Analysts Set OneSpaWorld Holdings Limited (NASDAQ:OSW) Target Price at $24.60

OneSpaWorld Holdings Limited (NASDAQ:OSW) has been assigned a consensus rating of “Buy” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $24.60.

A number of brokerages recently commented on OSW. Northcoast Research set a $28.00 price target on shares of OneSpaWorld and gave the company a “buy” rating in a research note on Tuesday, October 7th. Cowen restated a “buy” rating on shares of OneSpaWorld in a research report on Friday, October 31st. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. TD Cowen increased their price objective on OneSpaWorld from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday.

OneSpaWorld Stock Down 0.3%

Shares of NASDAQ OSW opened at $21.37 on Friday. The business’s fifty day moving average price is $21.00 and its 200-day moving average price is $21.23. OneSpaWorld has a one year low of $14.21 and a one year high of $23.49. The stock has a market capitalization of $2.18 billion, a PE ratio of 30.10 and a beta of 1.06. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.84 and a quick ratio of 1.09.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. The business had revenue of $258.52 million for the quarter, compared to analysts’ expectations of $258.41 million. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.26 EPS. On average, equities research analysts anticipate that OneSpaWorld will post 0.9 EPS for the current year.

OneSpaWorld Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from OneSpaWorld’s previous quarterly dividend of $0.04. The ex-dividend date was Wednesday, November 19th. OneSpaWorld’s dividend payout ratio (DPR) is 28.17%.

Insider Buying and Selling

In related news, CEO Stephen Lazarus sold 8,569 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total transaction of $180,977.28. Following the sale, the chief executive officer owned 351,250 shares of the company’s stock, valued at approximately $7,418,400. This represents a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $20.19, for a total transaction of $403,800.00. Following the completion of the transaction, the director directly owned 509,817 shares of the company’s stock, valued at approximately $10,293,205.23. The trade was a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 33,569 shares of company stock valued at $685,827. Company insiders own 3.90% of the company’s stock.

Institutional Trading of OneSpaWorld

Several institutional investors and hedge funds have recently modified their holdings of the business. Aster Capital Management DIFC Ltd bought a new position in shares of OneSpaWorld in the third quarter worth approximately $29,000. Aquatic Capital Management LLC purchased a new position in OneSpaWorld in the 3rd quarter worth approximately $50,000. Virtus Advisers LLC bought a new position in shares of OneSpaWorld in the 1st quarter worth $67,000. CIBC Private Wealth Group LLC purchased a new stake in shares of OneSpaWorld during the 3rd quarter valued at $87,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of OneSpaWorld by 27.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company’s stock worth $109,000 after acquiring an additional 1,443 shares during the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

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.