OneWater Marine (NASDAQ:ONEW) Issues FY 2025 Earnings Guidance

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

OneWater Marine (NASDAQ:ONEW - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.500-0.750 for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

OneWater Marine Price Performance

ONEW stock traded up $1.23 during trading on Thursday, reaching $15.79. 35,312 shares of the company were exchanged, compared to its average volume of 153,933. The company has a market cap of $257.45 million, a P/E ratio of -33.58 and a beta of 1.97. OneWater Marine has a 52-week low of $11.58 and a 52-week high of $26.77. The stock's 50 day moving average price is $14.48 and its 200 day moving average price is $15.41. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.33 and a current ratio of 1.20.

OneWater Marine (NASDAQ:ONEW - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $1.12 by ($0.33). OneWater Marine had a positive return on equity of 1.09% and a negative net margin of 0.39%. As a group, analysts predict that OneWater Marine will post 1.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ONEW. KeyCorp cut their price objective on shares of OneWater Marine from $22.00 to $16.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Robert W. Baird dropped their price target on shares of OneWater Marine from $18.00 to $17.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Baird R W lowered shares of OneWater Marine from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Finally, Truist Financial dropped their price target on shares of OneWater Marine from $25.00 to $16.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, OneWater Marine currently has a consensus rating of "Hold" and a consensus price target of $19.40.

Insider Buying and Selling

In related news, Director J Steven Roy acquired 5,001 shares of OneWater Marine stock in a transaction on Wednesday, May 7th. The shares were purchased at an average cost of $12.22 per share, for a total transaction of $61,112.22. Following the purchase, the director directly owned 25,761 shares of the company's stock, valued at $314,799.42. The trade was a 24.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 20.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On OneWater Marine

A hedge fund recently bought a new stake in OneWater Marine stock. AQR Capital Management LLC bought a new stake in shares of OneWater Marine Inc. (NASDAQ:ONEW - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 21,343 shares of the company's stock, valued at approximately $345,000. AQR Capital Management LLC owned 0.13% of OneWater Marine at the end of the most recent quarter. Institutional investors own 94.32% of the company's stock.

About OneWater Marine

OneWater Marine Inc operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.