B.Riley Financial Believes Marinemax (NYSE: HZO) Won’t Stop Here

B.Riley Financial analyst Eric Wold maintained a Buy rating on Marinemax (HZOResearch Report) on February 23 and set a price target of $51.00. The company’s shares closed last Thursday at $44.63, close to its 52-week high of $51.82.

According to TipRanks.com, Wold is a 5-star analyst with an average return of 22.3% and a 59.2% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Dolby Laboratories, and Cinemark Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marinemax with a $49.25 average price target.

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The company has a one-year high of $51.82 and a one-year low of $7.25. Currently, Marinemax has an average volume of 500.5K.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HZO in relation to earlier this year.

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MarineMax, Inc. engages in the provision of boating-related activities. The firm sells used and new sport boats, sport cruisers, sport yachts and fishing boats through retail stores. It also provides maintenance, repair, slip and storage services. The company was founded in January 1998 and is headquartered in Clearwater, FL.