OneWater Marine (ONEW) Scheduled to Post Earnings on Thursday

OneWater Marine (NASDAQ:ONEW) is set to post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect OneWater Marine to post earnings of $0.08 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

OneWater Marine Stock Up 10.1 %

NASDAQ:ONEW opened at $25.81 on Thursday. The company has a market cap of $414.51 million, a price-to-earnings ratio of -3.88 and a beta of 2.58. OneWater Marine has a twelve month low of $20.00 and a twelve month high of $35.86. The company has a current ratio of 1.29, a quick ratio of 0.35 and a debt-to-equity ratio of 1.04. The stock has a fifty day simple moving average of $22.62 and a 200-day simple moving average of $24.54.

Insiders Place Their Bets

In other OneWater Marine news, COO Anthony M. Aisquith purchased 5,000 shares of OneWater Marine stock in a transaction dated Tuesday, September 10th. The stock was acquired at an average price of $21.25 per share, for a total transaction of $106,250.00. Following the acquisition, the chief operating officer now owns 729,316 shares in the company, valued at $15,497,965. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jeffrey B. Lamkin acquired 30,919 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The shares were bought at an average price of $22.27 per share, with a total value of $688,566.13. Following the completion of the transaction, the director now directly owns 56,705 shares in the company, valued at $1,262,820.35. This trade represents a 100.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Anthony M. Aisquith bought 5,000 shares of the business’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 purchase, the chief operating officer now directly owns 729,316 shares of the company’s stock, valued at $15,497,965. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 56,529 shares of company stock worth $1,257,393 in the last three months. Corporate insiders own 18.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ONEW. Benchmark reissued a “hold” rating on shares of OneWater Marine in a research report on Wednesday, July 31st. KeyCorp lowered their price target on OneWater Marine from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, OneWater Marine currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.25.

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.