Is MarineMax Stock a Good Investment?
MarineMax Investment Advice | HZO |
- Examine MarineMax's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research MarineMax's leadership team and their track record. Good management can help MarineMax navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Other Specialty Retail space and any emerging trends that could impact MarineMax's business and its evolving consumer preferences.
- Compare MarineMax's performance and market position to its competitors. Analyze how MarineMax is positioned in terms of product offerings, innovation, and market share.
- Check if MarineMax pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MarineMax's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in MarineMax stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MarineMax is a good investment.
Sell | Buy |
Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine MarineMax Stock
Researching MarineMax's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.75. Some equities with similar Price to Book (P/B) outperform the market in the long run. MarineMax has Price/Earnings To Growth (PEG) ratio of 0.62. The entity had not issued any dividends in recent years.
To determine if MarineMax is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MarineMax's research are outlined below:
| MarineMax had very high historical volatility over the last 90 days | |
| MarineMax is unlikely to experience financial distress in the next 2 years | |
| MarineMax has about 201.46 M in cash with (25.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.51. | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Stormy seas Boat sales impacted by back-to-back Florida hurricanes |
MarineMax Quarterly Liabilities And Stockholders Equity |
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MarineMax uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MarineMax. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MarineMax's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 24th of October 2024 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact MarineMax's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises MarineMax's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-04-26 | 2007-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
1999-01-21 | 1998-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2016-11-01 | 2016-09-30 | 0.2 | 0.18 | -0.02 | 10 | ||
2015-11-03 | 2015-09-30 | 0.2 | 0.22 | 0.02 | 10 | ||
2013-01-29 | 2012-12-31 | -0.2 | -0.18 | 0.02 | 10 | ||
2011-07-28 | 2011-06-30 | 0.17 | 0.15 | -0.02 | 11 | ||
2008-07-31 | 2008-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2008-05-01 | 2008-03-31 | -0.17 | -0.19 | -0.02 | 11 |
Know MarineMax's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MarineMax is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MarineMax backward and forwards among themselves. MarineMax's institutional investor refers to the entity that pools money to purchase MarineMax's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2024-06-30 | 402 K | Royce & Associates, Lp | 2024-09-30 | 368.8 K | Easterly Investment Partners. | 2024-09-30 | 346.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 343.8 K | Amvescap Plc. | 2024-06-30 | 311.4 K | Shellback Capital, Lp | 2024-09-30 | 295.6 K | Sei Investments Co | 2024-06-30 | 279.2 K | Northern Trust Corp | 2024-09-30 | 207.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 185.9 K | Blackrock Inc | 2024-06-30 | 3.3 M | American Century Companies Inc | 2024-09-30 | 2 M |
MarineMax's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 775.45 M.Market Cap |
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MarineMax's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.03 | |
| Return On Capital Employed | 0.08 | 0.12 | |
| Return On Assets | 0.01 | 0.03 | |
| Return On Equity | 0.04 | 0.05 |
Determining MarineMax's profitability involves analyzing its financial statements and using various financial metrics to determine if MarineMax is a good buy. For example, gross profit margin measures MarineMax's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MarineMax's profitability and make more informed investment decisions.
Evaluate MarineMax's management efficiency
MarineMax has Return on Asset of 0.0319 % which means that on every $100 spent on assets, it made $0.0319 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0407 %, implying that it generated $0.0407 on every 100 dollars invested. MarineMax's management efficiency ratios could be used to measure how well MarineMax manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.12. At this time, MarineMax's Return On Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Intangibles To Total Assets is likely to grow to 0.25, while Intangible Assets are likely to drop about 19.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 44.28 | 46.50 | |
| Tangible Book Value Per Share | 16.01 | 9.06 | |
| Enterprise Value Over EBITDA | 10.39 | 10.91 | |
| Price Book Value Ratio | 0.81 | 1.26 | |
| Enterprise Value Multiple | 10.39 | 10.91 | |
| Price Fair Value | 0.81 | 1.26 | |
| Enterprise Value | 1.8 B | 1.9 B |
Evaluating the management effectiveness of MarineMax allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The MarineMax Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.85 |
Basic technical analysis of MarineMax Stock
As of the 30th of November, MarineMax secures the Mean Deviation of 2.64, risk adjusted performance of 0.0457, and Downside Deviation of 3.03. MarineMax technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.MarineMax's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MarineMax insiders, such as employees or executives, is commonly permitted as long as it does not rely on MarineMax's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MarineMax insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
MarineMax's Outstanding Corporate Bonds
MarineMax issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MarineMax uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MarineMax bonds can be classified according to their maturity, which is the date when MarineMax has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand MarineMax's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing MarineMax's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0457 | |||
| Market Risk Adjusted Performance | 0.0633 | |||
| Mean Deviation | 2.64 | |||
| Semi Deviation | 2.87 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 2019.48 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.02 | |||
| Information Ratio | 0.0114 | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | 0.0533 | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 6.01 | |||
| Downside Variance | 9.16 | |||
| Semi Variance | 8.24 | |||
| Expected Short fall | (3.07) | |||
| Skewness | 0.7393 | |||
| Kurtosis | 1.64 |
| Risk Adjusted Performance | 0.0457 | |||
| Market Risk Adjusted Performance | 0.0633 | |||
| Mean Deviation | 2.64 | |||
| Semi Deviation | 2.87 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 2019.48 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.02 | |||
| Information Ratio | 0.0114 | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | 0.0533 | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 6.01 | |||
| Downside Variance | 9.16 | |||
| Semi Variance | 8.24 | |||
| Expected Short fall | (3.07) | |||
| Skewness | 0.7393 | |||
| Kurtosis | 1.64 |
Consider MarineMax's intraday indicators
MarineMax intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MarineMax stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MarineMax Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 14th of November 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
MarineMax Stock media impact
Far too much social signal, news, headlines, and media speculation about MarineMax that are available to investors today. That information is available publicly through MarineMax media outlets and privately through word of mouth or via MarineMax internal channels. However, regardless of the origin, that massive amount of MarineMax data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of MarineMax news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of MarineMax relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to MarineMax's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MarineMax alpha.
MarineMax Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards MarineMax can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
MarineMax Corporate Directors
| Dean Woodman | Director Emeritus | Profile | |
| Adam Johnson | Independent Director | Profile | |
| Evelyn Follit | Independent Director | Profile | |
| Charles Oglesby | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarineMax. If investors know MarineMax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarineMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share 1.65 | Revenue Per Share 109.153 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0319 |
The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarineMax's market value can be influenced by many factors that don't directly affect MarineMax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between MarineMax's value and its price, as these two are different measures arrived at by various means. Investors typically determine if MarineMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.