OneSpaWorld (NASDAQ:OSW) Reaches New 12-Month High – Still a Buy?

OneSpaWorld Holdings Limited (NASDAQ:OSW) hit a new 52-week high on Wednesday . The company traded as high as $28.59 and last traded at $28.3850, with a volume of 21116 shares. The stock had previously closed at $28.10.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings upgraded shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Truist Financial raised 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. TD Cowen lifted their target price on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, OneSpaWorld presently has a consensus rating of “Buy” and an average target price of $29.20.

OneSpaWorld Trading Up 1.0%

The stock has a market capitalization of $2.88 billion, a P/E ratio of 37.79 and a beta of 0.92. The stock’s fifty day moving average price is $24.56 and its two-hundred day moving average price is $22.51. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The company had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The firm’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 EPS. Equities research analysts forecast that OneSpaWorld Holdings Limited will post 1.07 EPS for the current year.

OneSpaWorld Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld’s dividend payout ratio (DPR) is 26.67%.

Insider Transactions at OneSpaWorld

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

Hedge Funds Weigh In On OneSpaWorld

Large investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd bought a new stake in OneSpaWorld in the third quarter valued at approximately $29,000. Brown Brothers Harriman & Co. bought a new position in shares of OneSpaWorld in the fourth quarter worth approximately $31,000. Arax Advisory Partners grew its holdings in shares of OneSpaWorld by 428.8% in the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares during the last quarter. First Horizon Corp increased its stake in shares of OneSpaWorld by 120.4% in the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after buying an additional 975 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in OneSpaWorld by 325.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after buying 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.