MarineMax stock was upgraded by TheStreet Ratings from sell to hold.
“The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and compelling growth in net income,” according to the report. “However, as a counter to these strengths we also find weaknesses, including weak operating cash flow, generally poor debt management and poor profit margins.”
MarineMax stock closed Tuesday at $9.00 a share. Its 52-week high and low are $10.63 and $6.17.