West Marine, Inc. is a waterlife outfitter for cruisers, sailors, anglers and paddlesports enthusiasts. The Company offers a selection of core boating and water recreation products, primarily serving the needs of boat owners and professionals providing services to them. It services its customers through physical stores and two e-commerce Websites. It is a specialty retailer of boating supplies, gear, apparel, footwear and other waterlife-related products. It operates approximately 260 stores located in approximately 40 states, Puerto Rico and Canada. Its products include boating products and merchandise expansion products. Its boating products include maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, boats/outboards, ventilation, navigation, trailering, seating/boat covers and barbecues/appliances. Its merchandise expansion products include clothing accessories, fishing, watersports, paddlesports, coolers and waterlife lifestyle accessories.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Other Specialty Retailers
- Sub-Industry: Specialty Stores
- Symbol: NASDAQ:WMAR
- CUSIP: 95423510
- Web: www.westmarine.com
Capitalization:- Market Cap: $327.74 million
- Outstanding Shares: 25,279,000
Average Prices:- 50 Day Moving Avg: $12.93
- 200 Day Moving Avg: $10.98
- 52 Week Range: $7.77 - $13.01
P/E:- Trailing P/E Ratio: 41.028
- Foreward P/E Ratio: 28.18
- P/E Growth: 0.000
Sales & Book Value:- Annual Revenue: $697.67 million
- Price / Sales: 0.47
- Book Value: $12.81 per share
- Price / Book: 1.01
Profitability:- EBIDTA: $39.13 million
- Net Margins: 1.15%
- Return on Equity: 2.56%
- Return on Assets: 1.83%
Debt:- Current Ratio: 2.99%
- Quick Ratio: 1.12%
Misc:- Average Volume: 249,253 shs.
- Beta: 1.31
- Short Ratio: 0.44
Frequently Asked Questions for West Marine (NASDAQ:WMAR)
What is West Marine's stock symbol?
West Marine trades on the NASDAQ under the ticker symbol "WMAR."
How often does West Marine pay dividends? What is the dividend yield for West Marine?
West Marine announced a special dividend on Monday, March 27th. Shareholders of record on Thursday, May 11th will be given a dividend of $0.05 per share on Thursday, May 25th. The ex-dividend date of this dividend is Tuesday, May 9th. View West Marine's Dividend History.
How were West Marine's earnings last quarter?
West Marine, Inc. (NASDAQ:WMAR) released its earnings results on Tuesday, October, 25th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.02. The business had revenue of $191.90 million for the quarter, compared to analysts' expectations of $191.18 million. West Marine had a return on equity of 2.56% and a net margin of 1.15%. The firm's quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the business earned $0.20 earnings per share. View West Marine's Earnings History.
Where is West Marine's stock going? Where will West Marine's stock price be in 2017?
2 equities research analysts have issued twelve-month price objectives for West Marine's shares. Their forecasts range from $8.00 to $12.97. On average, they anticipate West Marine's share price to reach $10.49 in the next twelve months. View Analyst Ratings for West Marine.
Who are some of West Marine's key competitors?
Some companies that are related to West Marine include Crocs (CROX), Johnson Outdoors (JOUT), Eros International PLC (EROS), Monarch Casino & Resort (MCRI), Central European Media Enterprises (CETV), Malibu Boats (MBUU), Duluth Holdings (DLTH), Hemisphere Media Group (HMTV), NACCO Industries (NC), Marine Products Corporation (MPX), Golden Entertainment (GDEN), Entravision Communications Corporation (EVC), Hooker Furniture Corporation (HOFT), Glu Mobile (GLUU), Lindblad Expeditions Holdings (LIND), GP Strategies Corporation (GPX), Essendant (ESND) and 500.com Limited (WBAI).
Who are West Marine's key executives?
West Marine's management team includes the folowing people:
- Barbara L. Rambo, Chairman of the Board
- Matthew L. Hyde, President, Chief Executive Officer, Director
- Jeffrey J. Lasher, Chief Financial Officer, Executive Vice President - Finance, Assistant Secretary
- Barry Kelley, Executive Vice President - Stores and Port Supply
- Paul Rutenis, Executive Vice President – Merchandising, Replenishment & Logistics
- Randolph K. Repass, Director
- Dennis F. Madsen, Independent Director
- James F. Nordstrom Jr., Independent Director
- Robert D. Olsen, Independent Director
- Alice M. Richter, Independent Director
Who owns West Marine stock?
West Marine's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.34%), Franklin Resources Inc. (7.72%), Royce & Associates LP (3.53%), Vanguard Group Inc. (2.49%), Numeric Investors LLC (1.92%) and Walthausen & Co. LLC (1.47%). View Institutional Ownership Trends for West Marine.
Who sold West Marine stock? Who is selling West Marine stock?
West Marine's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Punch & Associates Investment Management Inc., Numeric Investors LLC, First Quadrant L P CA, Goldman Sachs Group Inc., Citigroup Inc., California State Teachers Retirement System and Signia Capital Management LLC. View Insider Buying and Selling for West Marine.
Who bought West Marine stock? Who is buying West Marine stock?
West Marine's stock was purchased by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc., Kassirer Asset Management Corp, Dupont Capital Management Corp, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, S. Muoio & CO. LLC, potrero capital research llc, Acadian Asset Management LLC and Brighton Jones LLC. View Insider Buying and Selling for West Marine.
How do I buy West Marine stock?
Shares of West Marine can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is West Marine's stock price today?
One share of West Marine stock can currently be purchased for approximately $12.97.
MarketBeat Community Rating for West Marine (NASDAQ WMAR)MarketBeat's community ratings are surveys of what our community members think about West Marine and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for West Marine (NASDAQ:WMAR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $10.49 (19.13% downside) |
Analysts' Ratings History for West Marine (NASDAQ:WMAR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/16/2017 | B. Riley | Downgrade | Neutral | $12.97 | Low |  |
| 6/30/2017 | Forward View | Upgrade | Sell -> Hold | | Low | |
| 9/8/2016 | Sidoti | Downgrade | Buy -> Neutral | $9.30 -> $9.00 | N/A | |
(Data available from 9/19/2015 forward)
Earnings History for West Marine (NASDAQ:WMAR)Earnings History by Quarter for West Marine (NASDAQ WMAR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/26/2017 | Q1 2017 | ($0.36) | ($0.29) | $130.88 million | $129.10 million | View | N/A | |
| 2/23/2017 | Q416 | ($0.45) | ($0.39) | $128.17 million | $129.50 million | View | Listen | |
| 10/25/2016 | Q316 | $0.17 | $0.15 | $191.18 million | $191.90 million | View | Listen | |
| 7/28/2016 | Q216 | $0.92 | $0.86 | $254.39 million | $251.60 million | View | Listen | |
| 4/28/2016 | Q116 | ($0.45) | ($0.37) | $124.39 million | $130.40 million | View | Listen | |
| 2/25/2016 | Q415 | ($0.47) | ($0.45) | $122.24 million | $130.20 million | View | Listen | |
| 10/29/2015 | Q315 | $0.18 | $0.20 | $186.92 million | $196.50 million | View | Listen | |
| 7/30/2015 | Q215 | $0.94 | $0.85 | $255.90 million | $253.20 million | View | Listen | |
| 4/30/2015 | Q115 | ($0.42) | ($0.42) | $118.64 million | $127.10 million | View | Listen | |
| 2/26/2015 | Q414 | ($0.48) | ($0.42) | $129.71 million | $129.40 million | View | Listen | |
| 10/23/2014 | Q314 | $0.33 | $0.23 | $196.37 million | $196.50 million | View | Listen | |
| 7/24/2014 | Q214 | $0.93 | $0.75 | $249.26 million | $236.50 million | View | Listen | |
| 4/24/2014 | Q114 | ($0.40) | ($0.46) | $120.56 million | $113.30 million | View | Listen | |
| 2/27/2014 | Q4 | ($0.49) | ($0.46) | $114.62 million | $118.80 million | View | Listen | |
| 10/24/2013 | Q313 | $0.35 | $0.32 | | $193.40 million | View | Listen | |
| 7/25/2013 | Q2 2013 | $1.05 | $0.95 | $243.60 million | $236.80 million | View | Listen | |
| 2/21/2013 | Q4 2012 | | ($0.47) | $113.40 million | $118.30 million | View | Listen | |
| 2/23/2012 | | ($0.83) | ($0.61) | | | View | N/A | |
| 10/27/2011 | | $0.50 | $0.48 | | | View | N/A | |
| 7/28/2011 | | $1.71 | $1.71 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for West Marine (NASDAQ:WMAR)2017 EPS Consensus Estimate: $0.28
2018 EPS Consensus Estimate: $0.41
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.37) | ($0.35) | ($0.36) |
| Q2 2017 | 2 | $0.86 | $0.92 | $0.89 |
| Q3 2017 | 2 | $0.15 | $0.18 | $0.17 |
| Q4 2017 | 2 | ($0.43) | ($0.41) | ($0.42) |
| Q1 2018 | 2 | ($0.37) | ($0.30) | ($0.34) |
| Q2 2018 | 2 | $0.93 | $1.00 | $0.97 |
| Q3 2018 | 2 | $0.18 | $0.20 | $0.19 |
| Q4 2018 | 2 | ($0.42) | ($0.41) | ($0.42) |
(Data provided by Zacks Investment Research)
Current Dividend Information for West Marine (NASDAQ:WMAR)| Most Recent Dividend: | 5/25/2017 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 1.54% |
| Payout Ratio: | 64.52% (Trailing 12 Months of Earnings)
50.00% (Based on This Year's Estimates)
43.48% (Based on Next Year's Estimates)
|
Dividend History by Quarter for West Marine (NASDAQ WMAR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/27/2017 | special | $0.05 | | 5/9/2017 | 5/11/2017 | 5/25/2017 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for West Marine (NASDAQ:WMAR)Insider Ownership Percentage: 27.50%
Institutional Ownership Percentage: 57.93%
Insider Trades by Quarter for West Marine (NASDAQ:WMAR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/18/2016 | Matthew L Hyde | CEO | Buy | 1,100 | $9.11 | $10,021.00 | |
| 11/4/2013 | Randolph K Repass | Director | Sell | 3,000 | $12.08 | $36,240.00 | |
| 11/4/2013 | Ronald S Japinga | EVP | Sell | 33,000 | $12.13 | $400,290.00 | |
| 11/1/2013 | Randolph K Repass | Director | Sell | 8,000 | $12.32 | $98,560.00 | |
| 10/30/2013 | Randolph K Repass | Director | Sell | 9,000 | $12.45 | $112,050.00 | |
| 7/29/2013 | Bruce Edwards | EVP | Sell | 4,200 | $11.16 | $46,872.00 | |
| 5/15/2013 | Barbara L Rambo | Director | Sell | 3,470 | $12.30 | $42,681.00 | |
| 5/8/2013 | Bruce Edwards | VP | Sell | 4,137 | $12.15 | $50,264.55 | |
| 2/26/2013 | Bruce Edwards | VP | Sell | 19,399 | $12.01 | $232,981.99 | |
(Data available from 1/1/2013 forward)
Headline Trends for West Marine (NASDAQ:WMAR)
Latest Headlines for West Marine (NASDAQ:WMAR)
| Source: |
|
| Date | Headline |
|---|
 | West Marine (WMAR) & Staples (SPLS) Financial Review
www.americanbankingnews.com - September 18 at 8:54 PM |
| West Marine (WMAR) & The Competition Financial Comparison
www.americanbankingnews.com - September 17 at 8:30 PM |
| Contrasting West Marine (WMAR) and The Competition
www.americanbankingnews.com - September 17 at 4:46 PM |
 | West Marine, Inc. (WMAR) Stockholders Approve Acquisition by Monomoy Capital Partners
www.streetinsider.com - September 13 at 4:15 PM |
 | West Marine Stockholders Approve Acquisition by Monomoy Capital Partners
feeds.benzinga.com - September 12 at 6:13 PM |
| West Marine (WMAR) vs. Barnes & Noble Education (BNED) Head-To-Head Review
www.americanbankingnews.com - September 10 at 2:24 AM |
| West Marine, Inc. (WMAR) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 24 at 2:32 AM |
| West Marine, Inc. (WMAR) Cut to Sell at BidaskClub
www.americanbankingnews.com - August 20 at 9:56 AM |
 | SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of West Marine, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 17, 2017
finance.yahoo.com - August 18 at 3:42 PM |
| Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against West Marine, Inc.
finance.yahoo.com - August 17 at 9:18 AM |
| West Marine, Inc. (WMAR) Expected to Post Quarterly Sales of $194.69 Million
www.americanbankingnews.com - August 16 at 4:50 AM |
| Zacks: Brokerages Expect West Marine, Inc. (NASDAQ:WMAR) Will Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - August 14 at 2:36 PM |
| West Marine Reports Second Quarter 2017 Results
finance.yahoo.com - August 8 at 8:16 AM |
 | West Marine misses by $0.04, beats on revenue
seekingalpha.com - August 7 at 4:43 PM |
| West Marine, Inc. (NASDAQ:WMAR) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 30 at 7:31 AM |
| Reviewing West Marine (NASDAQ:WMAR) & The Michaels Companies (MIK)
www.americanbankingnews.com - July 29 at 7:51 AM |
| Analysts Anticipate West Marine, Inc. (WMAR) Will Announce Quarterly Sales of $254.89 Million
www.americanbankingnews.com - July 29 at 7:45 AM |
| West Marine, Inc. (NASDAQ:WMAR) Expected to Post Earnings of $0.89 Per Share
www.americanbankingnews.com - July 27 at 10:35 AM |
| Rowley Law PLLC is Investigating West Marine, Inc. and its Board of Directors for Potential Breaches of Fiduciary Duty
finance.yahoo.com - July 19 at 9:33 PM |
| SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of West Marine, Inc. - WMAR
finance.yahoo.com - July 19 at 4:32 PM |
| SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of West Marine, Inc. to Monomoy Capital Partners is Fair to Shareholders
finance.yahoo.com - July 19 at 4:32 PM |
| West Marine, Inc. (WMAR) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM |
| B. Riley Downgrades West Marine, Inc. (NASDAQ:WMAR) to Neutral
www.americanbankingnews.com - July 16 at 1:34 PM |
| WEISSLAW LLP: West Marine, Inc. Acquisition May Not Be in the Best Interests of WMAR Shareholders
finance.yahoo.com - July 8 at 8:25 AM |
| SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of West Marine, Inc. - WMAR
finance.yahoo.com - July 8 at 8:25 AM |
| West Marine, Inc. (NASDAQ:WMAR) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 5 at 4:27 PM |
| West Marine, Inc. (WMAR) Raised to Hold at BidaskClub
www.americanbankingnews.com - July 5 at 3:18 PM |
| Zacks: Brokerages Expect West Marine, Inc. (WMAR) Will Post Quarterly Sales of $254.89 Million
www.americanbankingnews.com - July 5 at 11:46 AM |
| West Marine, Inc. – Value Analysis (NASDAQ:WMAR) : July 4, 2017
finance.yahoo.com - July 5 at 11:40 AM |
| West Marine, Inc. breached its 50 day moving average in a Bullish Manner : WMAR-US : July 3, 2017
finance.yahoo.com - July 4 at 8:52 AM |
| ETFs with exposure to West Marine, Inc. : July 3, 2017
finance.yahoo.com - July 4 at 8:52 AM |
| Analysts Expect West Marine, Inc. (NASDAQ:WMAR) to Post $0.89 EPS
www.americanbankingnews.com - July 3 at 11:13 AM |
| $0.89 EPS Expected for West Marine, Inc. (NASDAQ:WMAR) This Quarter
www.americanbankingnews.com - July 3 at 8:34 AM |
 | West Marine Inc. (WMAR) Leaped To A New High After Purchased By Monomoy
www.rttnews.com - July 3 at 8:28 AM |
 | West Marine (WMAR) Looks Good: Stock Adds 33.2% in Session
www.zacks.com - July 3 at 8:28 AM |
| West Marine Inc. (WMAR) Has Jumped To A New High After Bought By Monomoy
www.rttnews.com - July 2 at 8:33 AM |
| West Marine's Buyer Is Getting a Heck of a Bargain
finance.yahoo.com - July 1 at 9:04 AM |
| Forward View Upgrades West Marine, Inc. (WMAR) to "Hold"
www.americanbankingnews.com - July 1 at 8:04 AM |
| Mid-Afternoon Market Update: Crude Oil Up 2.5%; Cara Therapeutics Shares Slide
feeds.benzinga.com - June 30 at 2:45 PM |
 | Why West Marine Inc. Stock Surged 33% Today
www.fool.com - June 30 at 2:25 PM |
| Wall Street's M&A Chatter From June 29: West Marine, Rite Aid-Walgreens-Fred's, Oaktree-Fifth Street, Bass Pro-Cabelas
feeds.benzinga.com - June 30 at 8:42 AM |
| West Marine to be taken private at $12.97/share
seekingalpha.com - June 30 at 5:01 AM |
| [$$] Monomoy to Buy Boating Retailer West Marine
finance.yahoo.com - June 29 at 9:00 PM |
| West Marine Inc. to be Acquired by Monomoy Capital Partners for $12.97 Per Share
feeds.benzinga.com - June 29 at 5:26 PM |
| Zacks Investment Research Lowers West Marine, Inc. (WMAR) to Hold
www.americanbankingnews.com - June 28 at 11:59 AM |
| Critical Survey: Ollie's Bargain Outlet Holdings (OLLI) and West Marine (WMAR)
www.americanbankingnews.com - June 10 at 10:10 AM |
| Zacks: Analysts Expect West Marine, Inc. (WMAR) Will Post Quarterly Sales of $254.89 Million
www.americanbankingnews.com - June 9 at 4:06 PM |
| Zacks: Brokerages Anticipate West Marine, Inc. (WMAR) Will Post Earnings of $0.89 Per Share
www.americanbankingnews.com - June 7 at 8:08 AM |
| ETFs with exposure to West Marine, Inc. : June 5, 2017
finance.yahoo.com - June 6 at 2:32 AM |
| ETFs with exposure to West Marine, Inc. : May 16, 2017
finance.yahoo.com - May 17 at 12:11 AM |
West Marine (WMAR) Chart for Tuesday, September, 19, 2017
