OneWater Marine (NASDAQ:ONEW - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.500-0.750 for the period, compared to the consensus EPS 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.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. Robert W. Baird reduced their price objective on OneWater Marine from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Friday, May 2nd. KeyCorp boosted their price objective on OneWater Marine from $16.00 to $17.00 and gave the stock an "overweight" rating in a research note on Friday. Finally, Truist Financial reduced their price objective on OneWater Marine from $25.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $19.60.
Get Our Latest Stock Analysis on ONEW
OneWater Marine Trading Up 0.8%
Shares of ONEW traded up $0.12 during mid-day trading on Monday, reaching $15.87. 128,119 shares of the company's stock traded hands, compared to its average volume of 145,527. The stock has a market cap of $258.84 million, a P/E ratio of -19.59 and a beta of 1.99. The stock's 50-day moving average is $14.55 and its two-hundred day moving average is $15.42. OneWater Marine has a 12 month low of $11.58 and a 12 month high of $26.77. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.20 and a quick ratio of 0.33.
OneWater Marine (NASDAQ:ONEW - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $1.12 by ($0.33). The business had revenue of $552.86 million for the quarter, compared to the consensus estimate of $532.01 million. OneWater Marine had a negative net margin of 0.61% and a positive return on equity of 0.45%. Research analysts forecast that OneWater Marine will post 1.57 earnings per share for the current fiscal year.
Insider Activity at OneWater Marine
In other news, Director J Steven Roy acquired 5,001 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were bought at an average price of $12.22 per share, with a total value of $61,112.22. Following the completion of the purchase, the director directly owned 25,761 shares in the company, valued at $314,799.42. This trade represents a 24.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 20.30% of the company's stock.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in OneWater Marine stock. Goldman Sachs Group Inc. increased its position in OneWater Marine Inc. (NASDAQ:ONEW - Free Report) by 8.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 101,291 shares of the company's stock after purchasing an additional 7,659 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.62% of OneWater Marine worth $1,639,000 as of its most recent SEC filing. Institutional investors own 94.32% of the company's stock.
About OneWater Marine
(
Get Free Report)
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.
Further Reading
Before you consider OneWater Marine, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OneWater Marine wasn't on the list.
While OneWater Marine currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access