MarineMax Inc. (NYSE:HZO) shares were down 2.3% on Thursday . The stock traded as low as $18.85 and last traded at $18.87, with a volume of 52,938 shares traded. The stock had previously closed at $19.31.

Several research analysts recently weighed in on HZO shares. Zacks Investment Research cut shares of MarineMax from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 6th. Forward View restated a “hold” rating on shares of MarineMax in a research report on Saturday, May 28th. Finally, B. Riley restated a “buy” rating and issued a $25.00 price objective on shares of MarineMax in a research report on Sunday, May 1st. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. MarineMax currently has a consensus rating of “Buy” and a consensus price target of $24.40.

The firm has a market capitalization of $458.91 million and a P/E ratio of 9.31. The company’s 50 day moving average is $17.25 and its 200 day moving average is $17.43.

MarineMax (NYSE:HZO) last announced its earnings results on Tuesday, April 26th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. During the same quarter in the previous year, the company earned $0.02 EPS. The business had revenue of $200 million for the quarter, compared to analyst estimates of $192.52 million. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. On average, equities analysts forecast that MarineMax Inc. will post $0.79 earnings per share for the current fiscal year.

In related news, EVP W Brett Mcgill sold 2,463 shares of the stock in a transaction that occurred on Wednesday, April 27th. The shares were sold at an average price of $20.12, for a total transaction of $49,555.56. Following the sale, the executive vice president now owns 8,540 shares in the company, valued at approximately $171,824.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William H. Mcgill, Jr. sold 12,504 shares of the stock in a transaction that occurred on Wednesday, April 27th. The stock was sold at an average price of $20.12, for a total transaction of $251,580.48. Following the sale, the chief executive officer now owns 249,190 shares in the company, valued at approximately $5,013,702.80. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in MarineMax stock. Victory Capital Management Inc. boosted its stake in MarineMax Inc. (NYSE:HZO) by 15.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,905 shares of the company’s stock after buying an additional 9,950 shares during the period. Victory Capital Management Inc. owned 0.30% of MarineMax worth $1,343,000 at the end of the most recent quarter.

MarineMax, Inc is a recreational boat dealer in the United States. The Company engages in the retail sale, brokerage, and service of used boats, motors, trailers, marine parts and accessories and offers slip and storage accommodations in certain locations. It offers related boat financing, insurance and extended service contracts.

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