The stock of Onewater Marine Inc (ONEW) has seen a -5.21% decrease in the past week, with a -18.86% drop in the past month, and a -27.66% decrease in the past quarter. The volatility ratio for the week is 4.97%, and the volatility levels for the past 30 days are at 5.50% for ONEW. The simple moving average for the past 20 days is -12.97% for ONEW’s stock, with a -27.34% simple moving average for the past 200 days.
Is It Worth Investing in Onewater Marine Inc (NASDAQ: ONEW) Right Now?
The 36-month beta value for ONEW is also noteworthy at 2.56. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ONEW is 10.68M, and at present, short sellers hold a 10.08% of that float. The average trading volume of ONEW on December 27, 2024 was 93.93K shares.
ONEW) stock’s latest price update
The stock price of Onewater Marine Inc (NASDAQ: ONEW) has dropped by -6.02 compared to previous close of 18.59. Despite this, the company has seen a fall of -5.21% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that OneWater Marine Inc. (NASDAQ:ONEW ) Q4 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Jack Ezzell – CFO Austin Singleton – CEO Anthony Aisquith – President & COO Conference Call Participants Joe Altobello – Raymond James Craig Kennison – Baird Drew Crum – Stifel Fred Wightman – Wolfe Research Michael Swartz – Truist Noah Zatzkin – KeyBanc Capital Markets Operator Good day, and welcome to the OneWater Marine Fiscal Fourth Quarter and Full Year 2024 Conference Call. All participants will be in a listen-only mode.
Analysts’ Opinion of ONEW
KeyBanc Capital Markets gave a rating of “Overweight” to ONEW, setting the target price at $33 in the report published on April 19th of the previous year.
ONEW Trading at -18.23% from the 50-Day Moving Average
After a stumble in the market that brought ONEW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.69% of loss for the given period.
Volatility was left at 5.50%, however, over the last 30 days, the volatility rate increased by 4.97%, as shares sank -20.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.46% lower at present.
During the last 5 trading sessions, ONEW fell by -4.50%, which changed the moving average for the period of 200-days by -29.00% in comparison to the 20-day moving average, which settled at $20.08. In addition, Onewater Marine Inc saw -48.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ONEW starting from Singleton Philip Austin Jr., who purchase 13,000 shares at the price of $18.60 back on Dec 19 ’24. After this action, Singleton Philip Austin Jr. now owns 667,368 shares of Onewater Marine Inc, valued at $241,800 using the latest closing price.
Singleton Philip Austin Jr., the CEO of Onewater Marine Inc, purchase 9,582 shares at $20.82 during a trade that took place back on Dec 05 ’24, which means that Singleton Philip Austin Jr. is holding 654,368 shares at $199,497 based on the most recent closing price.
Stock Fundamentals for ONEW
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.24 for the gross margin
The net margin for Onewater Marine Inc stands at -0.0. The total capital return value is set at 0.08. Equity return is now at value -1.59, with -0.35 for asset returns.
Based on Onewater Marine Inc (ONEW), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 2.4. The interest coverage ratio of the stock is 1.12.
Currently, EBITDA for the company is 86.99 million with net debt to EBITDA at 9.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.7. The receivables turnover for the company is 24.19for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
In summary, Onewater Marine Inc (ONEW) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
