OneWater Marine (NASDAQ:ONEW) Releases 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.

OneWater Marine Price Performance

Shares of NASDAQ ONEW opened at $15.35 on Thursday. 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 business’s 50 day moving average price is $18.47 and its two-hundred day moving average price is $21.74. The company has a market cap of $249.59 million, a PE ratio of -38.37 and a beta of 2.58. OneWater Marine has a twelve month low of $14.29 and a twelve month high of $31.36.

OneWater Marine (NASDAQ:ONEW) last posted its earnings results on Thursday, January 30th. The company reported ($0.54) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.84) by $0.30. OneWater Marine had a positive return on equity of 3.74% and a negative net margin of 0.32%. On average, analysts predict that OneWater Marine will post 1.41 EPS for the current year.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, Director J Steven Roy purchased 2,500 shares of OneWater Marine stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of $19.05 per share, for a total transaction of $47,625.00. Following the transaction, the director now owns 20,760 shares of the company’s stock, valued at approximately $395,478. The trade was a 13.69 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Philip Austin Jr. Singleton acquired 13,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost 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 $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. Insiders have purchased 28,485 shares of company stock valued at $543,089 over the last 90 days. 20.30% of the stock is owned by corporate insiders.

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.