Smart Money Ratings For 20 Most Undervalued Stocks

17. OneWater Marine Inc. (NASDAQ:ONEW)

Insider Transaction: 1.93%

Upside Potential: 32.53%

Forward P/E: 7.18

OneWater Marine Inc. (NASDAQ:ONEW) is a premier retailer and service provider of recreational boats and marine products in the U.S. The Georgia-based company offers new and pre-owned boats, parts, servicing, and financing through a multi-store platform. Through acquisitions and regional market dominance, OneWater Marine Inc. (NASDAQ:ONEW) competes with other market players, including MarineMax and local dealerships. The company relies on lifestyle-driven demand for its growth and remains exposed to consumer discretionary spending and seasonal trends.

OneWater Marine Inc. (NASDAQ:ONEW) trades at just 6.55% above its 52-week low, signaling continued pressure on the stock. For instance, in the Q2 2025 report, the company noted a 2% decline in its same-store sales. However, it has outperformed the industry, which experienced a decline of 10%, translating positively in the market. The company also reported a 14% increase in sales of pre-owned boats owing to a strong demand in the segment. Additionally, almost surpassing its full-year goal of 10% reduction in inventory, the company moves on to the next target range of 10% to 15%, which is anticipated to optimize the brand lineups.

In the last six months, insider transactions have increased slightly by 1.93%, showing low internal conviction. A forward P/E of 7.18 reflects a relatively low valuation of the company’s future earnings from the market. Insider Monkey database noted six hedge funds invested in OneWater Marine Inc. (NASDAQ:ONEW), indicating scattered institutional traction. The 32.53% upside potential signals a cautious opportunity for speculative value seekers.