Latest news with #OneWater
Yahoo
27-05-2025
- Business
- Yahoo
Penguin Solutions, Skillz, Zumiez, OneWater, and Utz Shares Are Soaring, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Processors and Graphics Chips company Penguin Solutions (NASDAQ:PENG) jumped 5.1%. Is now the time to buy Penguin Solutions? Access our full analysis report here, it's free. Video Gaming company Skillz (NYSE:SKLZ) jumped 5.1%. Is now the time to buy Skillz? Access our full analysis report here, it's free. Apparel Retailer company Zumiez (NASDAQ:ZUMZ) jumped 5.8%. Is now the time to buy Zumiez? Access our full analysis report here, it's free. Boat & Marine Retailer company OneWater (NASDAQ:ONEW) jumped 7.2%. Is now the time to buy OneWater? Access our full analysis report here, it's free. Shelf-Stable Food company Utz (NYSE:UTZ) jumped 5%. Is now the time to buy Utz? Access our full analysis report here, it's free. OneWater's shares are extremely volatile and have had 50 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 10 months ago when the stock dropped 20.8% on the news that the company reported weak second-quarter 2024 results. Its revenue and EPS missed analysts' expectations, and its full-year earnings forecast fell short of Wall Street's estimates. Notably, revenue declined by 8.7%, mostly due to weaknesses in the New boat segment (sales down 10.4%). Overall, this quarter could have been better. OneWater is down 13.7% since the beginning of the year, and at $14.82 per share, it is trading 52.5% below its 52-week high of $31.18 from June 2024. Investors who bought $1,000 worth of OneWater's shares 5 years ago would now be looking at an investment worth $950.00. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Business
- Yahoo
OneWater (NASDAQ:ONEW) Misses Q1 Revenue Estimates, Stock Drops 18%
Boat and marine products retailer OneWater Marine (NASDAQ:ONEW) fell short of the market's revenue expectations in Q1 CY2025, with sales flat year on year at $483.5 million. The company's full-year revenue guidance of $1.75 billion at the midpoint came in 3.8% below analysts' estimates. Its non-GAAP profit of $0.13 per share was 61.2% below analysts' consensus estimates. Is now the time to buy OneWater? Find out in our full research report. Revenue: $483.5 million vs analyst estimates of $497.5 million (flat year on year, 2.8% miss) Adjusted EPS: $0.13 vs analyst expectations of $0.34 (61.2% miss) Adjusted EBITDA: $17.86 million vs analyst estimates of $23.3 million (3.7% margin, 23.4% miss) The company dropped its revenue guidance for the full year to $1.75 billion at the midpoint from $1.78 billion, a 1.4% decrease Management lowered its full-year Adjusted EPS guidance to $1 at the midpoint, a 33.3% decrease EBITDA guidance for the full year is $80 million at the midpoint, below analyst estimates of $88.97 million Operating Margin: 3.4%, in line with the same quarter last year Same-Store Sales fell 2% year on year (-5% in the same quarter last year) Market Capitalization: $240.6 million 'Our teams executed well in a challenging environment. Same store sales decreased 2%, driven primarily by lower sales in the West Coast of Florida which is still recovering from Hurricanes Helene and Milton,' commented Austin Singleton, Chief Executive Officer at OneWater. A public company since early 2020, OneWater Marine (NASDAQ:ONEW) sells boats, yachts, and other marine products. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can have short-term success, but a top-tier one grows for years. With $1.78 billion in revenue over the past 12 months, OneWater is a small retailer, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and negotiating leverage with suppliers. On the bright side, it can grow faster because it has more white space to build new stores. As you can see below, OneWater's sales grew at an excellent 17.8% compounded annual growth rate over the last six years (we compare to 2019 to normalize for COVID-19 impacts) despite not opening many new stores. This quarter, OneWater missed Wall Street's estimates and reported a rather uninspiring 1% year-on-year revenue decline, generating $483.5 million of revenue. Looking ahead, sell-side analysts expect revenue to grow 4% over the next 12 months, a deceleration versus the last six years. Still, this projection is above average for the sector and indicates the market is forecasting some success for its newer products. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. A retailer's store count influences how much it can sell and how quickly revenue can grow. OneWater has kept its store count flat over the last two years while other consumer retail businesses have opted for growth. When a retailer keeps its store footprint steady, it usually means demand is stable and it's focusing on operational efficiency to increase profitability. Note that OneWater reports its store count intermittently, so some data points are missing in the chart below. A company's store base only paints one part of the picture. When demand is high, it makes sense to open more. But when demand is low, it's prudent to close some locations and use the money in other ways. Same-store sales provides a deeper understanding of this issue because it measures organic growth at brick-and-mortar shops for at least a year. OneWater's demand has been shrinking over the last two years as its same-store sales have averaged 1.4% annual declines. This performance isn't ideal, and we'd be concerned if OneWater starts opening new stores to artificially boost revenue growth. In the latest quarter, OneWater's same-store sales fell by 2% year on year. This performance was more or less in line with its historical levels. We struggled to find many positives in these results. Quarterly results missed across the board, and the company lowered full-year guidance. The stock traded down 18% to $12.30 immediately following the results. OneWater may have had a tough quarter, but does that actually create an opportunity to invest right now? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
Yahoo
09-04-2025
- Business
- Yahoo
3 Reasons ONEW is Risky and 1 Stock to Buy Instead
The past six months haven't been great for OneWater. It just made a new 52-week low of $11.41, and shareholders have lost 46.8% of their capital. This might have investors contemplating their next move. Is there a buying opportunity in OneWater, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it's free. Even though the stock has become cheaper, we're sitting this one out for now. Here are three reasons why you should be careful with ONEW and a stock we'd rather own. A public company since early 2020, OneWater Marine (NASDAQ:ONEW) sells boats, yachts, and other marine products. Same-store sales show the change in sales for a retailer's e-commerce platform and brick-and-mortar shops that have existed for at least a year. This is a key performance indicator because it measures organic growth. OneWater's demand within its existing locations has barely increased over the last two years as its same-store sales were flat. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. OneWater's full-year EPS dropped 242%, or 35.9% annually, over the last four years. In a mature sector such as consumer retail, we tend to steer our readers away from companies with falling EPS because it could imply changing secular trends and preferences. If the tide turns unexpectedly, OneWater's low margin of safety could leave its stock price susceptible to large downswings. Debt is a tool that can boost company returns but presents risks if used irresponsibly. As long-term investors, we aim to avoid companies taking excessive advantage of this instrument because it could lead to insolvency. OneWater's $567.3 million of debt exceeds the $22.71 million of cash on its balance sheet. Furthermore, its 7× net-debt-to-EBITDA ratio (based on its EBITDA of $77.26 million over the last 12 months) shows the company is overleveraged. At this level of debt, incremental borrowing becomes increasingly expensive and credit agencies could downgrade the company's rating if profitability falls. OneWater could also be backed into a corner if the market turns unexpectedly – a situation we seek to avoid as investors in high-quality companies. We hope OneWater can improve its balance sheet and remain cautious until it increases its profitability or pays down its debt. OneWater isn't a terrible business, but it doesn't pass our quality test. After the recent drawdown, the stock trades at 7.2× forward price-to-earnings (or $11.41 per share). While this valuation is optically cheap, the potential downside is big given its shaky fundamentals. We're pretty confident there are more exciting stocks to buy at the moment. We'd recommend looking at the most dominant software business in the world. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Associated Press
02-04-2025
- Business
- Associated Press
Boats Group Extends Partnership with OneWater Marine and Denison Yachting, Reinforcing Commitment to Digital Excellence
MIAMI, April 2, 2025 /PRNewswire/ -- Boats Group, the leading online marketplace for buying and selling boats, announced that OneWater Marine, a premier marine retailer, has renewed its multi-year partnership with Boats Group. This renewal reflects OneWater's confidence in Boats Group's ability to drive enhanced customer engagement and ultimately boost boat sales. Bob Denison, President of Denison Yachting, a OneWater Marine company, along with Robert Long, Vice President of Marketing, have led this collaboration. With their deep-rooted expertise in digital marketing and the brokerage industry, Denison and Long have been pivotal in aligning OneWater's utilization of Boats Group's platforms. Their understanding of the evolving digital landscape and its role in the boat-buying experience reinforces why Boats Group remains a key partner. 'Denison Yachting is committed to delivering the best possible experience for boat buyers and sellers, and Boats Group continues to be the gold standard in online marketplaces,' said Bob Denison. 'This partnership ensures that our listings receive maximum visibility, connects us with active customers, and ultimately drives sales.' Over the past two years, Boats Group has introduced significant innovations to improve the online shopping experience, making it easier for consumers to browse listings, compare options, and make confident purchasing decisions. OneWater Marine values these enhancements and will continue to benefit from Boats Group's audience reach, lead generation capabilities, and data-driven marketing strategies. 'This partnership underscores our shared vision of innovation and growth in the boating industry,' said Andreas Madsen, CRO of Boats Group. 'Bob Denison and the OneWater team understand the critical role we play in today's market, and we are proud to be their trusted partner in delivering the tools and technology that accelerate their success.' The renewed agreement between OneWater Marine and Boats Group solidifies their commitment to providing the best experience for boat buyers and sellers. As the industry evolves, this partnership will continue to drive visibility, engagement, and sales—ensuring OneWater Marine remains at the forefront of marine retail. About Boats Group Boats Group operates the world's leading online marketplaces for buying and selling boats, including Boat Trader, YachtWorld, and With a global audience of millions of boat buyers, we provide data-driven marketing solutions, AI-driven tools, financing services, and industry insights to help OEMs, dealers, and brokers maximize their sales potential. About OneWater Marine, Inc. OneWater Marine Inc. is one of the largest and fastest-growing premium marine retailers in the United States. OneWater operates a total of 98 retail locations, 9 distribution centers/warehouses and multiple online marketplaces in 19 different states, several of which are in the top twenty states for marine retail expenditures. OneWater offers a broad range of products and services and has diversified revenue streams, which include the sale of new and pre-owned boats, finance and insurance products, parts and accessories, maintenance, repair, and other services.
Yahoo
31-03-2025
- Business
- Yahoo
LeakZon Secures $5 Million in Series A Funding to Accelerate U.S. Expansion and Product Development
TEL AVIV, Israel, March 31, 2025 /PRNewswire/ -- LeakZon LTD, a leading provider of innovative solutions for water loss management, announced today the successful completion of its Series A funding round, securing $5 million. This investment was led by PEAL HOLDINGS A.A LTD, LeakZon's existing investor, and other investors. PEAL HOLDINGS A.A. LTD firmly reaffirms its strong confidence in LeakZon's strategic vision and promising growth trajectory, highlighting a shared commitment to excellence and innovation. The newly raised funds will bolster LeakZon's ambitious plans for penetrating the U.S. market, where the company has already established LeakZon Inc., a dedicated American entity headquartered in the U.S. since January. LeakZon has quickly built a strong local presence, assembling an experienced sales and operations team ready to support and expand its market footprint. Dan Winter, CEO of LeakZon LTD and President of LeakZon Inc., emphasized the alignment of LeakZon's approach with the 'One Water' movement and government efficiency initiatives: "We are witnessing a growing demand for LeakZon's solutions as utilities recognize the inefficiencies and extended timelines associated with traditional water loss management methods. Our cloud-based architecture simplifies deployment and accelerates results, enabling utilities to manage all water sources in an integrated and sustainable manner, consistent with the 'One Water' approach. Moreover, our cost-effective solutions align with the US government's efforts to reduce government expenditures, a cost-saving initiative notably championed by Elon Musk and the Department of Government Efficiency (DOGE)." The funding will also drive the development of new advanced features, ensuring LeakZon remains at the forefront of water management technology, offering utilities innovative tools to manage and reduce water loss effectively. LeakZon's groundbreaking technology has already demonstrated substantial impact, with significant reductions in Non-Revenue Water (NRW) for its customers globally, positioning the company as an essential partner for utilities aiming to optimize their water networks sustainably and economically. For media inquiries, please contact: Tomer Eisner, CMOLeakZon LTDPhone (US): +1 646 79 72 79 7Email: tomere@ Logo - View original content: SOURCE LeakZon LTD
