OneWater Marine (ONEW) Downgraded by Zacks Investment Research to Sell

OneWater Marine stock has undergone multiple analysts rating changes in the recent past.  OneWater Marine Downgraded by Zacks Investment Research on 10/12/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of OneWater Marine traded down -$0.25 on Monday, reaching $41.99. 0 shares of the stock traded hands, compared to its average volume of 58803. Shares of OneWater Marine were trading at $41.99 on Monday. The firm’s 50 day moving average is $41.48 and its 200 day moving average is $41.32.OneWater Marine has a 12 month low of $41.69 and a 12 month high of $56.78. While on yearly highs and lows, OneWater Marine’s today has traded high as $42.20 and has touched $41.69 on the downward trend. See More Analyst Rating at: RATING

OneWater Marine Earnings and What to expect: 

OneWater Marine last released its quarterly earnings data on July 29th, 2021. The reported $3.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.66. The company had revenue of $404.21 million for the quarter, compared to analyst estimates of $454.06 million. OneWater Marine has generated $3.59 earnings per share over the last year ($5.82 diluted earnings per share) and currently has a price-to-earnings ratio of 7.2. Earnings for OneWater Marine are expected to grow by 2.51% in the coming year, from $6.78 to $6.95 per share. OneWater Marine has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 18th, 2021 based off prior year’s report dates.

Earnings for OneWater Marine are expected to grow by 2.51% in the coming year, from $6.78 to $6.95 per share. The P/E ratio of OneWater Marine is 7.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.70. The P/E ratio of OneWater Marine is 7.21, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.36. OneWater Marine has a P/B Ratio of 3.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

OneWater Marine (ONEW) Moving Average Technical Analysis

5 day Moving Average is $42.27 And 5 day price change is -$0.25 (-0.59%)  with average volume for 5 day average is 43,120. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $40.59 and 20 day price change is $4.14 (10.94%) and average 20 day moving volume is 55,945. 50 day moving average is $41.48  and 50 day price change is -$4.99 ( -10.62%)  and with average volume for 50 days is : 57,040. 200 day moving average is $41.32  and 200 day price change is $12.00 (40.01%)  and with average volume for 200 days is : 85,775.

Other owners latest trading in OneWater Marine :

  • On 10/8/2021 shares held by Paragon Advisors LLC were 41,198 which equates to market value of $1.66M and appx 0.80% owners of OneWater Marine
  • On 8/25/2021 shares held by Marshall Wace LLP were 88,297 which equates to market value of $3.71M and appx 0.00% owners of OneWater Marine
  • On 8/25/2021 shares held by Marshall Wace North America L.P. were 28,493 which equates to market value of $1.20M and appx 0.00% owners of OneWater Marine
  • In total Institutional ownership equates to Institutional Ownership Percentage: 54.05% for OneWater Marine

See More Analyst Rating at: RATING