Marinemax, Inc. (NYSE: HZO) is -18.46% lower on its value in year-to-date trading and has touched a low of $22.51 and a high of $39.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HZO stock was last observed hovering at around $31.27 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $31.72, the stock is 4.46% and -2.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing 1.44% at the moment leaves the stock 0.88% off its SMA200. HZO registered -4.08% loss for a year compared to 6-month loss of -4.49%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -3.06% gain in the last 1 month and extending the period to 3 months gives it a 11.38%, and is -1.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.83% over the week and 4.03% over the month.
Marinemax, Inc. (HZO) has around 3928 employees, a market worth around $707.99M and $2.46B in sales. Current P/E ratio is 14.79 and Fwd P/E is 9.54. Profit margin for the company is 2.00%. Distance from 52-week low is 40.91% and -20.40% from its 52-week high. The company has generated returns on investments over the last 12 months (3.38%).
The EPS is expected to shrink by -52.78% this year.
Marinemax, Inc. (HZO) Top Institutional Holders
218.0 institutions hold shares in Marinemax, Inc. (HZO), with institutional investors hold 97.42% of the company’s shares. The shares outstanding are 22.11M, and float is at 19.69M with Short Float at 10.42%. Institutions hold 85.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.33 million shares valued at $107.65 million. The investor’s holdings represent 14.9128% of the HZO Shares outstanding. As of 2024-06-30, the second largest holder is AMERICAN CENTURY COMPANIES INC with 1.93 million shares valued at $$62.56 million to account for 8.667 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.48 million shares representing 6.6175% and valued at over $47.77 million, while DIMENSIONAL FUND ADVISORS LP holds 6.4789 of the shares totaling 1.44 million with a market value of $46.77 million.
Marinemax, Inc. (HZO) Insider Activity
The most recent transaction is an insider sale by Langbehn Kyle,the company’sEVP, President of Retail. SEC filings show that Langbehn Kyle sold 10,000 shares of the company’s common stock on Aug 21 ’24 at a price of $30.78 per share for a total of $0.31 million. Following the sale, the insider now owns 17630.0 shares.
Still, SEC filings show that on Jul 29 ’24, Langbehn Kyle (EVP, President of Retail) disposed off 10,000 shares at an average price of $37.24 for $0.37 million. The insider now directly holds 27,630 shares of Marinemax, Inc. (HZO).
