FMP

FMP

MarineMax, Inc. (NYSE: HZO) Analyst Sets Price Target Amid Upcoming Financial Results

  • Analyst Brandon Rolle from D.A. Davidson sets a price target of $35 for MarineMax, Inc. (NYSE: HZO), indicating a potential upside of approximately 23.76%.
  • MarineMax's stock currently trades at $28.26, with a year's trading range between $22.51 and $38.20, showcasing volatility.
  • The company is preparing to release its first quarter fiscal 2025 financial results, which could significantly impact investor sentiment and stock performance.

MarineMax, Inc. (NYSE: HZO) is a leading company in the recreational boating industry, offering services for boats, yachts, and superyachts. As the largest in its field, MarineMax provides a wide range of services and products to boating enthusiasts. The company competes with other marine service providers, but its extensive network and comprehensive offerings set it apart.

On January 22, 2025, analyst Brandon Rolle from D.A. Davidson set a price target of $35 for MarineMax. At that time, the stock was trading at $28.28, suggesting a potential upside of approximately 23.76%. This optimistic outlook comes as MarineMax prepares to release its first quarter fiscal 2025 financial results, which could influence investor sentiment.

Currently, MarineMax's stock is priced at $28.26, reflecting a slight decrease of 1.12% with a change of $0.32. The stock has fluctuated between $27.98 and $28.81 today. Over the past year, it has seen a high of $38.20 and a low of $22.51, indicating some volatility in its trading pattern.

MarineMax has a market capitalization of approximately $641.28 million, which reflects the total market value of its outstanding shares. The trading volume stands at 97,360 shares, showing the level of investor interest and activity in the stock. As the company prepares for its financial results announcement, these figures may see changes based on market reactions.

The upcoming financial results will be announced before the New York Stock Exchange opens on January 23, 2025. A conference call will follow, hosted by CEO Brett McGill and CFO Mike McLamb. Investors can access the call via a webcast on the company's website, with a replay available shortly after, providing insights into the company's performance and future prospects.