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How to buy MarineMax stock | 31.3

Own MarineMax stock in just a few minutes.

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MarineMax, Inc is a specialty retail business based in the US. MarineMax shares (HZO) are listed on the NYSE and all prices are listed in US Dollars. MarineMax employs 1,754 staff and has a trailing 12-month revenue of around USD$1.4 billion.

How to buy shares in MarineMax

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for MarineMax. Find the stock by name or ticker symbol: HZO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MarineMax reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$31.3, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of MarineMax, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of MarineMax. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted MarineMax's share price?

Since the stock market crash in March caused by coronavirus, MarineMax's share price has had significant positive movement.

Its last market close was USD$31.3, which is 33.13% up on its pre-crash value of USD$20.93 and 332.02% up on the lowest point reached during the March crash when the shares fell as low as USD$7.245.

If you had bought USD$1,000 worth of MarineMax shares at the start of February 2020, those shares would have been worth USD$392.56 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,561.24.

MarineMax share price

Use our graph to track the performance of HZO stocks over time.

MarineMax shares at a glance

Information last updated 2020-10-20.
Latest market close USD$31.3
52-week range USD$7.245 - USD$33.59
50-day moving average USD$26.5946
200-day moving average USD$22.6999
Wall St. target price USD$31.75
PE ratio 11.4488
Dividend yield N/A (0%)
Earnings per share (TTM) USD$2.536

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy MarineMax stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MarineMax price performance over time

Historical closes compared with the close of $31.3 from 2020-11-16

1 week (2020-11-18) -5.55%
1 month (2020-10-26) 15.37%
3 months (2020-08-25) 2.45%
6 months (2020-05-22) 67.65%
1 year (2019-11-25) 89.35%
2 years (2018-11-23) 48.27%
3 years (2017-11-24) 49.05%
5 years (2015-11-25) 66.40%

Is MarineMax under- or over-valued?

Valuing MarineMax stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MarineMax's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MarineMax's P/E ratio

MarineMax's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, MarineMax shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

MarineMax's PEG ratio

MarineMax's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.62. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MarineMax's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MarineMax's EBITDA

MarineMax's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$102.2 million.

The EBITDA is a measure of a MarineMax's overall financial performance and is widely used to measure a its profitability.

MarineMax financials

Revenue TTM USD$1.4 billion
Operating margin TTM 6.32%
Gross profit TTM USD$322.8 million
Return on assets TTM 7.51%
Return on equity TTM 14.03%
Profit margin 3.93%
Book value $19.74
Market capitalisation USD$635.6 million

TTM: trailing 12 months

Shorting MarineMax shares

There are currently 1.8 million MarineMax shares held short by investors – that's known as MarineMax's "short interest". This figure is 0.8% down from 1.8 million last month.

There are a few different ways that this level of interest in shorting MarineMax shares can be evaluated.

MarineMax's "short interest ratio" (SIR)

MarineMax's "short interest ratio" (SIR) is the quantity of MarineMax shares currently shorted divided by the average quantity of MarineMax shares traded daily (recently around 361492.40246407). MarineMax's SIR currently stands at 4.87. In other words for every 100,000 MarineMax shares traded daily on the market, roughly 4870 shares are currently held short.

However MarineMax's short interest can also be evaluated against the total number of MarineMax shares, or, against the total number of tradable MarineMax shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MarineMax's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 MarineMax shares in existence, roughly 80 shares are currently held short) or 0.1458% of the tradable shares (for every 100,000 tradable MarineMax shares, roughly 146 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MarineMax.

Find out more about how you can short MarineMax stock.

MarineMax share dividends

We're not expecting MarineMax to pay a dividend over the next 12 months.

MarineMax share price volatility

Over the last 12 months, MarineMax's shares have ranged in value from as little as $7.245 up to $33.59. A popular way to gauge a stock's volatility is its "beta".

HZO.US volatility(beta: 1.91)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MarineMax's is 1.9095. This would suggest that MarineMax's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MarineMax overview

MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States. The company sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; fishing boats; motor and convertible yachts; pontoon boats; fishing boats; ski boats; and jet boats. It also provides marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment. In addition, the company offers novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage accommodation services; and boat or yacht brokerage services, as well as charters power yachts. Further, it provides new or used boat finance services; and arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, and casualty insurance coverage. As of November 11, 2019, the company had 59 retail locations in Alabama, Connecticut, Florida, Georgia, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina, and Texas. Additionally, operates vacations in Tortola, British Virgin Islands. The company also markets and sells its products through offsite locations, print catalog, and Internet. MarineMax, Inc. was founded in 1998 and is headquartered in Clearwater, Florida.

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