OneSpaWorld Holdings Limited (NASDAQ:OSW) Receives $30.60 Consensus PT from Analysts

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have earned a consensus recommendation of “Buy” from the seven analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $30.60.

A number of brokerages have recently commented on OSW. Jefferies Financial Group upped 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 raised their price target on OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Truist Financial boosted their price target on OneSpaWorld from $28.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st.

OneSpaWorld Trading Down 3.5%

OSW opened at $25.26 on Thursday. The company has a quick ratio of 1.93, a current ratio of 2.91 and a debt-to-equity ratio of 0.14. OneSpaWorld has a 52 week low of $19.06 and a 52 week high of $29.25. The business’s 50 day moving average is $26.73 and its two-hundred day moving average is $24.53. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 31.97 and a beta of 0.91.

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

OneSpaWorld Announces Dividend

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 issued a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is presently 25.32%.

Insider Activity at OneSpaWorld

In related news, Director Andrew R. Heyer sold 4,781 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $26.07, for a total transaction of $124,640.67. Following the completion of the sale, the director directly owned 302,145 shares of the company’s stock, valued at $7,876,920.15. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.67, for a total value of $259,035.00. Following the sale, the director directly owned 137,382 shares of the company’s stock, valued at approximately $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,500 shares of company stock valued at $2,363,762 in the last 90 days. Company insiders own 3.60% of the company’s stock.

Institutional Trading of OneSpaWorld

Several hedge funds have recently made changes to their positions in the company. Amundi purchased a new stake in shares of OneSpaWorld in the second quarter valued at about $438,000. HighTower Advisors LLC raised its holdings in OneSpaWorld by 6.7% during the second quarter. HighTower Advisors LLC now owns 310,146 shares of the company’s stock worth $8,759,000 after purchasing an additional 19,505 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in OneSpaWorld during the second quarter worth about $974,000. California State Teachers Retirement System lifted its position in OneSpaWorld by 2,323.6% in the second quarter. California State Teachers Retirement System now owns 3,060,397 shares of the company’s stock valued at $86,426,000 after purchasing an additional 2,934,120 shares during the period. Finally, AXQ Capital LP purchased a new stake in OneSpaWorld in the 2nd quarter valued at approximately $318,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

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.