OneSpaWorld (NASDAQ:OSW) Director Sells $259,035.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.67, for a total value of $259,035.00. Following the completion of the transaction, the director owned 137,382 shares in the company, valued at approximately $3,389,213.94. This represents a 7.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

OneSpaWorld Price Performance

OneSpaWorld stock opened at $25.79 on Monday. The business’s 50-day simple moving average is $24.11 and its 200 day simple moving average is $22.18. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 34.39 and a beta of 0.92. OneSpaWorld Holdings Limited has a 12-month low of $18.43 and a 12-month high of $25.99. 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 earnings results on Wednesday, April 29th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The firm had revenue of $247.63 million for the quarter, compared to analysts’ expectations of $244.51 million. During the same quarter last year, the business earned $0.15 earnings per share. The company’s revenue was up 12.8% compared to the same quarter last year. As a group, research analysts anticipate that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current year.

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is 26.67%.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors have recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of OneSpaWorld by 395.0% during the 1st quarter. Bank of America Corp DE now owns 3,987,390 shares of the company’s stock valued at $91,511,000 after purchasing an additional 3,181,857 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of OneSpaWorld by 2.9% during the 4th quarter. First Trust Advisors LP now owns 3,179,211 shares of the company’s stock valued at $65,937,000 after purchasing an additional 90,381 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of OneSpaWorld by 2.7% during the 3rd quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock valued at $64,598,000 after purchasing an additional 79,259 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of OneSpaWorld by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after purchasing an additional 89,191 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of OneSpaWorld by 0.4% during the 2nd quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock valued at $51,492,000 after purchasing an additional 10,807 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Jefferies Financial Group assumed coverage on OneSpaWorld in a report on Tuesday, March 24th. They set a “buy” rating and a $30.00 target price on the stock. Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Truist Financial raised their target price on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. 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. Based on data from MarketBeat.com, OneSpaWorld currently has a consensus rating of “Buy” and a consensus target price of $28.20.

OneSpaWorld Company Profile

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.