MarineMax (NYSE:HZO) Price Target Lowered to $45.00 at Truist Financial
, 2022-10-05 07:22:14,
MarineMax (NYSE:HZO – Get Rating) had its price objective reduced by investment analysts at Truist Financial from $50.00 to $45.00 in a report issued on Wednesday, The Fly reports. Truist Financial’s price target suggests a potential upside of 44.46% from the stock’s previous close.
A number of other equities analysts have also weighed in on the stock. B. Riley lowered shares of MarineMax from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $84.00 to $44.00 in a report on Tuesday, June 21st. TheStreet lowered MarineMax from a “b-” rating to a “c+” rating in a report on Monday, September 26th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $49.80.
MarineMax Stock Up 6.4 %
HZO stock opened at $31.15 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.78 and a debt-to-equity ratio of 0.06. The business has a 50 day moving average of $36.17 and a 200 day moving average of $38.95. MarineMax has a twelve month low of $28.86 and a twelve month high of $61.06. The firm has a market cap of $670.66 million, a PE ratio of 3.63 and a beta of 1.65.
MarineMax (NYSE:HZO – Get Rating) last issued its quarterly earnings results on Thursday, July 28th. The specialty retailer reported $3.17 earnings per share for the quarter, beating the consensus estimate…
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