OneWater Marine (ONEW) Stock Price, News & Analysis

Company Overview

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. Further, it provides rental of boats and personal watercraft services. OneWater Marine Inc. was founded in 2014 and is headquartered in Buford, Georgia.

Key Stats

• Today's Range: $19.66 to $21.42
• 50-Day Range: $20.00 to $25.81
• 52-Week Range: $19.66 to $35.86
• Volume: 229,934 shs
• Average Volume: 73,507 shs
• Market Capitalization: $321.20 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $30.00
• Consensus Rating: Moderate Buy

OneWater Marine Stock Analysis - MarketRank™

OneWater Marine scored higher than 72% of companies evaluated by MarketBeat, and ranked 125th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

OneWater Marine has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

OneWater Marine has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 90.42%

Earnings Growth

Earnings for OneWater Marine are expected to grow by 90.42% in the coming year, from $1.67 to $3.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OneWater Marine is -50.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of OneWater Marine is -50.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

OneWater Marine has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.51% of the float of OneWater Marine has been sold short.

Short Interest Ratio / Days to Cover

OneWater Marine has a short interest ratio ("days to cover") of 15.2, which indicates bearish sentiment.

Change versus previous month

Short interest in OneWater Marine has recently decreased by 2.61%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

OneWater Marine does not currently pay a dividend.

Dividend Growth

OneWater Marine does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.51% of the float of OneWater Marine has been sold short.

Short Interest Ratio / Days to Cover

OneWater Marine has a short interest ratio ("days to cover") of 15.2, which indicates bearish sentiment.

Change versus previous month

Short interest in OneWater Marine has recently decreased by 2.61%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.27

News Sentiment

OneWater Marine has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for OneWater Marine this week, compared to 2 articles on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, OneWater Marine insiders have bought more of their company's stock than they have sold. Specifically, they have bought $441,828.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

18.70% of the stock of OneWater Marine is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

94.32% of the stock of OneWater Marine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ONEW Stock Analysis - Frequently Asked Questions

How have ONEW shares performed this year?

OneWater Marine's stock was trading at $33.79 at the beginning of 2024. Since then, ONEW stock has decreased by 40.8% and is now trading at $20.00.
View the best growth stocks for 2024 here.

How were OneWater Marine's earnings last quarter?

OneWater Marine Inc. (NASDAQ:ONEW) released its quarterly earnings results on Tuesday, July, 30th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by $1.01. The company earned $542.44 million during the quarter, compared to analyst estimates of $600.20 million. OneWater Marine had a negative net margin of 0.32% and a positive trailing twelve-month return on equity of 3.75%.

When did OneWater Marine IPO?

OneWater Marine (ONEW) raised $60 million in an initial public offering on Friday, February 7th 2020. The company issued 4,600,000 shares at a price of $12.00-$14.00 per share. Raymond James, Baird and SunTrust Robinson Humphrey served as the underwriters for the IPO.

Who are OneWater Marine's major shareholders?

OneWater Marine's top institutional shareholders include Royce & Associates LP (10.20%), Private Management Group Inc. (3.94%), Hotchkis & Wiley Capital Management LLC (1.88%) and Geode Capital Management LLC (1.83%). Insiders that own company stock include Anthony M Aisquith, Philip Austin Jr Singleton, Mitchell W Legler, Jeffrey B Lamkin, John Schraudenbach, Jack P Ezzell and John Troiano.
View institutional ownership trends.

How do I buy shares of OneWater Marine?

Shares of ONEW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of OneWater Marine own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OneWater Marine investors own include YETI (YETI), NVIDIA (NVDA), Advanced Micro Devices (AMD), Academy Sports and Outdoors (ASO), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Meta Platforms (META).

Company Calendar

• Last Earnings: 7/30/2024
• Today: 11/16/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Auto & home supply stores
• Sub-Industry: Retail
• Current Symbol: NASDAQ:ONEW
• CUSIP: N/A
• CIK: 1772921
• Web: www.onewatermarine.com
• Phone: 678-541-6300
• Fax: N/A
• Employees: 2,319
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $30.00
• High Stock Price Target: $35.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +50.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($6.66)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.39
• P/E Growth: N/A
• Net Income: $-38,590,000.00
• Net Margins: -5.16%
• Pretax Margin: -6.99%
• Return on Equity: 6.60%
• Return on Assets: 1.55%

Debt

• Debt-to-Equity Ratio: 1.04
• Current Ratio: 1.29
• Quick Ratio: 0.35

Sales & Book Value

• Annual Sales: $1.94 billion
• Price / Sales: 0.17
• Cash Flow: $5.41 per share
• Price / Cash Flow: 3.70
• Book Value: $26.12 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 16,060,000
• Free Float: 13,054,000
• Market Cap: $321.20 million
• Optionable: Optionable
• Beta: 2.58