OneSpaWorld Holdings Limited (NASDAQ:OSW) Given Average Rating of “Buy” by Analysts

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $28.20.

Several brokerages have recently commented on OSW. Weiss Ratings raised OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Truist Financial increased their price objective on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday. TD Cowen increased 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 downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Jefferies Financial Group began coverage on OneSpaWorld in a research note on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price objective for the company.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $23.99 on Tuesday. The company has a market cap of $2.43 billion, a PE ratio of 31.99 and a beta of 0.95. OneSpaWorld has a 52 week low of $18.19 and a 52 week high of $25.75. The business has a 50 day moving average price of $23.44 and a 200-day moving average price of $21.85. The company has a quick ratio of 1.40, a current ratio of 2.52 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $247.63 million during the quarter, compared to the consensus estimate of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The company’s quarterly 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 anticipate that OneSpaWorld will post 1.07 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

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

Institutional Trading of OneSpaWorld

Institutional investors and hedge funds have recently modified their holdings of the business. Aster Capital Management DIFC Ltd purchased a new stake in shares of OneSpaWorld during the third quarter valued at approximately $29,000. Brown Brothers Harriman & Co. purchased a new stake in shares of OneSpaWorld during the fourth quarter valued at approximately $31,000. Arax Advisory Partners increased its position in shares of OneSpaWorld by 428.8% during the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after acquiring an additional 1,295 shares during the last quarter. First Horizon Corp increased its position in shares of OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after acquiring an additional 975 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after acquiring an additional 1,478 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

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.