OneSpaWorld (NASDAQ:OSW) Director Andrew Heyer Sells 20,000 Shares of Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew Heyer sold 20,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $26.04, for a total value of $520,800.00. Following the completion of the sale, the director owned 489,817 shares of the company’s stock, valued at approximately $12,754,834.68. The trade was a 3.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

OneSpaWorld Stock Performance

NASDAQ OSW opened at $26.76 on Thursday. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 35.68 and a beta of 0.92. The company has a quick ratio of 1.40, a current ratio of 2.52 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average price of $24.28 and a 200-day moving average price of $22.30. OneSpaWorld Holdings Limited has a twelve month low of $19.04 and a twelve month high of $26.84.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $247.63 million during the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 earnings per share. As a group, equities research analysts predict that OneSpaWorld Holdings Limited will post 1.07 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on OSW shares. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. 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 target on OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Jefferies Financial Group started coverage on OneSpaWorld in a research note on Tuesday, March 24th. They set a “buy” rating and a $30.00 price target for the company. Finally, TD Cowen increased their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, OneSpaWorld currently has a consensus rating of “Buy” and a consensus price target of $28.20.

Hedge Funds Weigh In On OneSpaWorld

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OSW. Royce & Associates LP lifted its stake in shares of OneSpaWorld by 22.7% in the 3rd quarter. Royce & Associates LP now owns 270,059 shares of the company’s stock valued at $5,709,000 after purchasing an additional 50,003 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of OneSpaWorld by 40,623.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 51,311 shares of the company’s stock valued at $1,064,000 after purchasing an additional 51,185 shares during the last quarter. Aberdeen Group plc bought a new stake in shares of OneSpaWorld in the 4th quarter valued at approximately $17,663,000. First Trust Advisors LP lifted its stake in shares of OneSpaWorld by 45.6% in the 3rd quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock valued at $65,298,000 after purchasing an additional 966,889 shares during the last quarter. Finally, Champlain Investment Partners LLC lifted its stake in shares of OneSpaWorld by 16.5% in the 3rd quarter. Champlain Investment Partners LLC now owns 1,538,421 shares of the company’s stock valued at $32,522,000 after purchasing an additional 218,401 shares during the last quarter. 95.98% of the stock is owned by 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.