(HZO) MarineMax - Ratings and Ratios

MarineMax Inc (NYSE:HZO) is a leading recreational boat and yacht retailer in the United States, operating through two primary segments: Retail Operations and Product Manufacturing. The company offers a diverse range of new and used boats, including mega-yachts, yachts, and other recreational vessels, as well as a comprehensive portfolio of marine parts and accessories. Its product lineup encompasses marine electronics, dock and anchoring products, boat covers, trailer parts, and water sport accessories, among others. Additionally, MarineMax provides maintenance, repair, and slip and storage services, boat or yacht brokerage services, and yacht charters. The company also offers financing services for new or used boats and arranges insurance coverage for its customers. With its headquarters in Oldsmar, Florida, MarineMax has established a significant presence in the US recreational boating industry.

From a business perspective, MarineMax has diversified its revenue streams across various product categories and services, reducing its dependence on a single segment. The companys ability to manufacture and sell sport yachts and yachts through its Product Manufacturing segment provides a competitive edge. Furthermore, its MarineMax vacations offering in Tortola and British Virgin Islands expands its customer reach and provides an opportunity for growth in the luxury yacht charter market.

Analyzing the , we observe that the stocks Last Price is $25.60, with a 20-day Simple Moving Average (SMA20) of $23.90, indicating a positive trend. The Average True Range (ATR) is $0.99, representing a 3.86% daily price volatility. Considering the , MarineMax has a Market Capitalization of $542.20M USD and a Price-to-Earnings (P/E) ratio of 10.31, suggesting a relatively undervalued stock. The Forward P/E ratio is 8.42, indicating expected earnings growth.

Based on the and , our forecast suggests that MarineMax Inc (HZO) is poised for potential growth. With the stock price above its SMA20 and SMA50, the trend is bullish. However, the SMA200 at $27.17 indicates resistance at this level. Considering the P/E ratio and Forward P/E ratio, we expect earnings growth to drive the stock price upwards. Our analysis predicts a potential price target of $30.00 in the short term, driven by the companys diversified revenue streams, competitive positioning, and expected earnings growth. Nevertheless, the high volatility indicated by the ATR suggests that investors should be cautious and prepared for potential price fluctuations.