OneWater Marine (NASDAQ:ONEW) Issues 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

Several equities research analysts have issued reports on the stock. Benchmark reaffirmed a “hold” rating on shares of OneWater Marine in a research note on Wednesday, July 31st. KeyCorp cut their target price on 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 research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.25.

OneWater Marine Stock Down 10.4 %

Shares of NASDAQ ONEW opened at $21.23 on Friday. OneWater Marine has a 12-month low of $20.00 and a 12-month high of $35.86. The stock has a market cap of $340.95 million, a P/E ratio of -3.19 and a beta of 2.58. 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 business’s fifty day simple moving average is $22.71 and its 200-day simple moving average is $24.58.

Insider Buying and Selling at OneWater Marine

In other OneWater Marine news, COO Anthony M. Aisquith purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average price of $21.75 per share, for a total transaction of $108,750.00. Following the purchase, the chief operating officer now directly owns 724,316 shares in the company, valued at approximately $15,753,873. This trade represents a 0.70 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Philip Austin Jr. Singleton purchased 3,334 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average cost of $23.04 per share, for a total transaction of $76,815.36. Following the acquisition, the chief executive officer now owns 613,517 shares of the company’s stock, valued at approximately $14,135,431.68. The trade was a 0.55 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 20,034 shares of company stock worth $441,828 over the last 90 days. Corporate insiders own 18.70% 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.