OneSpaWorld Holdings Limited (NASDAQ:OSW) Stock Has Average Target Price of $31.25

OneSpaWorld Holdings Limited (NASDAQ:OSW) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $31.25.

Several analysts have weighed in on OSW shares. Weiss Ratings reiterated a “buy (b)” rating on shares of OneSpaWorld in a research note on Friday, July 31st. Stifel Nicolaus boosted their price objective 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, Truist Financial increased their target price on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th.

Insider Activity

In related news, Director Andrew Heyer sold 4,781 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $26.07, for a total value of $124,640.67. Following the completion of the sale, the director directly owned 302,145 shares in the company, valued at approximately $7,876,920.15. The trade was a 1.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold 60,000 shares of company stock valued at $1,583,927 in the last three months. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On OneSpaWorld

A number of hedge funds have recently added to or reduced their stakes in OSW. Global Retirement Partners LLC bought a new stake in shares of OneSpaWorld during the 2nd quarter valued at $38,000. Persistent Asset Partners Ltd acquired a new stake in shares of OneSpaWorld during the 2nd quarter worth $58,000. Rockefeller Capital Management L.P. grew its holdings in shares of OneSpaWorld by 111.1% during the 4th 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. PNC Financial Services Group Inc. grew its holdings in shares of OneSpaWorld by 138.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,158 shares of the company’s stock worth $95,000 after purchasing an additional 2,415 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of OneSpaWorld during the 2nd quarter worth $158,000. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Price Performance

OSW opened at $23.85 on Friday. The stock has a fifty day moving average of $23.85 and a 200-day moving average of $24.79. The company has a market capitalization of $2.42 billion, a P/E ratio of 30.19 and a beta of 0.90. OneSpaWorld has a fifty-two week low of $19.06 and a fifty-two week high of $29.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 2.91.

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

OneSpaWorld Announces Dividend

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

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited is a global provider of health, wellness and beauty services. The company operates spas, salons, fitness centers and wellness facilities, offering services such as massages, facials, hair and nail treatments, fitness programs, thermal experiences and related personal-care services.

OneSpaWorld primarily delivers these services onboard cruise ships and at destination resorts. Its operations serve travelers in major cruise and leisure markets around the world, including North America, Europe, the Caribbean, Asia-Pacific and other international destinations.