OneSpaWorld Holdings Limited (NASDAQ:OSW) Receives $28.20 Consensus Target Price from Brokerages

OneSpaWorld Holdings Limited (NASDAQ:OSW) has received an average recommendation of “Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $29.20.

Several brokerages have commented on OSW. TD Cowen raised their price objective on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Zacks Research raised OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Truist Financial raised their price objective on OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Finally, Jefferies Financial Group raised their price objective on OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a report on Thursday.

OneSpaWorld Price Performance

OneSpaWorld stock opened at $27.53 on Friday. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 36.71 and a beta of 0.92. OneSpaWorld has a 52 week low of $19.04 and a 52 week high of $28.15. The business’s 50-day moving average price is $24.43 and its 200 day moving average price is $22.39. 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 posted its earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $247.63 million for 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%.OneSpaWorld’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period last year, the company earned $0.15 earnings per share. As a group, sell-side analysts anticipate that OneSpaWorld will post 1.07 earnings per share for the current year.

OneSpaWorld Announces Dividend

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

Insider Activity at OneSpaWorld

In other OneSpaWorld news, 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 sale, the director directly owned 489,817 shares of the company’s stock, valued at approximately $12,754,834.68. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 137,382 shares in the company, valued at approximately $3,389,213.94. The trade was a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.60% of the stock is currently owned by company insiders.

Institutional Trading of OneSpaWorld

A number of institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of OneSpaWorld by 395.0% in the first quarter. Bank of America Corp DE now owns 3,987,390 shares of the company’s stock worth $91,511,000 after acquiring an additional 3,181,857 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of OneSpaWorld by 2.9% in the fourth quarter. First Trust Advisors LP now owns 3,179,211 shares of the company’s stock worth $65,937,000 after acquiring an additional 90,381 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of OneSpaWorld by 2.7% in the third quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock worth $64,598,000 after acquiring an additional 79,259 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of OneSpaWorld by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock worth $62,575,000 after acquiring an additional 89,191 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of OneSpaWorld by 0.4% in the second quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock worth $51,492,000 after acquiring an additional 10,807 shares during the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

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.