Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate MarineMax Inc before investing.

In this article, we go over a few key elements for understanding MarineMax Inc’s stock price such as:

• MarineMax Inc’s current stock price and volume
• Why MarineMax Inc’s stock price changed recently
• Upgrades and downgrades for HZO from analysts
• HZO’s stock price momentum as measured by its relative strength

About MarineMax Inc (HZO)

Before we jump into MarineMax Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

MarineMax, Inc. is a recreational boat, yacht, and superyacht services company. The Company offers new and used recreational boats and related marine products, including engines, trailers, parts, and accessories. It operates through two segments: Retail Operations and Product Manufacturing. The Retail Operations segment includes the sale of new and used recreational boats, including pleasure and fishing boats, with a focus on premium brands in each segment. The Product Manufacturing segment includes the activity of Cruisers Yachts and Intrepid Powerboats. The Company also assists in arranging related boat financing, insurance, and extended service contracts; provide boat maintenance and repair services; offer slip and storage accommodations; provide boat and yacht brokerage sales; and conduct a yacht charter business. The Company operates over 130 locations worldwide, including 82 dealerships and 66 marina and storage facilities. In addition, it operates MarineMax Vacations in Tortola.

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MarineMax Inc’s Stock Price as of Market Close

As of September 09, 2024, 4:00 PM, CST, MarineMax Inc’s stock price was $30.30.

MarineMax Inc is up 4.34% from its previous closing price of $29.04.

During the last market session, MarineMax Inc’s stock traded between $28.65 and $30.57. Currently, there are 22.27 million shares of MarineMax Inc stock available for purchase.

MarineMax Inc’s price-earnings (P/E) ratio is currently at 13.5, which is low compared to the Recreational Products industry median of 18.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

MarineMax Inc Stock Price History

MarineMax Inc’s (HZO) price is currently down 4.48% so far this month.

During the month of September, MarineMax Inc’s stock price has reached a high of $32.23 and a low of $28.65.

Over the last year, MarineMax Inc has hit prices as high as $39.85 and as low as $22.51. Year to date, MarineMax Inc’s stock is down 2.95%.

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What Caused MarineMax Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 06, 2024, there were 6 analysts who downgraded MarineMax Inc’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate MarineMax Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on MarineMax Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

MarineMax Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about MarineMax Inc (HZO) by visiting AAII Stock Evaluator.

Relative Price Strength of MarineMax Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 06, 2024, MarineMax Inc has a weighted four-quarter relative price strength of -7.83%, which translates to a Momentum Score of 36 and is considered to be Weak.

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MarineMax Inc Stock Price: Bottom Line

As of September 9, 2024, MarineMax Inc’s stock price is $30.30, which is up 4.34% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like MarineMax Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.