Marinemax Stock Buy Hold or Sell Recommendation

HZO -  USA Stock  

USD 40.60  0.66  1.65%

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Marinemax is 'Hold'. Macroaxis provides Marinemax buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HZO positions. The advice algorithm takes into account all of Marinemax's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Marinemax's buy-and-hold perspective. Please check Marinemax Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Marinemax and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Marinemax.

Execute Marinemax Buy or Sell Advice

The Marinemax recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Marinemax. Macroaxis does not own or have any residual interests in Marinemax or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Marinemax's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell MarinemaxBuy Marinemax
Hold

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Marinemax has a Risk Adjusted Performance of (0.030142), Jensen Alpha of (0.006366), Total Risk Alpha of 0.072 and Treynor Ratio of (0.07)
Marinemax trade recommendations module can be used to check and cross-verify current advice provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Marinemax is not overpriced, please verify all Marinemax fundamentals, including its debt to equity, and the relationship between the gross profit and price to earnings to growth . Given that Marinemax has a number of shares shorted of 3.43 M, we recommend you to check Marinemax market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Marinemax Trading Alerts and Improvement Suggestions

Marinemax generated a negative expected return over the last 90 days
Marinemax has high historical volatility and very poor performance
Marinemax has a frail financial position based on the latest SEC disclosures
Latest headline from www.defenseworld.net: MarineMax, Inc. Given Consensus Rating of Buy by Analysts - Defense World

Marinemax current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Marinemax analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Marinemax analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price58.14
Target Median Price54.00
Target High Price84.00
Recommendation Mean2.00
Number Of Analyst Opinions7
Target Low Price42.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Marinemax Returns Distribution Density

The distribution of Marinemax's historical returns is an attempt to chart the future uncertainty of Marinemax's future price movements. The chart of the probability distribution of Marinemax stock daily returns describes the distribution of returns around its average expected value. We use Marinemax price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Marinemax returns is essential to provide solid investment advice for Marinemax stock.
Mean Return-0.09Value At Risk-5.54
Potential Upside5.05Standard Deviation3.35
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Marinemax historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Marinemax Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(13.61 M)(16.08 M)(10.34 M)(25.77 M)(23.2 M)(23.81 M)
Depreciation Amortization and Accretion10.67 M11.6 M12.77 M15.61 M17.95 M14.87 M
Net Cash Flow or Change in Cash and Cash Equivalents6.87 M(10.31 M)116.98 M66.7 M76.7 M82.76 M
Net Cash Flow Business Acquisitions and Disposals(10.52 M)(40.71 M)(19.77 M)(134.21 M)(120.78 M)(123.96 M)
Issuance Purchase of Equity Shares6.99 M(25.3 M)4 M(21.14 M)(19.03 M)(19.53 M)
Issuance Repayment of Debt Securities(43.38 M)85.58 M(160.28 M)(119.77 M)(107.79 M)(110.63 M)
Net Cash Flow from Financing(40.23 M)58.63 M(158.13 M)(145.74 M)(131.17 M)(134.62 M)
Net Cash Flow from Investing(23.32 M)(56.33 M)(30.11 M)(161.13 M)(145.02 M)(148.83 M)
Net Cash Flow from Operations70.41 M(12.43 M)304.68 M373.88 M429.96 M463.91 M

Marinemax Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Marinemax or Consumer Cyclical sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Marinemax stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Marinemax stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.0064
β
Beta against DOW1.35
σ
Overall volatility
3.36
Ir
Information ratio -0.0092

Marinemax Volatility Alert

Marinemax exhibits very low volatility with skewness of 0.1 and kurtosis of 0.22. However, we advise investors to further study Marinemax technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Marinemax's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Marinemax's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Marinemax Implied Volatility

Marinemax's implied volatility exposes the market's sentiment of Marinemax stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Marinemax's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Marinemax stock will not fluctuate a lot when Marinemax's options are near their expiration.

Marinemax Fundamentals Vs Peers

Comparing Marinemax's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Marinemax's direct or indirect competition across all of the common fundamentals between Marinemax and the related equities. This way, we can detect undervalued stocks with similar characteristics as Marinemax or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Marinemax's fundamental indicators could also be used in its relative valuation, which is a method of valuing Marinemax by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Marinemax to competition
FundamentalsMarinemaxPeer Average
Return On Equity30.38 %(0.31) %
Return On Asset14.39 %(0.14) %
Profit Margin8.23 %(1.27) %
Operating Margin11.88 %(5.51) %
Current Valuation866.64 M16.62 B
Shares Outstanding21.53 M571.82 M
Shares Owned by Insiders2.47 %10.09 %
Shares Owned by Institutions106.32 %39.21 %
Number of Shares Shorted3.43 M4.71 M
Price to Earning4.88 X28.72 X
Price to Book1.25 X9.51 X
Price to Sales0.38 X11.42 X
Revenue2.21 B9.43 B
Gross Profit659.43 M27.38 B
EBITDA262.79 M3.9 B
Net Income181.89 M570.98 M
Cash and Equivalents219.4 M2.7 B
Cash per Share10.19 X5.01 X
Total Debt211.85 M5.32 B
Debt to Equity0.31 %48.70 %
Current Ratio1.70 X2.16 X
Book Value Per Share31.19 X1.93 K
Cash Flow from Operations316.34 M971.22 M
Short Ratio6.39 X4.00 X
Earnings Per Share8.01 X3.12 X
Price to Earnings To Growth0.16 X4.89 X
Number of Employees2.67 K18.84 K
Beta1.6-0.15
Market Capitalization841.67 M19.03 B
Total Asset301.15 M29.47 B
Retained Earnings251.2 M9.33 B
Working Capital55.43 M1.48 B
Current Asset186.54 M9.34 B
   Exercise or conversion by Charles Cashman of 15000 shares of Marinemax subject to Rule 16b-3 [view details]

Marinemax Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Marinemax . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power9223.4 B
Rate Of Daily Change1.02
Day Median Price40.6
Day Typical Price40.6
Price Action Indicator0.33

About Marinemax Buy or Sell Advice

When is the right time to buy or sell Marinemax? Buying financial instruments such as Marinemax Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Marinemax investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables40.2 M47.65 M42.89 M33.86 M
Inventories298 M230.98 M207.89 M231.39 M

Use Investing Ideas to Build Portfolios

In addition to having Marinemax in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Railroads Thematic Idea Now

Railroads
Railroads Theme
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 30 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Railroads Theme or any other thematic opportunities.
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Please check Marinemax Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Marinemax information on this page should be used as a complementary analysis to other Marinemax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Marinemax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marinemax. If investors know Marinemax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marinemax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Marinemax is measured differently than its book value, which is the value of Marinemax that is recorded on the company's balance sheet. Investors also form their own opinion of Marinemax's value that differs from its market value or its book value, called intrinsic value, which is Marinemax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marinemax's market value can be influenced by many factors that don't directly affect Marinemax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marinemax's value and its price as these two are different measures arrived at by different means. Investors typically determine Marinemax value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marinemax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.