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

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.000-2.000 for the period, compared to the consensus estimate of 2.730. The company issued revenue guidance of $1.7 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ONEW shares. Stifel Nicolaus lowered their price objective on OneWater Marine from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Friday. KeyCorp decreased their price target on shares of OneWater Marine from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Benchmark reaffirmed a “hold” rating on shares of OneWater Marine in a report on Friday. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, OneWater Marine presently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

OneWater Marine Price Performance

Shares of ONEW opened at $20.00 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.35 and a debt-to-equity ratio of 1.04. The firm has a market cap of $321.20 million, a price-to-earnings ratio of -3.00 and a beta of 2.58. OneWater Marine has a 52 week low of $19.66 and a 52 week high of $35.86. The stock has a 50 day moving average of $22.67 and a 200-day moving average of $24.56.

Insiders Place Their Bets

In other OneWater Marine news, COO Anthony M. Aisquith bought 5,000 shares of the business’s stock in a transaction on Friday, September 6th. The shares were purchased at an average price of $21.75 per share, with a total value of $108,750.00. Following the completion of the acquisition, the chief operating officer now directly owns 724,316 shares of the company’s stock, valued at approximately $15,753,873. The trade was a 0.70 % 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 bought 3,334 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was bought at an average price of $23.04 per share, with a total value of $76,815.36. Following the completion of the purchase, the chief executive officer now owns 613,517 shares of the company’s stock, valued at $14,135,431.68. This trade represents a 0.55 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 20,034 shares of company stock valued at $441,828 over the last 90 days. 18.70% of the stock is owned by company 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.