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

OneSpaWorld Holdings Limited (NASDAQ:OSW) has received a consensus rating of “Buy” from the seven research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $30.60.

A number of research analysts have recently commented on the stock. Truist Financial upped their price target on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Jefferies Financial Group boosted their price objective on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Stifel Nicolaus upped their target price on shares of OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st.

OneSpaWorld Price Performance

OSW opened at $26.21 on Friday. The business has a fifty day moving average of $26.36 and a 200 day moving average of $23.86. OneSpaWorld has a 52-week low of $19.06 and a 52-week high of $29.25. The company has a quick ratio of 1.93, a current ratio of 2.91 and a debt-to-equity ratio of 0.14. The stock has a market cap of $2.66 billion, a P/E ratio of 33.18 and a beta of 0.91.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, July 29th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. OneSpaWorld had a return on equity of 18.36% and a net margin of 8.02%.The business had revenue of $261.25 million for the quarter, compared to analyst estimates of $260.93 million. During the same quarter last year, the firm posted $0.19 earnings per share. The business’s revenue was up 8.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that OneSpaWorld will post 1.05 EPS for the current year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.20 annualized dividend and a yield of 0.8%. OneSpaWorld’s dividend payout ratio is 25.32%.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction on Monday, June 15th. The stock was sold at an average price of $26.04, for a total transaction of $520,800.00. Following the completion of the sale, the director directly owned 489,817 shares of the company’s stock, valued at $12,754,834.68. The trade was a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Walter Field Mclallen sold 10,500 shares of the company’s 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 completion of the sale, the director owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.60% of the company’s stock.

Institutional Trading of OneSpaWorld

A number of hedge funds have recently added to or reduced their stakes in OSW. California State Teachers Retirement System increased its position in OneSpaWorld by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock valued at $1,869,000 after purchasing an additional 849 shares during the period. Diversified Trust Co lifted its position in shares of OneSpaWorld by 4.2% in the 1st quarter. Diversified Trust Co now owns 21,027 shares of the company’s stock worth $483,000 after purchasing an additional 850 shares during the period. First Horizon Corp lifted its position in shares of 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 during the period. Rockefeller Capital Management L.P. boosted its stake in shares of OneSpaWorld by 111.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Arax Advisory Partners boosted its stake in shares of OneSpaWorld by 428.8% during the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after purchasing an additional 1,295 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

About OneSpaWorld

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.