MarineMax Inc ($HZO) Possible Buy to $25 Confident Investor Rating: Good

Company name MarineMax Inc
Stock ticker HZO
Live stock price [stckqut]HZO[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Fair
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $32.33
Target stock price (averages with growth) $35.44
Target stock price (averages with no growth) $15.74
Target stock price (manual assumptions) $31.21

The following company description is from Google Finance: http://www.google.com/finance?q=hzo

MarineMax, Inc. is a recreational boat dealer in the United States. The Company engages in the retail sale, brokerage, and service of used boats, motors, trailers, marine parts and accessories and offers slip and storage accommodations in certain locations. It offers related boat financing, insurance and extended service contracts. It also offers the charter of power and sailing yachts in the British Virgin Islands. The Company, through approximately 50 retail locations in approximately 15 states, consisting of Alabama, California, Connecticut, Florida, Georgia, Maryland, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island and Texas sells used recreational boats, including pleasure and fishing boats. It also sells related marine products, including engines, trailers, parts and accessories. Its products include Motor Yachts, Pleasure Boats, Fishing Boats, Ski Boats, and Jet Boats. It also provides repair and maintenance services.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in MarineMax Inc. I am adding this stock to my Watch List.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of MarineMax Inc calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $20.95
  • Growth: 0.2
  • Current EPS (TTM): $2.02
  • P/E: 10
  • Future EPS Calc: $5.02
  • Future Stock Price Calc: $50.26
  • Target stock price: $31.21

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I hope that this makes you a Confident Investor.

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