OneWater MarineONEW
About: OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segments: Dealership and Distribution. The Dealership segment is involved in selling new and pre-owned boats. It also arranges financing and insurance products, provides repairs and maintenance services, offers marine-related parts and accessories, and supplies slip and storage accommodations at certain locations. The Distribution segment focuses on the manufacturing, assembly, and distribution of marine-related products. These products are supplied to distributors, box retailers, and online retailers through a network of warehouses and distribution centers. The company generates the majority of its revenue from the Dealership segment.
Employees: 2,203
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
3.88% less ownership
Funds ownership: 76.83% [Q2] → 72.95% (-3.88%) [Q3]
11% less funds holding
Funds holding: 81 [Q2] → 72 (-9) [Q3]
17% less capital invested
Capital invested by funds: $309M [Q2] → $255M (-$53.8M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
97% less call options, than puts
Call options by funds: $438K | Put options by funds: $13.8M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
DA Davidson Brandon Rolle 33% 1-year accuracy 3 / 9 met price target | 27%upside $23 | Neutral Maintained | 18 Nov 2024 |
Stifel Drew Crum 55% 1-year accuracy 17 / 31 met price target | 71%upside $31 | Buy Maintained | 15 Nov 2024 |
Keybanc Brett Andress 38% 1-year accuracy 3 / 8 met price target | 49%upside $27 | Overweight Maintained | 15 Nov 2024 |
Financial journalist opinion
