Strength Seen in OneWater Marine (ONEW): Can Its 10.1% Jump Turn into More Strength?

Zacks11-07

OneWater Marine (ONEW) shares rallied 10.1% in the last trading session to close at $25.81. This move can be attributable to notable volume with a higher number of shares being traded than in a ...

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This move can be attributable to notable volume with a higher number of shares being traded than in a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/strength-seen-onewater-marine-onew-102400627.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VSCO","symbol_name":"维多利亚的秘密","start_time":0,"source_url":"https://finance.yahoo.com/news/strength-seen-onewater-marine-onew-102400627.html","article_id":"2481906920","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/e1VJkj5Mo_oMAxXDx8ZX8w--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/be3f82868ab2290c1eb45660ac8942b5"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481906920","pubTimestamp":1730975040,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"OneWater Marine  shares rallied 10.1% in the last trading session to close at $25.81. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11% gain over the past four weeks.OneWater’s stock rally is driven by optimism regarding the company’s proactive cost-cutting measures and strategic inventory reductions. This, along with a promising M&A pipeline, adds confidence to the company’s strategy for fiscal 2025 and may contribute to sustained stock momentum.This company is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -81%. Revenues are expected to be $417.8 million, down 7.4% from the year-ago quarter.OneWater Marine is part of the Zacks Leisure and Recreation Products industry. Victoria's Secret , another stock in the same industry, closed the last trading session 2.4% higher at $33.12. VSCO has returned 32% in the pas","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"VSCO":"维多利亚的秘密","ONEW":"OneWater Marine Inc.","BK4094":"服装零售","BK4585":"ETF&股票定投概念","BK4214":"汽车零售","BK4588":"碎股"},"translate_title":"OneWater Marine(ONEW)的实力：10.1%的涨幅能否转化为更大的实力？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ONEW":1,"VSCO":1},"content_text":"OneWater Marine (ONEW) shares rallied 10.1% in the last trading session to close at $25.81. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11% gain over the past four weeks.\nOneWater’s stock rally is driven by optimism regarding the company’s proactive cost-cutting measures and strategic inventory reductions. This, along with a promising M&A pipeline, adds confidence to the company’s strategy for fiscal 2025 and may contribute to sustained stock momentum.\nThis company is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -81%. Revenues are expected to be $417.8 million, down 7.4% from the year-ago quarter.\nWhile earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.\nFor OneWater Marine, the consensus EPS estimate for the quarter has been revised 12% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on ONEW going forward to see if this recent jump can turn into more strength down the road.\nThe stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>\nOneWater Marine is part of the Zacks Leisure and Recreation Products industry. Victoria's Secret (VSCO), another stock in the same industry, closed the last trading session 2.4% higher at $33.12. VSCO has returned 32% in the past month.\nVictoria's Secret's consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.68. Compared to the company's year-ago EPS, this represents a change of +20.9%. Victoria's Secret currently boasts a Zacks Rank of #3 (Hold).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nOneWater Marine Inc. (ONEW) : Free Stock Analysis Report\nVictoria's Secret & Co. (VSCO) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481906920"}