ONEW

OneWater MarineC

Nasdaq / Consumer Discretionary Distribution & Retail

At close

2026-06-02

Current thesis

The bullish read is that Q2 showed real self-help: gross margin expanded to 23.9%, inventory fell to $551.4M from $602.4M, debt was reduced by about $56.6M during the quarter, and FY2026 guidance was maintained despite a soft selling environment. [#8-K-2026-04-30]

Posture

Mixed

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.1.

What can break

GAAP results included a $5.8M non-cash trade-name impairment charge tied to retail-location brand realignment.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $11.50 · Bull $14.50 · Bear $7.50

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-03 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $16.25

Why

Momentum57 · Δ7d -13.9

Value63 · Δ7d +0.1

Sentiment47 · Δ7d +0.4

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-13.9

Δ21d

-0.3

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.1

Δ21d

+0.5

Sentiment

33% active weight

Current posture

7d trendFlat

Δ7d

+0.4

Δ21d

+12.2

Why this grade

Composite grade C. Momentum 57.1 / Value 62.5 / Sentiment 46.7

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$184.12M

Beta

1.67

Shares Out

16.53M

P/E (TTM) · Derived

25.3

P/S (TTM)

0.10

P/FCF (TTM)

2.31

Rev YoY

+21.8%

EPS YoY

-990.9%

Gross Margin

+22.9%

Op Margin

-4.6%

Net Debt

$779.61M

Current Ratio

1.14

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology