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

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have received an average recommendation of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $24.60.

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

OneSpaWorld Stock Performance

Shares of OSW stock opened at $21.43 on Friday. OneSpaWorld has a 12-month low of $14.21 and a 12-month high of $23.49. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.84 and a quick ratio of 1.09. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 30.18 and a beta of 1.06. The business has a 50 day simple moving average of $20.94 and a 200 day simple moving average of $21.22.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, October 29th. The company reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.The firm had revenue of $258.52 million for the quarter, compared to the consensus estimate of $258.41 million. During the same quarter in the previous year, the business earned $0.26 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities research analysts anticipate that OneSpaWorld will post 0.9 EPS for the current year.

OneSpaWorld Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.9%. This is a boost from OneSpaWorld’s previous quarterly dividend of $0.04. The ex-dividend date was Wednesday, November 19th. OneSpaWorld’s dividend payout ratio (DPR) is presently 28.17%.

Insider Activity

In other news, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction dated 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 owned 509,817 shares in the company, valued at approximately $10,293,205.23. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Stephen Lazarus sold 8,569 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $21.12, for a total transaction of $180,977.28. Following the completion of the sale, the chief executive officer owned 351,250 shares in the company, valued at $7,418,400. The trade was a 2.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 33,569 shares of company stock worth $685,827. Corporate insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On OneSpaWorld

Several large investors have recently modified their holdings of the stock. Ariel Investments LLC grew its holdings in shares of OneSpaWorld by 37.7% in the 1st quarter. Ariel Investments LLC now owns 10,713,305 shares of the company’s stock worth $179,876,000 after acquiring an additional 2,932,284 shares during the last quarter. American Century Companies Inc. increased its stake in OneSpaWorld by 105.5% in the 2nd quarter. American Century Companies Inc. now owns 2,976,478 shares of the company’s stock worth $60,690,000 after purchasing an additional 1,528,210 shares in the last quarter. Champlain Investment Partners LLC purchased a new position in OneSpaWorld in the 1st quarter worth about $17,587,000. First Trust Advisors LP raised its holdings in OneSpaWorld by 45.6% during the 3rd quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock worth $65,298,000 after buying an additional 966,889 shares during the period. Finally, Bessemer Group Inc. lifted its stake in OneSpaWorld by 3,988.8% during the third quarter. Bessemer Group Inc. now owns 924,726 shares of the company’s stock valued at $19,550,000 after buying an additional 902,110 shares in the last quarter. 95.98% of the stock is owned by 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.