Peeling Back The Layers: Exploring OneWater Marine Through Analyst Insights
Portfolio Pulse from Benzinga Insights
OneWater Marine (NASDAQ:ONEW) has received mixed analyst ratings over the past three months, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target for ONEW is $32.0, with a high of $38.00 and a low of $28.00, reflecting a recent increase from $31.50. Analyst Michael Swartz from Truist Securities raised his price target from $30.00 to $38.00, while Brett Andress from Keybanc lowered his from $36.00 to $32.00. OneWater Marine, a recreational marine retailer, has shown a revenue growth of 13.45% as of September 30, 2023, but faces challenges with a net margin of -21.92% and an ROE of -24.42%. The company's debt-to-equity ratio is below the industry average at 3.02.

January 09, 2024 | 9:01 pm
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NEUTRAL IMPACT
OneWater Marine has received mixed analyst ratings, with a recent average price target increase to $32.0. The company has shown strong revenue growth but faces profitability challenges.
The mixed analyst ratings and the recent increase in the average price target suggest a neutral short-term impact on ONEW's stock price. The strong revenue growth is positive, but concerns about profitability and below-average net margin and ROE may temper investor enthusiasm.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100