On Jun 27, 2018 B. Riley FBR Reiterates Stock Neutral Rating on MarineMax (NYSE:HZO) and $23.5 Target.

June 27, 2018 - By Joshua Cleveland

MarineMax, Inc. (NYSE:HZO) Corporate Logo

During Q1 2018 the big money sentiment increased to 0.88. That’s change of 0.10, from 2017Q4’s 0.78. 19 investors sold all, 40 reduced holdings as MarineMax, Inc. ratio is positive. 30 rose positions while 22 funds amassed positions. Funds hold 21.82 million shares thus 0.78% more from 2017Q4’s 21.65 million shares.

New York-based Product Limited Liability Company has invested 0.05% in MarineMax, Inc. (NYSE:HZO). Texas Permanent School Fund has invested 0% in MarineMax, Inc. (NYSE:HZO). Northern has invested 0% in MarineMax, Inc. (NYSE:HZO). Moreover, Riverhead Capital Mgmt Limited Liability Company has 0% invested in MarineMax, Inc. (NYSE:HZO). Sector Pension Investment Board reported 0% in MarineMax, Inc. (NYSE:HZO). 111,118 were reported by Schwab Charles Mngmt. Royal Commercial Bank Of Canada owns 86,925 shs or 0% of their US capital. Hsbc Holdings Public Limited Co owns 12,354 shs. Wells Fargo Com Mn has invested 0% in MarineMax, Inc. (NYSE:HZO). Gabelli Funds Limited holds 15,000 shs. Panagora Asset Management invested in 184,487 shs. Bancshares Of Montreal Can reported 0% stake. Earnest Prns Llc has invested 0% of its capital in MarineMax, Inc. (NYSE:HZO). Cortina Asset Management Lc has 341,979 shs for 0.33% of their capital. Impala Asset Management Lc holds 1.67% of its capital in MarineMax, Inc. (NYSE:HZO) for 1.93M shs.

MarineMax, Inc. registered $4.51 million net activity with 0 insider buys and 9 selling transactions since January 24, 2018. $601,685 worth of MarineMax, Inc. (NYSE:HZO) shs were sold by MCLAMB MICHAEL H. EURE HILLIARD M sold 10,000 shs worth $231,400. 5,000 shs valued at $120,800 were sold by Day Paulee C on Thursday, January 25. Cassella Anthony E. Jr. had sold 15,000 shs worth $343,250 on Thursday, May 3. On Thursday, May 3 25,000 shs were sold by Cashman Charles A, worth $573,049.

Reiterated MarineMax (NYSE:HZO) Rating.

On Tuesday morning a report was sent to investors and clients on MarineMax (NYSE:HZO) of its Neutral Rating maintained by professional analysts at B. Riley FBR. The market cap company was given $23.5 price target that gives 22.08 % upside potential from the last close price.

MarineMax, Inc. (NYSE:HZO) Ratings Coverage

In total 7 analysts cover Marinemax (NYSE:HZO). “Buy” rating has 5, “Sell” are 0, while 2 are “Hold”. 71% are bullish. 11 are the (NYSE:HZO)’s analyst reports since January 22, 2018 according to StockzIntelligence Inc. On Monday, January 22 the rating was maintained by FBR Capital with “Buy”. The stock rating was upgraded by CL King to “Buy” on Thursday, January 25. The stock rating was maintained by FBR Capital with “Neutral” on Tuesday, June 26. The stock rating was downgraded by FBR Capital to “Neutral” on Monday, June 18. On Thursday, January 25 the rating was upgraded by C.L. King to “Buy”. On Friday, April 27 the rating was maintained by B. Riley & Co with “Buy”. On Wednesday, January 24 the rating was maintained by SunTrust with “Buy”. On Monday, June 25 the stock of MarineMax, Inc. (NYSE:HZO) has “Hold” rating given by Craig Hallum. On Wednesday, January 24 the company was maintained by Northcoast. On Thursday, April 26 the firm earned “Buy” rating by Craig Hallum.

HZO is reaching $19.25 during the last trading session, after decreased 0.52%.Currently MarineMax, Inc. is uptrending after 30.08% change in last June 27, 2017. HZO has also 37,515 shares volume. The stock outperformed the S&P500 by 17.51%.

On July, 19 is awaited MarineMax, Inc. (NYSE:HZO)’s earnings report, according to Faxor. Last year’s earnings per share was $0.57, while now analysts expect change of 42.11 % up from current $0.81 earnings per share. If $0.81 is reported, HZO’s profit will hit $18.01M for 5.94 P/E. After $0.25 earnings per share was announced last quarter, analysts now see EPS growth of 224.00 % for MarineMax, Inc..

MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States.The firm is valued at $427.93 million. It sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; motor yachts; convertible yachts; pleasure boats; pontoon boats; fishing boats; ski boats; and jet boats.The P/E ratio is 15.96. The firm also offers marine parts and accessories that comprise marine electronics; dock and anchoring products consisting of boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, such as tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products; service products; accessories, including propellers and instruments; and a line of boating accessories comprising life jackets, inflatables, and water sports equipment.

More recent MarineMax, Inc. (NYSE:HZO) news were announced by Benzinga.com, Businesswire.com and Businesswire.com. The first one has “44 Biggest Movers From Yesterday” as a title and was announced on June 26, 2018. The next is “MarineMax Provides Update on Sea Ray” on June 25, 2018. And last was announced on June 06, 2018, called “MarineMax to Ring the Closing Bell at the New York Stock Exchange”.

MarineMax, Inc. (NYSE:HZO) Institutional Investors Chart

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