- MarineMax (HZO, Financial) sees robust revenue growth in Q1, surpassing expectations by over $52 million.
- The company's fiscal 2025 guidance adjusted, projecting net income per share of between $1.40 and $2.40.
- Analysts' price targets suggest potential upside of over 84% from current levels.
MarineMax Inc. (HZO), a renowned name in the marine retail industry, has recently reported an impressive first-quarter revenue of $631.5 million. This marks a significant 19.8% increase year-over-year, exceeding market expectations by a noteworthy $52.73 million. Despite this top-line success, the company's GAAP EPS came in at $0.14, narrowly missing projections by a slim margin of $0.01.
Updated Fiscal 2025 Guidance
MarineMax has revisited its projections for fiscal 2025, now forecasting net income per share to be in the range of $1.40 to $2.40. This adjustment reflects the company's strategic expectations for the coming fiscal year amidst evolving market conditions.
Wall Street Analysts Forecast
Delving into the insights of Wall Street, the one-year price targets formed by 7 analysts present an average target of $35.57 for MarineMax Inc. (HZO). This target spectrum spans a high of $43.00 and a low of $24.00, suggesting a potential upside of 84.12% from its present trading value of $19.32. For further insights into these projections, you may explore the full details on the MarineMax Inc (HZO, Financial) Forecast page.
Brokerage Firm Recommendations
MarineMax Inc. (HZO) enjoys an enviable status among 9 brokerage firms, holding an average recommendation of 1.9—an "Outperform" rating. This recommendation scale ranges from 1 being a Strong Buy to 5 indicating a Sell, showcasing substantial market confidence in the stock.
GuruFocus GF Value Estimate
According to GuruFocus assessments, the estimated GF Value for MarineMax Inc. (HZO) stands at $32.16 within the next year. This suggests an attractive upside potential of 66.46% from the current market price of $19.32. The GF Value is a proprietary calculation by GuruFocus, based on historical trading multiples, past and projected business growth. For a deeper analysis, visit the MarineMax Inc (HZO, Financial) Summary page.
