Stifel Nicolaus analyst Drew Crum maintained a Buy rating on OneWater Marine (ONEW – Research Report) on July 24 and set a price target of $43.00. The company’s shares closed yesterday at $36.72.
Crum covers the Technology sector, focusing on stocks such as Electronic Arts, Take-Two, and Activision Blizzard. According to TipRanks, Crum has an average return of 15.1% and a 63.79% success rate on recommended stocks.
In addition to Stifel Nicolaus, OneWater Marine also received a Buy from KeyBanc’s Noah Zatzkin in a report issued on July 17. However, on July 18, Raymond James downgraded OneWater Marine (NASDAQ: ONEW) to a Hold.
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ONEW market cap is currently $575.1M and has a P/E ratio of 5.00.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ONEW in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
OneWater Marine, Inc. is an emerging growth company, which holds interests in OneWater LLC. It operates as a recreational boat retailer. The company was founded by Austin Singleton on April 3, 2019 and is headquartered in Buford, GA.
Read More on ONEW:
- OneWater Marine Inc. Announces Fiscal Third Quarter 2023 Earnings Release Date and Conference Call Information
- Polaris, Camping World among Raymond James leisure product downgrades
- OneWater Marine downgraded to Market Perform from Outperform at Raymond James
- OneWater Marine price target raised to $42 from $33 at KeyBanc
- OneWater Marine price target raised to $42 from $36 at Truist
