HZO Stock Summary and Trading Ideas (Marinemax (Fl) | NYSE:HZO)

MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.

Marinemax (Fl) trades on the NYSE stock market under the symbol HZO.

As of April 24, 2024, HZO stock price declined to $27.18 with 768,988 million shares trading.

HZO has a beta of 1.75, meaning it tends to be more sensitive to market movements. HZO has a correlation of 0.20 to the broad based SPY ETF.

HZO has a market cap of $606.10 million. This is considered a Small Cap stock.

Last quarter Marinemax (Fl) reported $527 million in Revenue and $.19 earnings per share. This beat revenue expectation by $6 million and missed earnings estimates by -$.31.

In the last 3 years, HZO stock traded as high as $70.89 and as low as $25.60.

The top ETF exchange traded funds that HZO belongs to (by Net Assets): IJR, VTI, IWM, VXF, FNDA.

HZO has underperformed the market in the last year with a price return of -2.6% while the SPY ETF gained +24.2%. HZO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.2% and -7.5%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

HZO support price is $27.04 and resistance is $28.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HZO stock will trade within this expected range on the day.