MarineMax (HZO) Shares Plunge Amid Market Volatility

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Oct 17, 2024
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MarineMax (HZO, Financial) experienced a significant stock drop, falling by 5.02%. The current trading price is $31.05 per share with a trading volume of 64,513 shares, a turnover rate of 0.29%, and a volatility of 4.54%.

The company's recent financial report shows revenue of $758 million, a net profit of $31.55 million, earnings per share of $1.42, and a gross profit of $242 million. The price-to-earnings ratio stands at 14.59. Among 10 rating institutions, 80% recommend a buy, while 20% suggest holding, with none advising a sell.

The retail industry, where MarineMax operates, saw an overall increase of 0.24%. Within this sector, stocks such as Evgo Inc C/Wts 01/07/2026 (To Pur Com), Changan Energy, and Yoshitsu Co Ltd recorded significant gains. Active stocks included Boqii Pet, Evgo Inc., and Kohl's, with turnover rates of 22.89%, 4.40%, and 2.31% respectively. Stocks like Nuvve Holding Corp C/Wts 19/03/2026 (To Sub For Ord), Boqii Pet, and Zooz Power Ltd C/Wts 02/04/2029 (To Pur Com) showed high volatility, with fluctuations of 21.11%, 20.86%, and 20.00% respectively.

MarineMax Inc, headquartered in the U.S., sells new and used yachts along with marine products like engines and accessories. The company offers services including repairs, maintenance, storage, financing, insurance management, brokerage sales of boats and yachts, and yacht charter operations. The retail sector drives most of its revenue, primarily from new and used boat sales. MarineMax serves customers globally.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.