Is Onewater Marine Stock a Good Investment?
Onewater Marine Investment Advice | ONEW |
- Examine Onewater Marine's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Onewater Marine's leadership team and their track record. Good management can help Onewater Marine navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Retail space and any emerging trends that could impact Onewater Marine's business and its evolving consumer preferences.
- Compare Onewater Marine's performance and market position to its competitors. Analyze how Onewater Marine is positioned in terms of product offerings, innovation, and market share.
- Check if Onewater Marine pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Onewater Marine's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Onewater Marine stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Onewater Marine is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Excited | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Onewater Marine Stock
Researching Onewater Marine's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 24.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.9. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Onewater Marine recorded a loss per share of 0.4. The entity last dividend was issued on the 25th of June 2021.
To determine if Onewater Marine is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Onewater Marine's research are outlined below:
| Onewater Marine generated a negative expected return over the last 90 days | |
| Onewater Marine has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 1.94 B. Net Loss for the year was (38.59 M) with profit before overhead, payroll, taxes, and interest of 553.65 M. | |
| Onewater Marine currently holds about 95.69 M in cash with (129.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.77. | |
| Onewater Marine has a frail financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: OneWater Marine Inc Trading 2.6 percent Higher on Nov 27 |
Onewater Marine Quarterly Cost Of Revenue |
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Onewater Marine uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Onewater Marine. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Onewater Marine's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Onewater Marine's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Onewater Marine's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-05-07 | 2020-03-31 | 0.21 | 0.18 | -0.03 | 14 | ||
2020-02-27 | 2019-12-31 | -0.14 | -0.095 | 0.045 | 32 | ||
2024-02-01 | 2023-12-31 | -0.27 | -0.38 | -0.11 | 40 | ||
2023-11-16 | 2023-09-30 | 0.58 | 0.42 | -0.16 | 27 | ||
2021-11-18 | 2021-09-30 | 1.17 | 1.35 | 0.18 | 15 | ||
2022-11-15 | 2022-09-30 | 1.56 | 1.28 | -0.28 | 17 | ||
2022-02-03 | 2021-12-31 | 1.09 | 1.45 | 0.36 | 33 | ||
2022-08-04 | 2022-06-30 | 3.49 | 3.86 | 0.37 | 10 |
Know Onewater Marine's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Onewater Marine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Onewater Marine backward and forwards among themselves. Onewater Marine's institutional investor refers to the entity that pools money to purchase Onewater Marine's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Nbw Capital | 2024-09-30 | 249 K | State Street Corp | 2024-06-30 | 224.9 K | Sei Investments Co | 2024-06-30 | 190.2 K | Acadian Asset Management Llc | 2024-06-30 | 148.4 K | Retirement Systems Of Alabama | 2024-06-30 | 116.8 K | Northern Trust Corp | 2024-09-30 | 97 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 89.9 K | Bank Of New York Mellon Corp | 2024-06-30 | 74.8 K | Shellback Capital, Lp | 2024-09-30 | 70.7 K | American Century Companies Inc | 2024-09-30 | 1.6 M | Royce & Associates, Lp | 2024-09-30 | 1.6 M |
Onewater Marine's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 345.7 M.Market Cap |
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Onewater Marine's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.10) | (0.09) |
Determining Onewater Marine's profitability involves analyzing its financial statements and using various financial metrics to determine if Onewater Marine is a good buy. For example, gross profit margin measures Onewater Marine's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Onewater Marine's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Onewater Marine's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Onewater Marine. Check Onewater Marine's Beneish M Score to see the likelihood of Onewater Marine's management manipulating its earnings.
Evaluate Onewater Marine's management efficiency
Onewater Marine has return on total asset (ROA) of 0.0385 % which means that it generated a profit of $0.0385 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2313) %, meaning that it created substantial loss on money invested by shareholders. Onewater Marine's management efficiency ratios could be used to measure how well Onewater Marine manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -0.03 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Onewater Marine's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 974.8 M in 2024, whereas Other Assets are likely to drop slightly above 10.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.01 | 14.52 | |
| Tangible Book Value Per Share | (8.47) | (8.89) | |
| Enterprise Value Over EBITDA | 35.81 | 28.91 | |
| Price Book Value Ratio | 1.18 | 1.12 | |
| Enterprise Value Multiple | 35.81 | 28.91 | |
| Price Fair Value | 1.18 | 1.12 | |
| Enterprise Value | 344 M | 225.4 M |
Onewater Marine benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 2.581 |
Basic technical analysis of Onewater Stock
As of the 28th of November, Onewater Marine holds the Coefficient Of Variation of (5,844), variance of 13.04, and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onewater Marine, as well as the relationship between them. Please check Onewater Marine coefficient of variation and value at risk to decide if Onewater Marine is priced some-what accurately, providing market reflects its current price of 22.15 per share. Given that Onewater Marine has information ratio of (0.05), we recommend you to check out Onewater Marine's recent market performance to make sure the company can sustain itself at a future point.Onewater Marine's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Onewater Marine insiders, such as employees or executives, is commonly permitted as long as it does not rely on Onewater Marine's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Onewater Marine insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Onewater Marine's Outstanding Corporate Bonds
Onewater Marine issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Onewater Marine uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Onewater bonds can be classified according to their maturity, which is the date when Onewater Marine has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Onewater Marine's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Onewater Marine's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.68 | |||
| Coefficient Of Variation | (5,844) | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.04 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 20.49 | |||
| Value At Risk | (5.79) | |||
| Potential Upside | 6.63 | |||
| Skewness | 0.1875 | |||
| Kurtosis | 0.9584 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.68 | |||
| Coefficient Of Variation | (5,844) | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.04 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 20.49 | |||
| Value At Risk | (5.79) | |||
| Potential Upside | 6.63 | |||
| Skewness | 0.1875 | |||
| Kurtosis | 0.9584 |
Consider Onewater Marine's intraday indicators
Onewater Marine intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Onewater Marine stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Onewater Marine Corporate Filings
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 14th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 7th of October 2024 Other Reports | ViewVerify |
Onewater Stock media impact
Far too much social signal, news, headlines, and media speculation about Onewater Marine that are available to investors today. That information is available publicly through Onewater media outlets and privately through word of mouth or via Onewater internal channels. However, regardless of the origin, that massive amount of Onewater data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Onewater Marine news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Onewater Marine relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Onewater Marine's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Onewater Marine alpha.
Onewater Marine Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Onewater Marine can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Onewater Marine Corporate Executives
Elected by the shareholders, the Onewater Marine's board of directors comprises two types of representatives: Onewater Marine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Onewater. The board's role is to monitor Onewater Marine's management team and ensure that shareholders' interests are well served. Onewater Marine's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Onewater Marine's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jack Ezzell | CFO Secretary | Profile |
Additional Tools for Onewater Stock Analysis
When running Onewater Marine's price analysis, check to measure Onewater Marine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onewater Marine is operating at the current time. Most of Onewater Marine's value examination focuses on studying past and present price action to predict the probability of Onewater Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onewater Marine's price. Additionally, you may evaluate how the addition of Onewater Marine to your portfolios can decrease your overall portfolio volatility.