MarineMax Inc. (NYSE:HZO) shares fell to a low of $44.58 before closing at $46.43. Intraday shares traded counted 0.37 million, which was 26.54% higher than its 30-day average trading volume of 497.48K. HZO’s previous close was $44.99 while the outstanding shares total 22.03M. The firm has a beta of 1.75, a 12-month trailing P/E ratio of 11.65, and a growth ratio of 0.39. The stock’s Relative Strength Index (RSI) is 60.57, with weekly volatility at 5.85% and ATR at 2.77. The HZO stock’s 52-week price range has touched low of $7.24 and a $49.67 high. The stock traded higher over the last trading session, gaining 3.20% on 02/19/21.
Investors have identified the Specialty Retail company MarineMax Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $995.92 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
MarineMax Inc. (HZO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For HZO, the company has in raw cash 120.94 million on their books with 166.1 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 558.39 million total, with 321.18 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 4.52 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HZO sounds very interesting.
Is the stock of HZO attractive?
In related news, Executive Chairman, MCGILL WILLIAM H JR sold 10,257 shares of the company’s stock in a transaction that recorded on Feb 16. The sale was performed at an average price of 45.18, for a total value of 463,411. As the sale deal closes, the Executive Chairman, MCGILL WILLIAM H JR now sold 1,000 shares of the company’s stock, valued at 45,050. Also, Director, Borst George E sold 11,645 shares of the company’s stock in a deal that was recorded on Feb 10. The shares were price at an average price of 44.31 per share, with a total market value of 515,990. Following this completion of acquisition, the Executive Chairman, MCGILL WILLIAM H JR now holds 4,200 shares of the company’s stock, valued at 190,008. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.00%.
4 out of 8 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on MarineMax Inc.. 0 analysts has assigned a Sell rating on the HZO stock. The 12-month mean consensus price target for the company’s shares has been set at $48.67.