Onewater Marine Inc (NASDAQ:ONEW)’s traded shares stood at 0.31 million during the last session, with the company’s beta value hitting 2.31. At the close of trading, the stock’s price was $17.26, to imply a decrease of -1.60% or -$0.28 in intraday trading. The ONEW share’s 52-week high remains $31.36, putting it -81.69% down since that peak but still an impressive 18.13% since price per share fell to its 52-week low of $14.13. The company has a valuation of $301.33M, with an average of 0.13 million shares in intraday trading volume over the past 10 days and average of 159.75K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Onewater Marine Inc (ONEW), translating to a mean rating of 2.00. Of 4 analyst(s) looking at the stock, 0 analyst(s) give ONEW a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.35.
Onewater Marine Inc (NASDAQ:ONEW) trade information
After registering a -1.60% downside in the last session, Onewater Marine Inc (ONEW) has traded red over the past five days. The 5-day price performance for the stock is 7.20%, and -6.95% over 30 days. With these gigs, the year-to-date price performance is -0.69%. Short interest in Onewater Marine Inc (NASDAQ:ONEW) saw shorts transact 2.52 million shares and set a 14.79 days time to cover.
The extremes give us $27 and $40 for target low and target high price respectively. As such, ONEW has been trading -131.75% off suggested target high and -56.43% from its likely low.
Onewater Marine Inc (ONEW) estimates and forecasts
The rating firms project that company’s revenue will grow 3.14% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 498.73M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 559.7M.Earnings reports from the last fiscal year show that sales brought in 488.32M and 542.44M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.13% before jumping 3.18% in the following quarter.
ONEW Dividends
Onewater Marine Inc has its next earnings report out on 2025-Jan-29. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Onewater Marine Inc (NASDAQ:ONEW)’s Major holders
Onewater Marine Inc insiders hold 29.55% of total outstanding shares, with institutional holders owning 74.07% of the shares at 105.14% float percentage. In total, 74.07% institutions holds shares in the company, led by AMERICAN CENTURY COMPANIES INC. As of 2024-06-30, the company held over 1.6 million shares (or 10.9915% of shares), all amounting to roughly $44.18 million.
The next major institution holding the largest number of shares is ROYCE & ASSOCIATES LP with 1.49 million shares, or about 10.237% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $41.15 million.
We also have SMALL CAP VALUE FUND and SMALLCAP WORLD FUND INC as the top two Mutual Funds with the largest holdings of the Onewater Marine Inc (ONEW) shares. Going by data provided on Dec 31, 2024 , SMALL CAP VALUE FUND holds roughly 1.29 shares. This is just over 8.08% of the total shares, with a market valuation of $22.35 million. Data from the same date shows that the other fund manager holds a little less at 754.8, or 4.71% of the shares, all valued at about 13.03 million.
