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

by · The Markets Daily

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSWGet Free Report) have earned an average rating of “Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $30.60.

Several equities analysts have commented on OSW shares. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday. Truist Financial increased their price target on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Stifel Nicolaus lifted their price target on shares of OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, TD Cowen lifted their price target on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th.

View Our Latest Research Report on OneSpaWorld

OneSpaWorld Stock Up 0.9%

Shares of NASDAQ:OSW opened at $26.60 on Friday. The firm has a market capitalization of $2.70 billion, a P/E ratio of 33.67 and a beta of 0.91. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 2.91. The stock has a 50 day moving average price of $26.22 and a 200-day moving average price of $23.75. OneSpaWorld has a 52-week low of $19.06 and a 52-week high of $29.25.

OneSpaWorld (NASDAQ:OSWGet Free Report) last released its quarterly earnings results 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 company had revenue of $261.25 million for the quarter, compared to analyst estimates of $260.93 million. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.19 earnings per share. As a group, equities research analysts anticipate that OneSpaWorld will post 1.05 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.05 per share. 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 dividend payout ratio (DPR) is currently 25.32%.

Insider Activity at OneSpaWorld

In other news, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the completion of the transaction, the director directly owned 489,817 shares in the company, valued at approximately $12,754,834.68. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director owned 137,382 shares in the company, valued at $3,389,213.94. The trade was a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. purchased a new stake in shares of OneSpaWorld in the fourth quarter worth $31,000. Arax Advisory Partners raised its position in shares of OneSpaWorld by 428.8% in the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares during the last quarter. First Horizon Corp boosted its stake in OneSpaWorld by 120.4% in the 4th 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. Farther Finance Advisors LLC boosted its stake in OneSpaWorld by 325.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock worth $40,000 after purchasing an additional 1,478 shares in the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in OneSpaWorld during the 3rd quarter valued at about $50,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

About OneSpaWorld

(Get Free Report)

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.

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