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

OneWater Marine (NASDAQ:ONEW - Get Free Report) 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.

OneWater Marine Trading Down 7.4 %

NASDAQ ONEW traded down $1.76 during trading on Thursday, hitting $21.94. The stock had a trading volume of 61,435 shares, compared to its average volume of 88,118. OneWater Marine has a one year low of $20.00 and a one year high of $35.86. The stock has a 50 day simple moving average of $22.73 and a 200 day simple moving average of $24.60. The stock has a market capitalization of $352.29 million, a price-to-earnings ratio of -3.56 and a beta of 2.58. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.35 and a current ratio of 1.29.

Analyst Ratings Changes

ONEW has been the subject of a number of recent analyst reports. KeyCorp dropped their price objective on OneWater Marine from $30.00 to $29.00 and set an "overweight" rating for the company in a report on Wednesday, July 31st. Benchmark reissued a "hold" rating on shares of OneWater Marine in a research note on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $31.25.

Insider Buying and Selling

In other OneWater Marine news, CEO Philip Austin Jr. Singleton acquired 6,700 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was bought at an average cost of $22.39 per share, with a total value of $150,013.00. Following the completion of the purchase, the chief executive officer now directly owns 620,217 shares in the company, valued at $13,886,658.63. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other OneWater Marine news, COO Anthony M. Aisquith acquired 5,000 shares of the stock in a transaction dated Friday, September 6th. The stock was purchased at an average price of $21.75 per share, with a total value of $108,750.00. Following the transaction, the chief operating officer now directly owns 724,316 shares of the company's stock, valued at $15,753,873. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Philip Austin Jr. Singleton acquired 6,700 shares of the business's stock in a transaction dated Thursday, September 5th. The shares were bought at an average price of $22.39 per share, for a total transaction of $150,013.00. Following the acquisition, the chief executive officer now owns 620,217 shares of the company's stock, valued at approximately $13,886,658.63. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 20,034 shares of company stock valued at $441,828 over the last quarter. 18.70% of the stock is owned by corporate 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.