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.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Benchmark reaffirmed a “hold” rating on shares of OneWater Marine in a report on Friday, November 15th. KeyCorp reduced their price target on OneWater Marine from $27.00 to $22.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Truist Financial decreased their target price 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 cut their price objective on shares of OneWater Marine from $31.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Finally, DA Davidson cut their price target on OneWater Marine from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, OneWater Marine has a consensus rating of “Moderate Buy” and a consensus price target of $23.75.

OneWater Marine Price Performance

Shares of ONEW traded up $2.59 during trading hours on Thursday, hitting $17.94. 309,800 shares of the stock were exchanged, compared to its average volume of 152,164. The stock’s 50-day moving average price is $18.47 and its two-hundred day moving average price is $21.74. OneWater Marine has a 12-month low of $14.29 and a 12-month 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. The company has a market cap of $291.62 million, a price-to-earnings ratio of -44.82 and a beta of 2.58.

OneWater Marine (NASDAQ:ONEW) last posted its quarterly earnings results on Thursday, January 30th. The company reported ($0.54) earnings per share for the quarter, topping 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%. Research analysts expect that OneWater Marine will post 1.41 earnings per share for the current year.

Insider Activity at OneWater Marine

In other OneWater Marine news, Director J Steven Roy acquired 2,500 shares of the stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average price of $19.05 per share, with a total value of $47,625.00. Following the completion of the purchase, the director now owns 20,760 shares in the company, valued at $395,478. This trade represents a 13.69 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Philip Austin Jr. Singleton bought 11,939 shares of OneWater Marine stock in a transaction on Tuesday, November 19th. The shares were acquired at an average price of $19.42 per share, for a total transaction of $231,855.38. Following the completion of the acquisition, the chief executive officer now owns 632,161 shares in the company, valued at $12,276,566.62. This represents a 1.92 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 28,485 shares of company stock worth $543,089. 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.