HZO / MarineMax: Digital Improvements, Further M&A, And Undervalued

MarineMax (HZO) came out with quarterly earnings of $0.69 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.90 per more_horizontal

MarineMax has had a spree of acquisitions in the past years to strategically grow its bottom line, resulting in a significant amount of debt but promi more_horizontal

MarineMax's valuation has contracted, creating an attractive margin of safety. HZO has a proven track record of annual EPS growth exceeding 10% throug more_horizontal

Although the revenue and EPS for MarineMax (HZO) give a sense of how its business performed in the quarter ended June 2023, it might be worth consider more_horizontal

MarineMax is enjoying success across a range of marine industry activities. Boat maker Marine Products achieved record sales last quarter. more_horizontal

MarineMax has a strong M&A strategy and is expected to continue acquiring companies, which could lead to further FCF generation and net sales growth f more_horizontal

MarineMax's higher-margin segments such as marinas continue to exceed expectations. Boat sales have returned to a more seasonal cycle in the post-pand more_horizontal

MarineMax is the largest retailer of recreational boats and yachts in the world. Set on growth, the company has completed a string of recent acquisiti more_horizontal