MarineMax (NYSE:HZO – Get Rating) had its price target lowered by analysts at Raymond James from $40.00 to $30.00 in a report released on Friday, The Fly reports. Raymond James’ price target would suggest a potential upside of 8.70% from the company’s previous close. Other equities analysts have also issued research reports about the stock. […]
MarineMax (NYSE:HZO – Get Rating) posted its quarterly earnings data on Thursday. The specialty retailer reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.52), Briefing.com reports. MarineMax had a net margin of 7.76% and a return on equity of 25.61%. The firm had revenue of $570.34 million for […]
Revenues from strategic acquisitions partially offset a decrease in boat sales that reflect a return to seasonality amid uncertain economic environment
. | April 27, 2023
Shares of MarineMax, Inc. (HZO), a recreational boat and yacht retailer, are rising more than 7% Thursday morning despite reporting lower profit as well as revenue in the second quarter.
ARGI Investment Services LLC raised its holdings in shares of MarineMax, Inc. (NYSE:HZO – Get Rating) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,898 shares of the specialty retailer’s stock after buying an additional 10,927 shares during the […]