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

OneWater Marine (NASDAQ:ONEW) updated its FY 2025 earnings guidance on Thursday. 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.

OneWater Marine Stock Down 10.4 %

ONEW opened at $21.23 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.35 and a current ratio of 1.29. The company has a market cap of $340.95 million, a price-to-earnings ratio of -3.19 and a beta of 2.58. OneWater Marine has a one year low of $20.00 and a one year high of $35.86. The business’s fifty day moving average is $22.71 and its two-hundred day moving average is $24.58.

Analysts Set New Price Targets

Several analysts have issued reports on ONEW shares. KeyCorp reduced their price target on shares of OneWater Marine from $30.00 to $29.00 and set an “overweight” rating on the stock in a report on Wednesday, July 31st. Benchmark reissued a “hold” rating on shares of OneWater Marine 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $31.25.

Insider Buying and Selling

In related news, COO Anthony M. Aisquith bought 5,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was purchased at an average cost of $21.25 per share, for a total transaction of $106,250.00. Following the completion of the acquisition, the chief operating officer now owns 729,316 shares in the company, valued at $15,497,965. This trade represents a 0.69 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Philip Austin Jr. Singleton bought 3,334 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average cost of $23.04 per share, for a total transaction of $76,815.36. Following the completion of the transaction, the chief executive officer now directly owns 613,517 shares in the company, valued at approximately $14,135,431.68. This trade represents a 0.55 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 20,034 shares of company stock worth $441,828. 18.70% of the stock is owned by 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.