Marinemax, Inc [NYSE: HZO] price surged by 3.98 percent to reach at $0.72.
The one-year HZO stock forecast points to a potential upside of 47.15. The average equity rating for HZO stock is currently 1.44, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Marinemax, Inc [HZO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HZO shares is $35.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HZO stock is a recommendation set at 1.44. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Marinemax, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 15, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $40 to $44. The new note on the price target was released on September 09, 2024, representing the official price target for Marinemax, Inc stock. Previously, the target price had yet another raise to $43, while B. Riley Securities analysts kept a Buy rating on HZO stock. On July 28, 2023, analysts decreased their price target for HZO shares from 48 to 43.
The Average True Range (ATR) for Marinemax, Inc is set at 1.62, with the Price to Sales ratio for HZO stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 0.43, with the Price to Cash per share for the same quarter was set at 6.39.
HZO Stock Performance Analysis:
Marinemax, Inc [HZO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.19. With this latest performance, HZO shares dropped by -21.57% in over the last four-week period, additionally sinking by -43.48% over the last 6 months – not to mention a drop of -30.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HZO stock in for the last two-week period is set at 38.05, with the RSI for the last a single of trading hit 40.71, and the three-weeks RSI is set at 37.24 for Marinemax, Inc [HZO]. The present Moving Average for the last 50 days of trading for this stock 23.82, while it was recorded at 18.44 for the last single week of trading, and 29.38 for the last 200 days.
Insight into Marinemax, Inc Fundamentals:
Marinemax, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.24 and a Current Ratio set at 1.19.
HZO Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HZO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marinemax, Inc go to 24.11%.
Marinemax, Inc [HZO] Institutonal Ownership Details
There are presently around $86.60%, or 98.50%% of HZO stock, in the hands of institutional investors. The top three institutional holders of HZO stocks are: BLACKROCK INC. with ownership of 3.33 million shares, which is approximately 14.9334%. AMERICAN CENTURY COMPANIES INC, holding 1.93 million shares of the stock with an approximate value of $$62.56 million in HZO stocks shares; and AMERICAN CENTURY COMPANIES INC, currently with $$47.77 million in HZO stock with ownership which is approximately 6.6175%.
