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

OneWater Marine (NASDAQ:ONEW) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.000-2.000 for the period, compared to the consensus earnings per share 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 Stock Performance

Shares of NASDAQ:ONEW opened at $23.70 on Thursday. OneWater Marine has a 1-year low of $20.00 and a 1-year high of $35.86. The business’s 50 day moving average is $22.71 and its 200-day moving average is $24.61. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.29 and a quick ratio of 0.35.

Analysts Set New Price Targets

ONEW has been the subject of a number of analyst reports. Benchmark restated a “hold” rating on shares of OneWater Marine in a research note on Wednesday, July 31st. KeyCorp decreased their price objective on shares of OneWater Marine from $30.00 to $29.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 31st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.25.

Insider Activity

In related news, COO Anthony M. Aisquith bought 5,000 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average price of $21.75 per share, with a total value of $108,750.00. Following the completion of the transaction, the chief operating officer now owns 724,316 shares in the company, valued at $15,753,873. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related 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 acquired at an average cost of $22.39 per share, for a total transaction of $150,013.00. Following the transaction, the chief executive officer now directly owns 620,217 shares in the company, valued at $13,886,658.63. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Anthony M. Aisquith acquired 5,000 shares of OneWater Marine stock in a transaction that occurred on Friday, September 6th. The stock was acquired at an average cost of $21.75 per share, for a total transaction of $108,750.00. Following the purchase, the chief operating officer now owns 724,316 shares of the company’s stock, valued at $15,753,873. The trade was 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 worth $441,828 over the last three months. Corporate insiders own 18.70% of the company’s stock.

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.