I’ve been keeping an eye on MarineMax Inc (NYSE:HZO) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe HZO has a lot to offer. Basically, it is a financially-healthy company with a an impressive history of performance, trading at a discount. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on MarineMax here.
Solid track record and good value
HZO delivered a bottom-line expansion of 67% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, HZO also outperformed its industry, which delivered a growth of 28%. This is an optimistic signal for the future. HZO’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that HZO manages its cash and cost levels well, which is an important determinant of the company’s health. HZO seems to have put its debt to good use, generating operating cash levels of 0.29x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
HZO is currently trading at a price-to-earnings ratio of 13.43x relative to the industry ratio of 18.43x and market ratio of 17.93x, making it a relatively cheap stock compared to its peers.
For MarineMax, I’ve compiled three essential aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for HZO’s future growth? Take a look at our free research report of analyst consensus for HZO’s outlook.
- Dividend Income vs Capital Gains: Does HZO return gains to shareholders through reinvesting in itself and growing earnings, or redistribute a decent portion of earnings as dividends? Our historical dividend yield visualization quickly tells you what your can expect from HZO as an investment.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HZO? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.