OneWater Marine Inc. : The trend should regain control
Entry price | Target | Stop-loss | Potential |
---|
$43.43 |
$55.09 |
$36.7 |
+26.85% |
---|
The underlying tendency is to the upside for shares in OneWater Marine Inc. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Summary● The company has solid fundamentals for a short-term investment strategy.
Strengths●
● Its low valuation, with P/E ratio at 7.19 and 7.03 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● For several months, analysts have been revising their EPS estimates roughly upwards.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
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● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
Weaknesses●
● The company does not generate enough profits, which is an alarming weak point.
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