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 guidance of 1.000-2.000 for the period, compared to the consensus earnings per share 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 Trading Up 4.4 %

ONEW stock traded up $0.76 during trading on Friday, reaching $18.22. The company had a trading volume of 56,082 shares, compared to its average volume of 154,651. OneWater Marine has a 52 week low of $14.29 and a 52 week high of $31.36. The business has a 50 day moving average of $18.42 and a 200 day moving average of $21.71. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.28 and a quick ratio of 0.31. The company has a market cap of $296.26 million, a P/E ratio of -45.55 and a beta of 2.58.

OneWater Marine (NASDAQ:ONEW) last announced its earnings results 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%. As a group, sell-side analysts forecast that OneWater Marine will post 1.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. KeyCorp decreased their price objective on shares of OneWater Marine from $27.00 to $22.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Benchmark reaffirmed a “hold” rating on shares of OneWater Marine in a report on Friday, November 15th. DA Davidson dropped their price objective on OneWater Marine from $27.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, November 18th. Truist Financial decreased their target price on OneWater Marine from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Finally, Stifel Nicolaus dropped their price target on shares of OneWater Marine from $31.00 to $25.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, OneWater Marine has an average rating of “Moderate Buy” and an average price target 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 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 acquisition, the director now owns 20,760 shares in the company, 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 Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Philip Austin Jr. Singleton acquired 13,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price 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 of the company’s stock, valued at approximately $12,413,044.80. This represents a 1.99 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 28,485 shares of company stock valued at $543,089 over the last 90 days. Company 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.