OneWater Marine (ONEW) Projected to Post Earnings on Thursday

OneWater Marine (NASDAQ:ONEW - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect OneWater Marine to post earnings of $0.36 per share and revenue of $498.73 million for the quarter. OneWater Marine has set its FY 2025 guidance at 1.000-2.000 EPS.

OneWater Marine (NASDAQ:ONEW - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported ($0.54) EPS for the quarter, beating the consensus estimate of ($0.84) by $0.30. OneWater Marine had a positive return on equity of 3.09% and a negative net margin of 0.59%. On average, analysts expect OneWater Marine to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

OneWater Marine Trading Down 0.7 %

ONEW traded down $0.10 during trading hours on Tuesday, reaching $14.55. The company's stock had a trading volume of 5,208 shares, compared to its average volume of 114,121. The stock has a market cap of $237.35 million, a PE ratio of -20.21 and a beta of 2.33. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.24 and a quick ratio of 0.25. OneWater Marine has a fifty-two week low of $12.02 and a fifty-two week high of $31.36. The business's 50-day moving average is $15.61 and its 200-day moving average is $18.28.

Analysts Set New Price Targets

A number of research firms recently weighed in on ONEW. Truist Financial cut their target price on shares of OneWater Marine from $25.00 to $16.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Stifel Nicolaus dropped their price target on OneWater Marine from $31.00 to $25.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Robert W. Baird reaffirmed a "neutral" rating and issued a $18.00 target price (down previously from $25.00) on shares of OneWater Marine in a report on Friday, April 4th. KeyCorp decreased their price objective on shares of OneWater Marine from $22.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Baird R W lowered OneWater Marine from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Four equities 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, OneWater Marine currently has a consensus rating of "Hold" and a consensus target price of $19.60.

Insider Activity at OneWater Marine

In related news, CEO Philip Austin Jr. Singleton acquired 15,000 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $15.40 per share, for a total transaction of $231,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 682,368 shares in the company, valued at approximately $10,508,467.20. The trade was a 2.25 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 20.30% of the stock is currently owned by corporate insiders.

OneWater Marine Company Profile

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.