OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock Has Consensus Price Target of $31.25 According to Analysts

OneSpaWorld Holdings Limited (NASDAQ:OSW) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $31.25.

Several equities research analysts have weighed in on OSW shares. Weiss Ratings restated a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st. Stifel Nicolaus boosted their target price on shares of OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Truist Financial boosted their target price on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th.

OneSpaWorld Price Performance

Shares of OSW stock opened at $24.29 on Friday. The stock’s fifty day moving average is $23.66 and its 200-day moving average is $24.81. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 2.91. The stock has a market capitalization of $2.47 billion, a PE ratio of 30.75 and a beta of 0.90. OneSpaWorld has a 52 week low of $19.06 and a 52 week high of $29.25.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $261.25 million during the quarter, compared to analyst estimates of $260.93 million. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the company posted $0.19 earnings per share. Equities research analysts expect that OneSpaWorld will post 1.05 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th were issued a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is currently 25.32%.

Insider Buying and Selling at OneSpaWorld

In related news, Director Andrew Heyer sold 4,781 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $26.07, for a total value of $124,640.67. Following the completion of the transaction, the director owned 302,145 shares in the company, valued at $7,876,920.15. The trade was a 1.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 60,000 shares of company stock valued at $1,583,927 over the last three months. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC bought a new stake in shares of OneSpaWorld during the second quarter worth $1,554,000. Principal Financial Group Inc. lifted its stake in shares of OneSpaWorld by 814.1% during the first quarter. Principal Financial Group Inc. now owns 539,387 shares of the company’s stock valued at $12,379,000 after acquiring an additional 480,378 shares during the period. Moran Wealth Management LLC boosted its holdings in OneSpaWorld by 318.4% in the first quarter. Moran Wealth Management LLC now owns 180,220 shares of the company’s stock valued at $4,136,000 after acquiring an additional 137,148 shares during the last quarter. Bessemer Group Inc. boosted its holdings in OneSpaWorld by 30.3% in the first quarter. Bessemer Group Inc. now owns 1,468,100 shares of the company’s stock valued at $33,692,000 after acquiring an additional 341,632 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new position in OneSpaWorld in the first quarter valued at about $1,037,000. 95.98% of the stock is currently owned by institutional investors.

About OneSpaWorld

OneSpaWorld Holdings Limited (NASDAQ: OSW) provides health, wellness and beauty services primarily aboard cruise ships and at destination resorts. The company operates and manages spas, salons, fitness centers and wellness facilities for cruise lines and resort operators, serving travelers in international markets.

Its services include massages and other spa treatments, facials, skincare, hair and beauty services, fitness and wellness programs, medi-spa treatments, acupuncture and related health services.