De Lisle Partners LLP acquired a new stake in MarineMax, Inc. (NYSE:HZO – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 168,300 shares of the specialty retailer’s stock, valued at approximately $6,170,000. De Lisle Partners LLP owned 0.76% of MarineMax at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Pacer Advisors Inc. acquired a new stake in shares of MarineMax during the first quarter valued at about $4,050,000. SWS Partners acquired a new position in shares of MarineMax in the 2nd quarter worth approximately $1,097,000. DCF Advisers LLC acquired a new position in shares of MarineMax in the 2nd quarter worth approximately $2,106,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of MarineMax by 857,142.9% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 180,021 shares of the specialty retailer’s stock worth $4,871,000 after purchasing an additional 180,000 shares during the period. Finally, Simcoe Capital LLC purchased a new position in shares of MarineMax during the 4th quarter worth approximately $3,317,000. Institutional investors and hedge funds own 92.85% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Truist Financial lowered MarineMax from a “buy” rating to a “hold” rating and boosted their target price for the company from $39.00 to $53.00 in a research report on Wednesday, August 12th. Loop Capital lowered MarineMax from a “buy” rating to a “hold” rating and set a $53.00 price target for the company. in a research report on Tuesday, August 11th. Benchmark cut MarineMax from a “buy” rating to a “hold” rating in a research note on Monday, August 10th. B. Riley Financial downgraded MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price objective on the stock. in a report on Tuesday, July 21st. Finally, Weiss Ratings raised MarineMax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $43.00.
MarineMax Trading Down 0.2%
Shares of HZO stock opened at $52.17 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 1.23. The stock has a market capitalization of $1.15 billion, a P/E ratio of 372.64 and a beta of 1.58. The company has a 50 day moving average price of $38.48 and a 200 day moving average price of $32.92. MarineMax, Inc. has a fifty-two week low of $21.42 and a fifty-two week high of $52.46.
MarineMax (NYSE:HZO – Get Free Report) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). MarineMax had a return on equity of 1.51% and a net margin of 0.18%.The business had revenue of $611.26 million for the quarter, compared to analysts’ expectations of $682.29 million. During the same period in the previous year, the company earned ($2.42) earnings per share. MarineMax’s quarterly revenue was down 7.0% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. Equities research analysts predict that MarineMax, Inc. will post 0.69 EPS for the current fiscal year.
MarineMax Company Profile
MarineMax, Inc is a publicly traded company on the New York Stock Exchange under the ticker HZO and is one of the largest recreational boat and yacht retailers in the United States. The company markets new and used motor yachts, sailing yachts, sport boats and personal watercraft, acting as an authorized dealer for leading manufacturers. In addition to boat sales, MarineMax provides service and maintenance, parts and accessory sales, training and education, and marina operations.
Operating through a network of sales centers, service facilities and marinas, MarineMax serves coastal and inland markets across the continental U.S.
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