OneSpaWorld Holdings Limited (NASDAQ:OSW) Receives Average Recommendation of “Buy” from Analysts

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have received an average rating of “Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $29.20.

A number of research analysts have recently issued reports on the stock. Truist Financial lifted their target price on shares of OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. TD Cowen boosted their price objective on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, Jefferies Financial Group raised their target price on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, June 18th.

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the completion of the sale, the director directly owned 489,817 shares of the company’s stock, valued at $12,754,834.68. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the completion of the transaction, the director owned 137,382 shares in the company, valued at $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.60% of the stock is owned by insiders.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors have recently modified their holdings of the business. AQR Capital Management LLC raised its holdings in shares of OneSpaWorld by 41.4% during the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after acquiring an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in OneSpaWorld by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after purchasing an additional 2,612 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in OneSpaWorld by 50.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after purchasing an additional 71,420 shares during the period. Intech Investment Management LLC increased its holdings in OneSpaWorld by 80.7% during the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after purchasing an additional 41,391 shares in the last quarter. Finally, Prudential Financial Inc. bought a new position in OneSpaWorld during the 2nd quarter worth about $213,000. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Stock Up 1.6%

NASDAQ OSW opened at $26.51 on Wednesday. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. The stock’s 50 day moving average is $25.52 and its two-hundred day moving average is $23.22. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 35.35 and a beta of 0.90. OneSpaWorld has a 1-year low of $19.06 and a 1-year high of $29.25.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $247.63 million for the quarter, compared to analysts’ expectations of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The business’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.15 earnings per share. Equities analysts forecast that OneSpaWorld will post 1.07 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

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

About OneSpaWorld

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.