OneWater Marine (ONEW) Scheduled to Post Earnings on Thursday

OneWater Marine (NASDAQ:ONEW - Get Free Report) is scheduled to release its earnings data before the market opens on Thursday, November 14th. Analysts expect OneWater Marine to post earnings of $0.08 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

OneWater Marine Stock Performance

ONEW stock traded down $0.35 during midday trading on Thursday, reaching $25.46. The stock had a trading volume of 72,341 shares, compared to its average volume of 88,703. The stock has a market cap of $408.89 million, a PE ratio of -3.80 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. The firm has a fifty day simple moving average of $22.62 and a two-hundred day simple moving average of $24.54. OneWater Marine has a 52-week low of $20.00 and a 52-week high of $35.86.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. KeyCorp dropped 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. Benchmark reiterated a "hold" rating on shares of OneWater Marine in a report on Wednesday, July 31st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, OneWater Marine currently has an average rating of "Moderate Buy" and a consensus price target of $31.25.

Insider Buying and Selling

In other news, Director Jeffrey B. Lamkin acquired 30,919 shares of the stock in a transaction that occurred on Friday, August 9th. The shares were bought at an average cost of $22.27 per share, for a total transaction of $688,566.13. Following the acquisition, the director now owns 56,705 shares in the company, valued at approximately $1,262,820.35. This represents a 100.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other OneWater Marine news, Director Jeffrey B. Lamkin bought 30,919 shares of the firm's stock in a transaction on Friday, August 9th. The shares were acquired at an average cost of $22.27 per share, with a total value of $688,566.13. Following the purchase, the director now directly owns 56,705 shares of the company's stock, valued at $1,262,820.35. This trade represents a 100.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jeffrey B. Lamkin bought 3,009 shares of the firm's stock in a transaction on Monday, August 12th. The stock was acquired at an average cost of $22.67 per share, for a total transaction of $68,214.03. Following the completion of the purchase, the director now directly owns 59,714 shares in the company, valued at approximately $1,353,716.38. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have bought 56,529 shares of company stock worth $1,257,393. 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.