OneSpaWorld (NASDAQ:OSW) Issues Quarterly Earnings Results

OneSpaWorld (NASDAQ:OSW) posted its quarterly earnings results on Wednesday. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02, FiscalAI reports. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.11%. The business had revenue of $247.63 million during the quarter, compared to the consensus estimate of $246.58 million. During the same quarter in the previous year, the firm posted $0.15 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year.

Here are the key takeaways from OneSpaWorld’s conference call:

• Record quarter: OneSpaWorld reported its 20th consecutive quarter of record total revenues and Adjusted EBITDA, with Q1 revenue up 13% to $247.6M, Adjusted EBITDA up 21% to $32.2M, and net income up 40% to $21.3M.
• Raised visibility for 2026: Full-year guidance was set to $1.014B–$1.034B in revenue and $129M–$139M in Adjusted EBITDA (?9% growth at the midpoint), while Q2 guidance implies ~10% growth at the midpoint.
• Higher-value services driving mix: Management is scaling Medi?Spa and premium offerings (Medi?Spa on 155 ships, targeting 157 by year?end) — new tech like TruFlex, Thermage, CoolSculpting and Niagen NAD IVs produced strong double?digit growth in treatments.
• Investments in AI are underway (revenue ML engine on ~190 vessels and an AI maritime assistant resolving 94% of tickets on ~191 vessels) to improve pricing, pre?booking and efficiency, but true dynamic pricing and customer?facing bots are still early-stage.
• Management warned of near?term risk from geopolitical uncertainty and noted cruise-line price cuts for Europe in Q2 that could pressure bookings and cancellations, but said such risks were factored into guidance.

OneSpaWorld Stock Up 3.9%

OneSpaWorld stock traded up $0.96 during midday trading on Friday, reaching $25.62. The company’s stock had a trading volume of 518,241 shares, compared to its average volume of 1,122,450. The company has a market cap of $2.60 billion, a P/E ratio of 34.23 and a beta of 0.95. The company has a quick ratio of 1.10, a current ratio of 1.91 and a debt-to-equity ratio of 0.15. The business has a 50-day simple moving average of $22.68 and a 200-day simple moving average of $21.57. OneSpaWorld has a fifty-two week low of $17.85 and a fifty-two week high of $25.73.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, May 20th. OneSpaWorld’s dividend payout ratio is 28.99%.

Institutional Investors Weigh In On OneSpaWorld

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its stake in OneSpaWorld by 108.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,003,892 shares of the company’s stock worth $20,821,000 after purchasing an additional 521,497 shares during the last quarter. Voloridge Investment Management LLC increased its stake in OneSpaWorld by 2,749.2% in the fourth quarter. Voloridge Investment Management LLC now owns 271,298 shares of the company’s stock valued at $5,627,000 after purchasing an additional 261,776 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in OneSpaWorld by 85.3% in the third quarter. Qube Research & Technologies Ltd now owns 478,047 shares of the company’s stock valued at $10,106,000 after purchasing an additional 220,008 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in OneSpaWorld in the fourth quarter valued at approximately $4,175,000. Finally, ExodusPoint Capital Management LP raised its holdings in OneSpaWorld by 876.8% during the fourth quarter. ExodusPoint Capital Management LP now owns 213,542 shares of the company’s stock worth $4,429,000 after purchasing an additional 191,680 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on OSW shares. TD Cowen lifted their target price on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Truist Financial lifted their price objective on OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Jefferies Financial Group assumed coverage on OneSpaWorld in a research report on Tuesday, March 24th. They set a “buy” rating and a $30.00 price objective for the company. Finally, Stifel Nicolaus cut their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, OneSpaWorld currently has an average rating of “Buy” and a consensus price target of $27.60.

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.