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

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.000-2.000 for the period, compared to the consensus EPS estimate of 1.500. The company issued revenue guidance of $1.7 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Analysts Set New Price Targets

ONEW has been the subject of a number of recent analyst reports. Truist Financial lowered their price target on OneWater Marine from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. Benchmark reaffirmed a “hold” rating on shares of OneWater Marine in a research report on Friday, November 15th. Stifel Nicolaus cut their price target on OneWater Marine from $31.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. DA Davidson lowered their price objective on shares of OneWater Marine from $27.00 to $23.00 and set a “neutral” rating on the stock in a research note on Monday, November 18th. Finally, KeyCorp cut their target price on shares of OneWater Marine from $27.00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, OneWater Marine presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.75.

OneWater Marine Stock Down 6.5 %

Shares of NASDAQ:ONEW opened at $15.35 on Thursday. OneWater Marine has a 12 month low of $14.29 and a 12 month high of $31.36. The firm has a market cap of $249.59 million, a P/E ratio of -38.37 and a beta of 2.58. The company has a quick ratio of 0.31, a current ratio of 1.28 and a debt-to-equity ratio of 1.06. The company’s 50-day moving average price is $18.47 and its two-hundred day moving average price is $21.74.

OneWater Marine (NASDAQ:ONEW) last issued its earnings results on Thursday, January 30th. The company reported ($0.54) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.84) by $0.30. OneWater Marine had a negative net margin of 0.32% and a positive return on equity of 3.74%. As a group, research analysts forecast that OneWater Marine will post 1.41 EPS for the current fiscal year.

Insider Buying and Selling

In other OneWater Marine news, CEO Philip Austin Jr. Singleton bought 13,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average cost of $18.60 per share, with a total value of $241,800.00. Following the purchase, the chief executive officer now owns 667,368 shares in the company, valued at $12,413,044.80. This trade represents a 1.99 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J Steven Roy purchased 2,500 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average cost of $19.05 per share, for a total transaction of $47,625.00. Following the purchase, the director now owns 20,760 shares of the company’s stock, valued at approximately $395,478. This represents a 13.69 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 28,485 shares of company stock valued at $543,089 in the last 90 days. 20.30% of the stock is owned by 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.