax stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased MarineMax stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MarineMax, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy MarineMax Stock please use our How to Invest in MarineMax guide.
Already Invested in MarineMax?
The danger of trading MarineMax is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MarineMax is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MarineMax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MarineMax is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether MarineMax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MarineMax's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marinemax Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marinemax Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.Note that the MarineMax information on this page should be used as a complementary analysis to other MarineMax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for MarineMax Stock analysis
When running MarineMax's price analysis, check to measure MarineMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MarineMax is operating at the current time. Most of MarineMax's value examination focuses on studying past and present price action to predict the probability of MarineMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MarineMax's price. Additionally, you may evaluate how the addition of MarineMax to your portfolios can decrease your overall portfolio volatility.
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Is MarineMax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarineMax. If investors know MarineMax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarineMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Earnings Share 4.02 | Revenue Per Share 109.917 | Quarterly Revenue Growth 0.038 | Return On Assets 0.0496 |
The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarineMax's market value can be influenced by many factors that don't directly affect MarineMax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MarineMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if MarineMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.