MarineMax (NYSE:HZO – Get Rating) posted its earnings results on Thursday. The specialty retailer reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.27), Briefing.com reports. MarineMax had a net margin of 8.58% and a return on equity of 28.48%. The company had revenue of $507.90 million during the quarter, compared to the consensus estimate of $509.59 million. During the same quarter in the prior year, the business earned $1.59 EPS. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. MarineMax updated its FY23 guidance to $6.90-7.40 EPS and its FY 2023 guidance to $6.90-$7.40 EPS.

MarineMax Stock Performance

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NYSE:HZO traded down $0.28 during trading hours on Friday, reaching $30.09. The stock had a trading volume of 165,336 shares, compared to its average volume of 362,241. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.73 and a current ratio of 1.83. The stock has a 50 day simple moving average of $32.30 and a 200 day simple moving average of $34.09. MarineMax has a 12-month low of $27.40 and a 12-month high of $50.32. The stock has a market cap of $657.35 million, a P/E ratio of 3.43 and a beta of 1.58.

Analysts Set New Price Targets

HZO has been the topic of a number of recent research reports. Citigroup dropped their target price on MarineMax from $43.00 to $39.00 in a report on Friday, October 28th….