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Is MarineMax (HZO) a Great Value Stock Right Now?

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

MarineMax (HZO - Free Report) is a stock many investors are watching right now. HZO is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 6.48 right now. For comparison, its industry sports an average P/E of 12.64. Over the past year, HZO's Forward P/E has been as high as 8.86 and as low as 3.87, with a median of 6.10.

Finally, our model also underscores that HZO has a P/CF ratio of 4.50. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. HZO's P/CF compares to its industry's average P/CF of 16.76. HZO's P/CF has been as high as 5.53 and as low as 2.88, with a median of 3.69, all within the past year.

These are only a few of the key metrics included in MarineMax's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, HZO looks like an impressive value stock at the moment.

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