Latest news with #MarineMax
Business Journals
2 days ago
- Business
- Business Journals
MarineMax opens South Florida marina
MarineMax more than doubled its marina footprint through the acquisition of Fort Lauderdale-based Island Global Yachting in a $480 million deal in 2022. IGY added a portfolio of 23 marinas in hot yacht destinations in the Americas, the Caribbean and Europe. The company also expanded MarineMax's yacht management platform and superyacht services capabilities.
Yahoo
6 days ago
- Automotive
- Yahoo
1 Cash-Burning Stock to Consider Right Now and 2 to Approach with Caution
Rapid spending isn't always a sign of progress. Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable. Just because a company is spending heavily doesn't mean it's on the right track, and StockStory is here to separate the winners from the losers. That said, here is one high-risk, high-reward company with the potential to scale into a market leader and two that could run into serious trouble. Trailing 12-Month Free Cash Flow Margin: -2.1% Appropriately headquartered in Clearwater, Florida, MarineMax (NYSE:HZO) sells boats, yachts, and other marine products. Why Do We Think Twice About HZO? Store closures and poor same-store sales reveal weak demand and a push toward operational efficiency Lagging same-store sales over the past two years suggest it might have to change its pricing and marketing strategy to stimulate demand Depletion of cash reserves could lead to a fundraising event that triggers shareholder dilution MarineMax is trading at $22.46 per share, or 8.6x forward P/E. Read our free research report to see why you should think twice about including HZO in your portfolio, it's free. Trailing 12-Month Free Cash Flow Margin: -11% The parent company of brands such as Zipcar and Budget Truck Rental, Avis (NASDAQ:CAR) is a provider of car rental and mobility solutions. Why Do We Avoid CAR? Number of available rental days - car rental has disappointed over the past two years, indicating weak demand for its offerings Shrinking returns on capital suggest that increasing competition is eating into the company's profitability Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders Avis Budget Group's stock price of $123.48 implies a valuation ratio of 3.8x forward EV-to-EBITDA. Dive into our free research report to see why there are better opportunities than CAR. Trailing 12-Month Free Cash Flow Margin: -27.5% Founded by an employee at a real estate rental company, SmartRent (NYSE:SMRT) provides smart home devices and software for multifamily residential properties, single-family rental homes, and student housing communities. Why Does SMRT Stand Out? ARR growth averaged 28.5% over the past two years, showing customers are willing to take multi-year bets on its offerings Earnings per share grew by 43% annually over the last two years and trumped its peers At $0.92 per share, SmartRent trades at 1.1x forward price-to-sales. Is now a good time to buy? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
3 Hyped Up Stocks Walking a Fine Line
Exciting developments are taking place for the stocks in this article. They've all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns. But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. All that said, here are three stocks that are likely overheated and some you should look into instead. One-Month Return: +36.3% Created by IAC's mergers of Angie's List and HomeAdvisor, ANGI (NASDAQ: ANGI) operates the largest online marketplace for home services in the US. Why Are We Wary of ANGI? Intense competition is diverting traffic from its platform as its service requests fell by 24.1% annually Forecasted revenue decline of 9.5% for the upcoming 12 months implies demand will fall even further Expensive marketing campaigns hurt its profitability and make us wonder what would happen if it let up on the gas Angi's stock price of $16.55 implies a valuation ratio of 5.3x forward EV/EBITDA. If you're considering ANGI for your portfolio, see our FREE research report to learn more. One-Month Return: +10.1% Appropriately headquartered in Clearwater, Florida, MarineMax (NYSE:HZO) sells boats, yachts, and other marine products. Why Does HZO Fall Short? Ongoing store closures and lackluster same-store sales indicate sluggish demand and a focus on consolidation Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Depletion of cash reserves could lead to a fundraising event that triggers shareholder dilution At $21.45 per share, MarineMax trades at 8.2x forward P/E. Check out our free in-depth research report to learn more about why HZO doesn't pass our bar. One-Month Return: +12.9% Formerly known as Wyndham Destinations, Travel + Leisure (NYSE:TNL) is a global vacation company that provides travelers with vacation ownership, exchange, and travel services. Why Do We Think Twice About TNL? Performance surrounding its tours conducted has lagged its peers Anticipated sales growth of 2.8% for the next year implies demand will be shaky High net-debt-to-EBITDA ratio of 8× could force the company to raise capital at unfavorable terms if market conditions deteriorate Travel + Leisure is trading at $48.15 per share, or 7.3x forward P/E. Dive into our free research report to see why there are better opportunities than TNL. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
Here's Why Marine Max (HZO) Reported a Strong Quarter
Ace River Capital, an investment management company, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -14.37% in the first quarter, compared to -4.3% and -9.5% returns for the S&P 500 (SPX) and the Russell 2000 (RTY), respectively. The firm's goal is to maintain a focused portfolio of small and micro-cap companies with distinct advantages and growth potential within their respective sectors. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Ace River Capital highlighted stocks such as MarineMax, Inc. (NYSE:HZO). MarineMax, Inc. (NYSE:HZO) is a recreational boat and yacht retailer and superyacht services company. The one-month return of MarineMax, Inc. (NYSE:HZO) was 7.98%, and its shares lost 21.08% of their value over the last 52 weeks. On May 7, 2025, MarineMax, Inc. (NYSE:HZO) stock closed at $20.97 per share with a market capitalization of $450.297 million. Ace River Capital stated the following regarding MarineMax, Inc. (NYSE:HZO) in its Q1 2025 investor letter: "MarineMax, Inc. (NYSE:HZO) reported a strong quarter and made substantial share repurchases recently, $12.4MM in Q2 alone. With the cyclical nature of this business, I will consider adding to this position during the trough/recession phase of the business cycle it looks like we are approaching. I expect this position not to produce much until we get to the expansion phase of the cycle." A large yacht sailing in the open sea with passengers enjoying the sunset. MarineMax, Inc. (NYSE:HZO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 21 hedge fund portfolios held MarineMax, Inc. (NYSE:HZO) at the end of the fourth quarter, compared to 23 in the third quarter. MarineMax, Inc. (NYSE:HZO) reported strong results in the second quarter of fiscal 2025 with revenue reaching $631.5 million. While we acknowledge the potential of MarineMax, Inc. (NYSE:HZO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered MarineMax, Inc. (NYSE:HZO) and shared the list of best boating stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
2 Profitable Stocks Worth Your Attention and 1 to Keep Off Your Radar
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn't mean it will thrive tomorrow. Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. Keeping that in mind, here are two profitable companies that leverage their financial strength to beat the competition and one that may face some trouble. Trailing 12-Month GAAP Operating Margin: 6.2% Appropriately headquartered in Clearwater, Florida, MarineMax (NYSE:HZO) sells boats, yachts, and other marine products. Why Does HZO Give Us Pause? Store closures and disappointing same-store sales suggest demand is sluggish and it's rightsizing its operations Disappointing same-store sales over the past two years show customers aren't responding well to its product selection and store experience Short cash runway increases the probability of a capital raise that dilutes existing shareholders MarineMax's stock price of $22.41 implies a valuation ratio of 8.7x forward price-to-earnings. Check out our free in-depth research report to learn more about why HZO doesn't pass our bar. Trailing 12-Month GAAP Operating Margin: 4.5% Starting from a single Washington, D.C. location, CAVA (NYSE:CAVA) operates a fast-casual restaurant chain offering customizable Mediterranean-inspired dishes. Why Do We Watch CAVA? Average same-store sales growth of 16% over the past two years indicates its restaurants are resonating with diners Additional sales over the last three years increased its profitability as the 69.2% annual growth in its earnings per share outpaced its revenue Free cash flow margin grew by 11.2 percentage points over the last year, giving the company more chips to play with At $93 per share, CAVA trades at 157x forward price-to-earnings. Is now the time to initiate a position? Find out in our full research report, it's free. Trailing 12-Month GAAP Operating Margin: 16.2% Founded in 1979 with a mission to advance less-invasive medicine, Boston Scientific (NYSE:BSX) develops and manufactures medical devices used in minimally invasive procedures across cardiovascular, urological, neurological, and gastrointestinal specialties. Why Is BSX on Our Radar? Core business is healthy and doesn't need acquisitions to boost sales as its organic revenue growth averaged 14.9% over the past two years Forecasted revenue growth of 14.4% for the next 12 months indicates its momentum over the last two years is sustainable Performance over the past five years shows its incremental sales were more profitable, as its annual earnings per share growth of 12.3% outpaced its revenue gains Boston Scientific is trading at $102.69 per share, or 34.7x forward price-to-earnings. Is now the right time to buy? See for yourself in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Axon (+711% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
