How to Buy Onewater Marine Stock
Onewater Marine Inc
OneWater Marine Inc. operates as a recreational boat retailer in the United States.
Onewater Marine stock last closed at $21.97, up 4.82% from the previous day, and has decreased 16.3% in one year. It has underperformed other stocks in the Recreational Vehicles industry by 0.02 percentage points. Onewater Marine stock is currently +8.28% from its 52-week low of $20.29, and -43.88% from its 52-week high of $39.15.
As of Apr 26, 2024, there are 16M shares of ONEW outstanding. The market value of ONEW is $351.52M. In the past 24 hours, 87,838 ONEW shares were traded.
How to Buy Onewater Marine Stock
Wondering how to invest in Onewater Marine stock? Here's how.
- Choose where to buy Onewater Marine stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Onewater Marine stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Evaluate Onewater Marine stock: The Onewater Marine ticker symbol is ONEW. Is Onewater Marine stock a good investment? Should you buy shares of ONEW? How do ONEW's underlying business fundamentals look? Do top analysts think Onewater Marine is a good buy? Why has ONEW's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if ONEW is a good stock to buy).
- Place your ONEW purchase: Decide if you will purchase ONEW shares at the current market price or use a limit order to buy ONEW stock at a given price.
- Keep tabs on your investment in ONEW: Create a watchlist to track your new investment in Onewater Marine stock.
Step 1: Choose where to buy Onewater Marine stock
You need a brokerage account to access the NASDAQ market and buy ONEW stock.
Our preferred brokerage: eToro
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Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you can invest in ONEW stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on a good online stock trading app, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your investment account.
Step 4: Evaluate Onewater Marine stock
Once you have identified the best place to buy Onewater Marine stock, it's crucial to evaluate their stock prior to investing, so you truly understand the risk as well as the opportunity.
Overview of key ONEW info
Onewater Marine Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on ONEW's stock page.
Is ONEW stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ONEW's true value.
Using relative valuations methods:
- ONEW could be undervalued based on its P/B ratio of 1x, relative to Recreational Vehicles industry P/B ratio of 2.07x
You can do additional valuation research on ONEW's stock here.
ONEW Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ONEW balance sheet.
- There are more short-term assets than long-term liabilities on the ONEW balance sheet.
- ONEW has $54.15M in cash and short term investments. This is enough to cover its annual cash burn of $120.92M.
Failed Financial Due Diligence Checks:
- ONEW has cash burn of 120924000. It does not have sufficient cash and short-term investments to cover this.
- ONEW has a relatively high debt to equity ratio of 3.71.
- ONEW profit margin has gone down from 6.7% to -2.8% in the past year.
Is Onewater Marine stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Equities analysts who track ONEW, the consensus analyst rating on ONEW is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Onewater Marine stock forecast page.
ONEW Technicals
How are ONEW Revenues/Earnings doing?
Last year, ONEW revenue was $1.93B. In the past 4 year, ONEW's revenue has increased by 23.99% per year. This was faster than the Recreational Vehicles industry average of 8.19%.
Learn more about ONEW's earnings and revenue performance here.
What are ONEW executives and large shareholders up to?
In the past year, executives and large shareholders at ONEW have sold more shares than they have bought.
Jack P. Ezzell, Chief Financial Officer of ONEW, was the latest ONEW insider to sell. They sold $131,200.00 worth of ONEW shares on Mar 2, 2024.
Research more about who owns ONEW shares here.
Can I rely on ONEW as an income stream?
No, Onewater Marine doesn't provide an income stream by paying out dividends.
What do other investors have to say about ONEW?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your ONEW purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in ONEW
Now that you own some ONEW stock, you'll want to stay up-to-date on your investment.
Add ONEW to a watchlist to track the most important metrics related to your ONEW stock.
ONEW Feed
How to Buy Stock in Onewater Marine
To reiterate, here are the 6 steps for buying Onewater Marine stock:
- Choose where to buy Onewater Marine stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Onewater Marine stock
- Place your ONEW purchase
- Keep tabs on your investment in ONEW
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Onewater Marine, add ONEW to your watchlist by clicking the button below.
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