MarineMax Inc. (NYSE:HZO) shares rose 2.7% during trading on Friday . The company traded as high as $19.58 and last traded at $19.55, with a volume of 56,879 shares changing hands. The stock had previously closed at $19.03.

HZO has been the subject of a number of recent analyst reports. Zacks Investment Research raised MarineMax from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research report on Friday, April 22nd. Forward View reiterated a “hold” rating on shares of MarineMax in a report on Saturday, May 28th. Finally, B. Riley reiterated a “buy” rating and set a $25.00 target price on shares of MarineMax in a report on Sunday, May 1st. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $24.40.

The company has a market cap of $467.59 million and a P/E ratio of 9.49. The firm has a 50 day moving average of $17.40 and a 200-day moving average of $17.45.

MarineMax (NYSE:HZO) last released its quarterly earnings results on Tuesday, April 26th. The company reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.03. During the same quarter in the prior year, the business posted $0.02 EPS. The company earned $200 million during the quarter, compared to analysts’ expectations of $192.52 million. The company’s revenue was up 16.0% on a year-over-year basis. Analysts forecast that MarineMax Inc. will post $0.79 earnings per share for the current fiscal year.

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

An institutional investor recently raised its position in MarineMax stock. Investment Management of Virginia LLC increased its stake in MarineMax Inc. (NYSE:HZO) by 18.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,847 shares of the company’s stock after buying an additional 15,357 shares during the period. Investment Management of Virginia LLC owned 0.41% of MarineMax worth $1,839,000 at the end of the most recent reporting period.

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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