OneSpaWorld Holdings Limited (NASDAQ:OSW) Given Average Rating of “Buy” by Analysts

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have earned a consensus rating of “Buy” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $24.80.

A number of brokerages have issued reports on OSW. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Northcoast Research set a $28.00 price objective on shares of OneSpaWorld and gave the company a “buy” rating in a research report on Tuesday, October 7th. Stifel Nicolaus reduced their target price on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday. Finally, TD Cowen boosted their price target on OneSpaWorld from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, October 31st.

Insider Buying and Selling

In other news, Director Andrew R. Heyer sold 20,000 shares of the company’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $20.19, for a total transaction of $403,800.00. Following the completion of the transaction, the director directly owned 509,817 shares in the company, valued at approximately $10,293,205.23. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Walter Field Mclallen sold 5,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $20.21, for a total value of $101,050.00. Following the sale, the director directly owned 154,882 shares in the company, valued at approximately $3,130,165.22. This trade represents a 3.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,569 shares of company stock worth $685,827 in the last three months. 3.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OSW. Aberdeen Group plc acquired a new position in OneSpaWorld in the fourth quarter valued at $17,663,000. Diversified Trust Co. lifted its stake in shares of OneSpaWorld by 12.9% in the 4th quarter. Diversified Trust Co. now owns 20,177 shares of the company’s stock valued at $418,000 after purchasing an additional 2,300 shares during the period. CIBC Private Wealth Group LLC acquired a new stake in OneSpaWorld during the third quarter worth approximately $87,000. CIBC Bancorp USA Inc. bought a new stake in OneSpaWorld in the third quarter worth approximately $214,000. Finally, Virtus Advisers LLC increased its stake in shares of OneSpaWorld by 742.3% in the 3rd quarter. Virtus Advisers LLC now owns 16,542 shares of the company’s stock valued at $350,000 after acquiring an additional 14,578 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Price Performance

NASDAQ:OSW opened at $19.72 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 1.84. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 27.77 and a beta of 1.04. OneSpaWorld has a 52 week low of $14.21 and a 52 week high of $23.49. The firm’s 50-day simple moving average is $20.80 and its 200 day simple moving average is $21.39.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 EPS for the quarter, hitting analysts’ consensus estimates of $0.29. The firm had revenue of $258.52 million for the quarter, compared to analyst estimates of $258.41 million. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.The company’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. As a group, sell-side analysts predict that OneSpaWorld will post 0.9 earnings per share for the current year.

OneSpaWorld Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, November 19th. This is an increase from OneSpaWorld’s previous quarterly dividend of $0.04. OneSpaWorld’s dividend payout ratio is 28.17%.

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.