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

OneWater Marine (NASDAQ:ONEW) updated its FY 2025 earnings guidance on Thursday. 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.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ONEW. Stifel Nicolaus reduced 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. Truist Financial reduced their price objective 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. KeyCorp reduced their target price on OneWater Marine from $27.00 to $22.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. DA Davidson reduced their target price on OneWater Marine from $27.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday, November 18th. Finally, Benchmark reissued a “hold” rating on shares of OneWater Marine in a research report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $23.75.

OneWater Marine Stock Up 3.5 %

Shares of OneWater Marine stock opened at $18.07 on Friday. The company has a market capitalization of $293.82 million, a P/E ratio of -45.17 and a beta of 2.58. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.28 and a quick ratio of 0.31. OneWater Marine has a 1-year low of $14.29 and a 1-year high of $31.36. The business’s fifty day moving average price is $18.35 and its two-hundred day moving average price is $21.65.

OneWater Marine (NASDAQ:ONEW) last released its earnings results on Thursday, January 30th. The company reported ($0.54) EPS for the quarter, topping 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%. As a group, research analysts forecast that OneWater Marine will post 1.33 EPS for the current year.

Insider Activity

In related news, Director J Steven Roy purchased 2,500 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average cost of $19.05 per share, for a total transaction of $47,625.00. Following the transaction, the director now directly owns 20,760 shares of the company’s stock, valued at approximately $395,478. This trade represents a 13.69 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Philip Austin Jr. Singleton purchased 13,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average price of $18.60 per share, for a total transaction of $241,800.00. Following the completion of the purchase, the chief executive officer now directly owns 667,368 shares of the company’s stock, valued at approximately $12,413,044.80. This trade represents a 1.99 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 28,485 shares of company stock worth $543,089 in the last ninety days. Corporate insiders own 20.30% of the company’s stock.

About OneWater Marine

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.