Citi has reduced its price target for MarineMax (HZO, Financial) from $41 to $24, while maintaining a Buy rating on the stock. This adjustment is part of a broader reevaluation of the leisure sector in light of recent tariff announcements, which have affected stocks in the leisure industry, including cruise lines and theme parks.
The financial firm has revised its projections across the leisure sector, taking into account both anticipated direct impacts from tariffs and a general slowdown in consumer spending. According to Citi's analysis, the tariffs are expected to impact companies significantly in the second half of 2025. However, companies may be able to mitigate these effects by 50% in fiscal 2026 and by an additional 25% in fiscal 2027 through policy changes and strategic measures.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for MarineMax Inc (HZO, Financial) is $37.17 with a high estimate of $41.00 and a low estimate of $26.00. The average target implies an upside of 105.57% from the current price of $18.08. More detailed estimate data can be found on the MarineMax Inc (HZO) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, MarineMax Inc's (HZO, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MarineMax Inc (HZO, Financial) in one year is $32.48, suggesting a upside of 79.65% from the current price of $18.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MarineMax Inc (HZO) Summary page.
