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Stock impact report

3 Unpopular Stocks We Steer Clear Of [Yahoo! Finance]

OneWater Marine Inc. - Class A (ONEW) 
Company Research Source: Yahoo! Finance
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory. Whatever the consensus opinion may be, our team at StockStory cuts through the noise by conducting independent analysis to determine a company's long-term prospects. That said, here are three stocks where the outlook is warranted and some alternatives with better fundamentals. OneWater (ONEW) Consensus Price Target: $17 (4.8% implied return) A public company since early 2020, OneWater Marine (NASDAQ:ONEW) sells boats, yachts, and other marine products. Why Does ONEW Worry Us? Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Widely-available products (and therefore stiff competition) result in an inferior gross margin of 24.2% that must be offset through higher volumes High net-debt-to-EBITDA ratio of 8× increases the Show less Read more
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