OneSpaWorld (NASDAQ:OSW) Director Sells $666,285.98 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew Heyer sold 25,219 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $26.42, for a total transaction of $666,285.98. Following the completion of the sale, the director directly owned 306,926 shares in the company, valued at $8,108,984.92. This trade represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

OneSpaWorld Stock Performance

Shares of NASDAQ:OSW traded down $0.41 during midday trading on Monday, reaching $25.80. The company’s stock had a trading volume of 589,311 shares, compared to its average volume of 999,505. The company has a quick ratio of 1.93, a current ratio of 2.91 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average of $26.36 and a 200 day moving average of $23.89. OneSpaWorld Holdings Limited has a twelve month low of $19.06 and a twelve month high of $29.25. The firm has a market capitalization of $2.62 billion, a PE ratio of 32.66 and a beta of 0.91.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $261.25 million during the quarter, compared to the consensus estimate of $260.93 million. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.36%. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.19 earnings per share. On average, equities analysts expect that OneSpaWorld Holdings Limited will post 1.05 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio is presently 25.32%.

Institutional Trading of OneSpaWorld

Institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System boosted its position in shares of OneSpaWorld by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock worth $1,869,000 after purchasing an additional 849 shares during the period. Diversified Trust Co raised its position in OneSpaWorld by 4.2% in the first quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock valued at $483,000 after purchasing an additional 850 shares during the period. First Horizon Corp lifted its stake in OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after purchasing an additional 975 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in OneSpaWorld by 111.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock worth $49,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Arax Advisory Partners boosted its position in shares of OneSpaWorld by 428.8% during the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after buying an additional 1,295 shares during the period. 95.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. TD Cowen lifted their price target on OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Jefferies Financial Group lifted their target price on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus lifted their target price on shares of OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of OneSpaWorld in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $30.60.

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.