MarineMax (NYSE:HZO) CFO Michael Mclamb unloaded 5,000 shares of MarineMax stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $12.50, for a total value of $62,500.00. Following the completion of the transaction, the chief financial officer now directly owns 106,601 shares in the company. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
HZO has been the subject of a number of recent research reports. Analysts at TheStreet downgraded shares of MarineMax (NYSE:HZO) from a “buy” rating to a “hold” rating in a research note to investors on Thursday, September 5th. Analysts at Zacks upgraded shares of MarineMax (NYSE:HZO) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 30th. They now have a $11.60 price target on the stock.
Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $12.21.
MarineMax (NYSE:HZO) traded down 0.40% on Thursday, hitting $12.38. 55,782 shares of the company’s stock traded hands. MarineMax has a one year low of $7.17 and a one year high of $14.18. The stock’s 50-day moving average is $11.83 and its 200-day moving average is $12.23. The company has a market cap of $290.4 million and a P/E ratio of 36.24.
MarineMax (NYSE:HZO) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.31 by $0.25. The company had revenue of $175.80 million for the quarter, compared to the consensus estimate of $171.04 million. During the same quarter last year, the company posted $0.20 earnings per share. MarineMax’s revenue was up 16.1% compared to the same quarter last year. Analysts expect that MarineMax will post $0.38 EPS for the current fiscal year.
MarineMax, Inc is a recreational boat dealer in the United States. Through 54 retail locations in Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Kansas, Maryland, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, the Company sells new and used recreational boats, including pleasure and fishing boats.
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