Financial Comparison: Shoe Carnival (NASDAQ:SHOE) versus OneWater Marine (NASDAQ:ONEW)

OneWater Marine (NASDAQ:ONEW) and Shoe Carnival (NASDAQ:SHOE) are both small-cap consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, risk, analyst recommendations and institutional ownership.

Insider & Institutional Ownership

94.3% of OneWater Marine shares are held by institutional investors. Comparatively, 66.0% of Shoe Carnival shares are held by institutional investors. 19.5% of OneWater Marine shares are held by company insiders. Comparatively, 33.6% of Shoe Carnival shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
OneWater Marine	-6.72%	2.20%	0.44%
Shoe Carnival	2.20%	5.32%	3.08%

Earnings and Valuation

This table compares OneWater Marine and Shoe Carnival”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
OneWater Marine	$1.87 billion	0.08	-$114.58 million	($7.46)	-1.26
Shoe Carnival	$1.14 billion	0.34	$52.27 million	$0.88	16.06

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

Volatility and Risk

OneWater Marine has a beta of 1.6, indicating that its stock price is 60% more volatile than the S&P 500. Comparatively, Shoe Carnival has a beta of 1.37, indicating that its stock price is 37% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for OneWater Marine and Shoe Carnival, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
OneWater Marine	1	2	2	0	2.20
Shoe Carnival	2	0	0	1	2.00

OneWater Marine currently has a consensus price target of $13.00, indicating a potential upside of 38.74%. Shoe Carnival has a consensus price target of $22.00, indicating a potential upside of 55.70%. Given Shoe Carnival’s higher possible upside, analysts plainly believe Shoe Carnival is more favorable than OneWater Marine.

Summary

Shoe Carnival beats OneWater Marine on 10 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 Shoe Carnival

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app. Shoe Carnival, Inc. was founded in 1978 and is headquartered in Evansville, Indiana.