Professional
Added to YB: 2024-10-25
Pitch date: 2024-10-23
HZO [bullish]
MarineMax, Inc.
-15.27%
current return
Author Info
Ace River Capital is a concentrated, long-term fund focused on asymmetric risk/reward opportunities. Sign up for the newsletter.
Company Info
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States.
Market Cap
$498.8M
Pitch Price
$29.02
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.55
P/E
-16.20
EV/Sales
0.69
Sector
Specialty Retail
Category
special_situation
Ace River Capital Portfolio Holding: MarineMax, Inc.
HZO: Buyout rumors earlier; good entry point. Shifting to higher-margin maintenance/storage from retail. Slow near-term but long-term strategy sound. Awaiting clear capital allocation strategy (acquisitions vs buybacks) for potential position increase. Small position until then.
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