Media coverage about MarineMax (NYSE:HZO) has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MarineMax earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 47.6755659189456 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
MarineMax (NYSE:HZO) remained flat at $$21.40 during midday trading on Monday. The stock had a trading volume of 259,875 shares, compared to its average volume of 306,206. The stock has a market capitalization of $507.94, a PE ratio of 21.19, a PEG ratio of 0.61 and a beta of 1.04. MarineMax has a 1 year low of $13.80 and a 1 year high of $23.65.
MarineMax (NYSE:HZO) last posted its quarterly earnings results on Tuesday, October 31st. The specialty retailer reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.11. MarineMax had a net margin of 2.24% and a return on equity of 7.82%. The firm had revenue of $250.62 million during the quarter, compared to analysts’ expectations of $231.96 million. During the same period in the prior year, the company posted $0.18 earnings per share. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. equities research analysts predict that MarineMax will post 1.16 earnings per share for the current fiscal year.
HZO has been the topic of a number of recent research reports. Citigroup upped their price objective on MarineMax from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, October 2nd. CL King began coverage on MarineMax in a research report on Monday, November 13th. They set a “neutral” rating on the stock. B. Riley reiterated a “buy” rating and set a $19.75 target price on shares of MarineMax in a research note on Thursday, October 26th. Craig Hallum set a $21.00 target price on shares of MarineMax and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, Forward View downgraded shares of MarineMax from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $21.67.
In other news, Chairman William H. Mcgill, Jr. sold 35,000 shares of the firm’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $21.03, for a total value of $736,050.00. Following the transaction, the chairman now owns 281,640 shares of the company’s stock, valued at approximately $5,922,889.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William H. Mcgill, Jr. sold 5,400 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $22.00, for a total transaction of $118,800.00. Following the completion of the transaction, the chief executive officer now directly owns 262,142 shares in the company, valued at approximately $5,767,124. The disclosure for this sale can be found here. Over the last three months, insiders have sold 101,900 shares of company stock valued at $2,165,940. Corporate insiders own 5.00% of the company’s stock.
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MarineMax Company Profile
MarineMax, Inc is a recreational boat and yacht dealer in the United States. Through 56 retail locations in Alabama, California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, and Texas, the Company sold new and used recreational boats, including pleasure and fishing boats, as of September 30, 2016.
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