Should I buy or sell OneWater Marine stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OneWater Marine in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ONEW shares. View ONEW analyst ratings or view top-rated stocks .

What is OneWater Marine's stock price target for 2024?

6 Wall Street research analysts have issued 12-month price targets for OneWater Marine's shares. Their ONEW share price targets range from $27.00 to $35.00. On average, they predict the company's stock price to reach $32.40 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts price targets for ONEW or view top-rated stocks among Wall Street analysts .

How have ONEW shares performed in 2024?

OneWater Marine's stock was trading at $33.79 at the start of the year. Since then, ONEW shares have decreased by 30.6% and is now trading at $23.45. View the best growth stocks for 2024 here .

When is OneWater Marine's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our ONEW earnings forecast .

How were OneWater Marine's earnings last quarter?

OneWater Marine Inc. (NASDAQ:ONEW) announced its earnings results on Thursday, February, 1st. The company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.08. The company had revenue of $364.01 million for the quarter, compared to analyst estimates of $370.33 million. OneWater Marine had a negative net margin of 2.83% and a positive trailing twelve-month return on equity of 11.55%.

What guidance has OneWater Marine issued on next quarter's earnings?

OneWater Marine issued an update on its FY 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of 3.250-3.750 for the period, compared to the consensus estimate of 3.540. The company issued revenue guidance of -.

What other stocks do shareholders of OneWater Marine own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OneWater Marine investors own include Capricor Therapeutics (CAPR) , Akoustis Technologies (AKTS) , AAR (AIR) , Aimmune Therapeutics (AIMT) , Allergan (AGN) , Alphamin Resources (AFM) , Agnico Eagle Mines (AEM) , ADMA Biologics (ADMA) , Accenture (ACN) and Aurora Cannabis (ACB) .

When did OneWater Marine IPO?

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

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 .

NASDAQ:ONEW

OneWater Marine (ONEW) Stock Price, News & Analysis

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Free ONEW Stock Alerts

$23.45

-0.74 (-3.06%)

(As of 04/18/2024 ET)

Compare

Today's Range: $23.43
▼
$24.61
50-Day Range: $23.94
▼
$28.15
52-Week Range: $21.78
▼
$39.15

Volume: 109,941 shs
Average Volume: 85,189 shs
Market Capitalization: $374.50 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $32.40

Get OneWater Marine alerts:

OneWater Marine MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 38.2% Upside
$32.40 Price Target
Short Interest: Bearish
7.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.25
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.94%
From $3.58 to $3.90 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.33 out of 5 stars

Consumer Discretionary Sector

171st out of 250 stocks

Auto & Home Supply Stores Industry

6th out of 6 stocks

3.3

Analyst's Opinion

Consensus Rating
OneWater Marine has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
OneWater Marine has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.90% 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 9.7.
Change versus previous month
Short interest in OneWater Marine has recently increased by 2.77%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
OneWater Marine does not currently pay a dividend.
Dividend Growth
OneWater Marine does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ONEW.

1.8

News and Social Media Coverage

News Sentiment
OneWater Marine has a news sentiment score of 0.25. 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 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for OneWater Marine this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added OneWater Marine to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OneWater Marine insiders have not sold or bought any 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for OneWater Marine are expected to grow by 8.94% in the coming year, from $3.58 to $3.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OneWater Marine is -6.06, 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 -6.06, 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 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About OneWater Marine Stock (NASDAQ:ONEW)

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.

ONEW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ONEW Stock News Headlines

April 18, 2024 | globenewswire.com

OneWater Marine Inc. Announces Fiscal Second Quarter 2024 Earnings Release Date and Conference Call Information

April 12, 2024 | markets.businessinsider.com

OneWater Marine To Acquire Garden State Yacht Sales

April 18, 2024 | Darwin (Ad)

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April 11, 2024 | marketwatch.com

OneWater Marine in Deal to Buy Boat Dealer Garden State Yacht Sales

April 11, 2024 | globenewswire.com

OneWater Marine Inc. Signs Definitive Agreement to Acquire Garden State Yacht Sales

April 10, 2024 | americanbankingnews.com

OneWater Marine Inc. (NASDAQ:ONEW) Given Average Rating of "Moderate Buy" by Analysts

April 5, 2024 | seekingalpha.com

OneWater Marine: Solid Business With M&A Strategy Priced Attractively

March 15, 2024 | markets.businessinsider.com

Deep Dive Into OneWater Marine Stock: Analyst Perspectives (6 Ratings)

April 18, 2024 | The Bull Report (Ad)

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February 16, 2024 | finance.yahoo.com

It Looks Like OneWater Marine Inc.'s (NASDAQ:ONEW) CEO May Expect Their Salary To Be Put Under The Microscope

February 3, 2024 | finance.yahoo.com

Estimating The Fair Value Of OneWater Marine Inc. (NASDAQ:ONEW)

February 2, 2024 | markets.businessinsider.com

What Analysts Are Saying About OneWater Marine Stock

February 2, 2024 | finance.yahoo.com

OneWater Marine Inc. (NASDAQ:ONEW) Q1 2024 Earnings Call Transcript

February 2, 2024 | uk.finance.yahoo.com

Q1 2024 OneWater Marine Inc Earnings Call