OneWater Marine (ONEW) Scheduled to Post Earnings on Thursday

OneWater Marine (NASDAQ:ONEW) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

OneWater Marine Stock Up 10.1 %

OneWater Marine stock opened at $25.81 on Thursday. OneWater Marine has a 1-year low of $20.00 and a 1-year high of $35.86. The business has a fifty day moving average price of $22.62 and a 200-day moving average price of $24.54. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.29 and a quick ratio of 0.35. The stock has a market capitalization of $414.51 million, a price-to-earnings ratio of -3.88 and a beta of 2.58.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Benchmark restated a “hold” rating on shares of OneWater Marine in a research note on Wednesday, July 31st. KeyCorp dropped their target price on shares of OneWater Marine from $30.00 to $29.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 31st. Two 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 an average rating of “Moderate Buy” and a consensus price target of $31.25.

Insider Activity

In other news, CEO Philip Austin Jr. Singleton bought 3,334 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average price of $23.04 per share, with a total value of $76,815.36. Following the completion of the acquisition, the chief executive officer now directly owns 613,517 shares of the company’s stock, valued at $14,135,431.68. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other OneWater Marine news, CEO Philip Austin Jr. Singleton bought 3,334 shares of OneWater Marine stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average price of $23.04 per share, with a total value of $76,815.36. Following the completion of the acquisition, the chief executive officer now directly owns 613,517 shares in the company, valued at approximately $14,135,431.68. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeffrey B. Lamkin purchased 30,919 shares of the stock in a transaction on Friday, August 9th. The stock was acquired at an average cost of $22.27 per share, for a total transaction of $688,566.13. Following the completion of the acquisition, the director now owns 56,705 shares of the company’s stock, valued at $1,262,820.35. The trade was a 100.00 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 56,529 shares of company stock valued at $1,257,393. Company insiders own 18.70% 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.