OneSpaWorld (NASDAQ:OSW) Sets New 1-Year High – Here’s Why

OneSpaWorld Holdings Limited (NASDAQ:OSW)’s stock price reached a new 52-week high on Friday . The stock traded as high as $25.84 and last traded at $25.81, with a volume of 242160 shares changing hands. The stock had previously closed at $24.81.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Truist Financial raised their price target on OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. TD Cowen raised their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Jefferies Financial Group assumed coverage on OneSpaWorld in a report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price target on the stock. Finally, Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, OneSpaWorld currently has a consensus rating of “Buy” and a consensus target price of $28.20.

OneSpaWorld Price Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The stock has a market capitalization of $2.61 billion, a P/E ratio of 34.35 and a beta of 0.92. The firm has a 50-day moving average price of $24.06 and a 200 day moving average price of $22.14.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The firm had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The company’s revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 EPS. On average, analysts expect that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were given a dividend of $0.05 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio is 26.67%.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System grew its position in OneSpaWorld by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock worth $1,869,000 after acquiring an additional 849 shares during the last quarter. Diversified Trust Co grew its position in OneSpaWorld by 4.2% during the 1st quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock worth $483,000 after acquiring an additional 850 shares during the last quarter. Blair William & Co. IL grew its position in OneSpaWorld by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 152,277 shares of the company’s stock worth $3,219,000 after acquiring an additional 924 shares during the last quarter. First Horizon Corp grew its position in OneSpaWorld by 120.4% during the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after acquiring an additional 975 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in OneSpaWorld by 111.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock worth $49,000 after acquiring an additional 1,244 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Company Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.