Recreational Boat Stocks in Troubled Waters
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Created by arnabdgp
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Date updated:04-16-2007

Last Thursday, MarineMax,the largest recreational-boat dealer in the U.S. -- said it expects to earn 45 cents to 65 cents a share for the year ended Sept. 30. In January it had said it expected to earn $1.40 to $1.50 a share. The decline in the housing market appears to be taking its toll on the company, especially in Florida, where it does more than 40% of its business. "While most of our consumers still have the ability to purchase a boat, they lose their appetite to pull the trigger when uncertainty enters the equation," said MarineMax CEO Bill McGil-WSJ
This portfolio of companies operates dealerships or sells supplies to boat manufacturers.

symbol name last price % change open
  • +
  • HZO
    Marinemax Inc
  • $2.95
  • -3.91%
  • $3.01

No Analysis added

People owning HZO also tend to own: ANBEAVCAKEFRLUAGAACC

TheStreet.com Rating: D- What is this?

  • +
  • BC
    Brunswick Cp
  • $3.82
  • -11.57%
  • $4.35

The world's largest maker of recreational boats. As customers like MarineMax start cutting orders, Brunswick may not be able to reduce production in time to avoid excess inventory, notes Rochdale Securities' senior analyst Hayley Wolff

People owning BC also tend to own: CNQCVHIRLENMDCRYLSUN

TheStreet.com Rating: C- What is this?

  • +
  • WMAR
    West Marine Inc
  • $5.28
  • -1.49%
  • $5.30

No Analysis added

People owning WMAR also tend to own: BWLDAIGAZRBLSBRK-ACSCODE

TheStreet.com Rating: D What is this?

  • +
  • CRV
    Coast Distribut S
  • $2.04
  • -0.49%
  • $2.04

No Analysis added

People owning CRV also tend to own: CATGELEHMSFTNKENYXBC

TheStreet.com Rating: D+ What is this?

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