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

OneWater Marine (NASDAQ:ONEW) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.000-2.000 for the period, compared to the consensus 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.

OneWater Marine Stock Performance

NASDAQ ONEW opened at $18.07 on Friday. The firm’s fifty day moving average price is $18.35 and its two-hundred day moving average price is $21.65. The stock has a market cap of $293.82 million, a PE ratio of -45.17 and a beta of 2.58. OneWater Marine has a fifty-two week low of $14.29 and a fifty-two week high of $31.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.31 and a current ratio of 1.28.

OneWater Marine (NASDAQ:ONEW) last posted its quarterly earnings data on Thursday, January 30th. The company reported ($0.54) EPS for the quarter, beating analysts’ consensus estimates 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%. On average, equities analysts expect that OneWater Marine will post 1.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Transactions at OneWater Marine

In related news, Director J Steven Roy purchased 2,500 shares of OneWater Marine stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of $19.05 per share, for a total transaction of $47,625.00. Following the completion of the acquisition, the director now directly owns 20,760 shares of the company’s stock, valued at $395,478. The trade was a 13.69 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Philip Austin Jr. Singleton purchased 13,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was bought at an average cost of $18.60 per share, with a total value of $241,800.00. Following the transaction, the chief executive officer now owns 667,368 shares in the company, valued at $12,413,044.80. The trade was a 1.99 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders bought 28,485 shares of company stock valued at $543,089. Corporate insiders own 20.30% of the company’s stock.

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.