Added to YB: 2026-04-02
Pitch date: 2026-03-29
HZO [bullish]
MarineMax, Inc.
+4.79%
current return
Author Info
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Company Info
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States.
Market Cap
$569.6M
Pitch Price
$26.08
Price Target
35.00 (+29%)
Dividend
N/A
EV/EBITDA
10.77
P/E
-9.82
EV/Sales
0.70
Sector
Specialty Retail
Category
special_situation
MarineMax Stock Analysis
HZO: Boat/yacht retailer + mfg (Cruisers, Intrepid) + IGY Marinas. Down 48% 5yr, trades 0.57x book at $26. Gross margins -5% on promos, SG&A bloated post-M&A. Interest expense surged $3M→$68M TTM on floorplan financing + IGY debt. Donerail (5% owner) bid $35/share cash, mgmt slow-walking. 35%+ upside if deal closes, more if bidding war. Recovery play if rates stabilize + consumer sentiment improves.
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