OneWater Marine (ONEW) Scheduled to Post Earnings on Thursday

OneWater Marine (NASDAQ:ONEW - Get Free Report) is scheduled to be issuing its quarterly 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. Parties that are interested in registering for the company's conference call can do so using this link.

OneWater Marine Trading Down 1.4 %

NASDAQ ONEW traded down $0.35 on Thursday, reaching $25.46. The stock had a trading volume of 72,341 shares, compared to its average volume of 88,703. The firm has a market capitalization of $408.89 million, a price-to-earnings ratio of -3.80 and a beta of 2.58. The company has a quick ratio of 0.35, a current ratio of 1.29 and a debt-to-equity ratio of 1.04. OneWater Marine has a 12-month low of $20.00 and a 12-month high of $35.86. The stock has a fifty day moving average price of $22.62 and a two-hundred day moving average price of $24.54.

Analyst Upgrades and Downgrades

Several research firms have commented on ONEW. Benchmark restated a "hold" rating on shares of OneWater Marine in a research note on Wednesday, July 31st. KeyCorp dropped their price target on shares of OneWater Marine from $30.00 to $29.00 and set an "overweight" rating for the company in a research note on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $31.25.

Insider Buying and Selling

In related news, COO Anthony M. Aisquith acquired 5,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was bought at an average price of $21.25 per share, for a total transaction of $106,250.00. Following the completion of the purchase, the chief operating officer now directly owns 729,316 shares of the company's stock, valued at approximately $15,497,965. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other OneWater Marine news, CEO Philip Austin Jr. Singleton bought 6,700 shares of OneWater Marine stock in a transaction dated Thursday, September 5th. The stock was acquired at an average cost of $22.39 per share, with a total value of $150,013.00. Following the completion of 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Anthony M. Aisquith purchased 5,000 shares of the business's stock in a transaction that occurred on Tuesday, September 10th. The shares were purchased at an average cost of $21.25 per share, with a total value of $106,250.00. Following the completion of the acquisition, the chief operating officer now directly owns 729,316 shares of the company's stock, valued at $15,497,965. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 56,529 shares of company stock worth $1,257,393. Corporate 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.