Truist Financial analyst Michael Swartz maintained a Buy rating on OneWater Marine (ONEW – Research Report) yesterday and set a price target of $30.00. The company’s shares closed yesterday at $23.25.
Swartz covers the Consumer Cyclical sector, focusing on stocks such as Cedar Fair, United Parks & Resorts, and Fox Factory Holding. According to TipRanks, Swartz has an average return of 16.2% and a 48.38% success rate on recommended stocks.
Currently, the analyst consensus on OneWater Marine is a Strong Buy with an average price target of $29.00.
ONEW market cap is currently $361.1M and has a P/E ratio of -3.96.
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OneWater Marine (ONEW) Company Description:
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 price target lowered to $30 from $35 at Truist
- OneWater Marine price target lowered to $30 from $34 at KeyBanc
- OneWater Marine sees 2024 adjusted EPS $3.25-$3.75, consensus $3.45
- OneWater Marine reports Q2 adjusted EPS 67c, consensus 68c
- OneWater Marine completes acquisition of Garden State Yacht Sales
