Analyzing Acushnet (NYSE:GOLF) & OneWater Marine (NASDAQ:ONEW)

OneWater Marine (NASDAQ:ONEW) and Acushnet (NYSE:GOLF) are both consumer discretionary companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation.

Analyst Recommendations

This is a summary of recent ratings and target prices for OneWater Marine and Acushnet, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
OneWater Marine	1	3	2	0	2.17
Acushnet	0	6	1	1	2.38

OneWater Marine presently has a consensus target price of $17.00, suggesting a potential upside of 22.21%. Acushnet has a consensus target price of $87.83, suggesting a potential downside of 14.85%. Given OneWater Marine’s higher probable upside, analysts plainly believe OneWater Marine is more favorable than Acushnet.

Volatility and Risk

OneWater Marine has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500. Comparatively, Acushnet has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500.

Earnings and Valuation

This table compares OneWater Marine and Acushnet”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
OneWater Marine	$1.87 billion	0.12	-$114.58 million	($6.74)	-2.06
Acushnet	$2.46 billion	2.46	$214.30 million	$3.66	28.18

Acushnet has higher revenue and earnings than OneWater Marine. OneWater Marine is trading at a lower price-to-earnings ratio than Acushnet, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

94.3% of OneWater Marine shares are owned by institutional investors. Comparatively, 53.1% of Acushnet shares are owned by institutional investors. 19.5% of OneWater Marine shares are owned by company insiders. Comparatively, 53.6% of Acushnet shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares OneWater Marine and Acushnet’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
OneWater Marine	-5.88%	4.09%	0.94%
Acushnet	8.80%	27.50%	9.53%

Summary

Acushnet beats OneWater Marine on 11 of the 15 factors compared between the two stocks.

About OneWater Marine

OneWater Marine Inc. operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services. Further, it provides rental of boats and personal watercraft services. OneWater Marine Inc. was founded in 2014 and is headquartered in Buford, Georgia.

About Acushnet

Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear. It offers golf balls under the Titleist brand; golf clubs, such as drivers, fairways, hybrids, and irons under the Titleist brand; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand. The company also provides golf bags, headwear, golf gloves, travel products, and other golf accessories. In addition, it offers golf shoes, gloves, golf outerwear, and men’s and women’s golf apparel under the FootJoy brand; and ski, golf, and lifestyle apparel under the KJUS brand name. It sells its products through on-course golf shops and golf specialty retailers, as well as through representatives, other retailers, and online. The company was formerly known as Alexandria Holdings Corp. and changed its name to Acushnet Holdings Corp. in March 2016. Acushnet Holdings Corp. was founded in 1910 and is headquartered in Fairhaven, Massachusetts.