Joseph Watters - Marinemax Independent Director

HZO
 Stock
  

USD 36.38  0.79  2.13%   

  Director
Mr. Joseph Allen Watters is Independent Director of the Company. Mr. Watters is a private investor. Mr. Watters served as the Chairman of Oceania Cruises, a cruise line, from January 2003 to December 2007. Mr. Watters served as President and Chief Operating Officer of Crystal Cruises from 1994 to 2001. While at Crystal Cruises, Mr. Watters was a member of the International Council of Cruise Lines executive committee from 1999 to 2001 and Board of Directors from 1994 to 2001. He was also a member of the Cruise Line International Associations executive committee from 1995 to 1996 and management committee from 1994 to 2001. Prior to Crystal Cruises, Mr. Watters served as President and Owner of The Watters Group, President of Royal Viking Line from 1985 to 1989, and President of Princess Cruises from 1981 to 1985. Mr. Watters began his cruise line career with Princess Cruises in 1977. We believe that Mr. Watters senior management positions with leading companies in the cruise industry, his experience as an investor, and his service as a director of multiple companies provide the requisite qualifications, skills, perspectives, and experience that make him well qualified to serve on our Board of Directors.
Age: 79  Director Since 2005      
727 531-1700  www.MarineMax.com

Joseph Watters Latest Insider Activity

Tracking and analyzing the buying and selling activities of Joseph Watters against Marinemax stock is an integral part of due diligence when investing in Marinemax. Joseph Watters insider activity provides valuable insight into whether Marinemax is net buyers or sellers over its current business cycle. Note, Marinemax insiders must abide by specific rules, including filing SEC forms every time they buy or sell Marinemax'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Marinemax Management Efficiency

Marinemax has Return on Asset of 14.39 % which means that on every $100 spent on asset, it made $14.39 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 30.38 %, implying that it generated $30.38 on every 100 dollars invested. Marinemax management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. Marinemax Return on Investment is quite stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 31.85. Return on Average Equity is expected to rise to 0.35 this year, although the value of Return on Average Assets will most likely fall to 0.18. Marinemax Assets Non Current are quite stable at the moment as compared to the past year. The company's current value of Assets Non Current is estimated at 608.36 Million. Goodwill and Intangible Assets is expected to rise to about 249.6 M this year, although the value of Total Assets will most likely fall to about 945.5 M.
The company has 211.85 M in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Marinemax has a current ratio of 1.67, which is typical for the industry and considered as normal. Debt can assist Marinemax until it has trouble settling it off, either with new capital or with free cash flow. So, Marinemax's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Marinemax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Marinemax to invest in growth at high rates of return. When we think about Marinemax's use of debt, we should always consider it together with cash and equity.

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MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida. Marinemax operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 2666 people. Marinemax (HZO) is traded on New York Stock Exchange in USA. It is located in 2600 McCormick Drive, Suite 200, Clearwater, FL 33759, United States and employs 2,666 people. Marinemax is listed under Retail category by Fama And French industry classification.

Marinemax Leadership Team

Elected by the shareholders, the Marinemax's board of directors comprises two types of representatives: Marinemax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marinemax. The board's role is to monitor Marinemax's management team and ensure that shareholders' interests are well served. Marinemax's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marinemax's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paulee Day, Executive Vice President Chief Legal Officer, Assistant Secretary
Dean Woodman, Director Emeritus
Charles Cashman, Chief Revenue Officer, Executive Vice President
Anthony Cassella, Chief Accounting Officer, Vice President
Rebecca White, Independent Director
Adam Johnson, Independent Director
Evelyn Follit, Independent Director
William McGill, President, Chief Executive Officer, Director
Charles Oglesby, Independent Director
Clint Moore, Lead Independent Director
Joseph Watters, Independent Director
George Borst, Independent Director
Hilliard Eure, Lead Independent Director
Michael McLamb, Chief Financial Officer, Executive Vice President, Secretary, Director

Marinemax Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marinemax a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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.
Quarterly Earnings Growth YOY
0.4
Market Capitalization
800.3 M
Quarterly Revenue Growth YOY
0.17
Return On Assets
0.14
Return On Equity
0.3
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.