OneSpaWorld (NASDAQ:OSW) Reaches New 1-Year High – Time to Buy?

OneSpaWorld Holdings Limited (NASDAQ:OSW) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $25.84 and last traded at $25.81, with a volume of 242160 shares traded. The stock had previously closed at $24.81.

Analyst Ratings Changes

Several research firms recently issued reports on OSW. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. TD Cowen raised their price target on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group began coverage on OneSpaWorld in a research report on Tuesday, March 24th. They set a “buy” rating and a $30.00 price target on the stock. Finally, Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $28.20.

OneSpaWorld Trading Up 3.9%

The stock has a market capitalization of $2.61 billion, a P/E ratio of 34.35 and a beta of 0.92. The stock has a 50-day moving average price of $24.06 and a two-hundred day moving average price of $22.14. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The firm had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period last year, the company earned $0.15 EPS. On average, research analysts forecast that OneSpaWorld Holdings Limited will post 1.07 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid 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, May 20th. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of OneSpaWorld by 395.0% in the 1st quarter. Bank of America Corp DE now owns 3,987,390 shares of the company’s stock valued at $91,511,000 after purchasing an additional 3,181,857 shares during the period. First Trust Advisors LP lifted its stake in shares of OneSpaWorld by 2.9% in the 4th quarter. First Trust Advisors LP now owns 3,179,211 shares of the company’s stock valued at $65,937,000 after purchasing an additional 90,381 shares during the period. American Century Companies Inc. lifted its stake in shares of OneSpaWorld by 2.7% in the 3rd quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock valued at $64,598,000 after purchasing an additional 79,259 shares during the period. Vanguard Group Inc. lifted its stake in shares of OneSpaWorld by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after purchasing an additional 89,191 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of OneSpaWorld by 0.4% in the 2nd quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock valued at $51,492,000 after purchasing an additional 10,807 shares during the period. Hedge funds and other institutional investors 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.