Andrew Heyer Sells 20,000 Shares of OneSpaWorld (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew Heyer sold 20,000 shares of OneSpaWorld stock in a transaction dated 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 sale, the director directly owned 489,817 shares in the company, valued at approximately $12,754,834.68. The trade was a 3.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

OneSpaWorld Trading Up 2.9%

NASDAQ OSW opened at $27.53 on Friday. The company has a quick ratio of 1.40, a current ratio of 2.52 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.79 billion, a P/E ratio of 36.71 and a beta of 0.92. OneSpaWorld Holdings Limited has a 52-week low of $19.04 and a 52-week high of $28.15. The firm has a 50-day moving average price of $24.37 and a 200 day moving average price of $22.35.

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

OneSpaWorld Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were paid a $0.05 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. OneSpaWorld’s payout ratio is 26.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on OSW shares. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Zacks Research raised shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group increased their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a report on Thursday. Truist Financial raised their price objective on shares of OneSpaWorld from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Weiss Ratings raised shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $29.20.

Institutional Trading of OneSpaWorld

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of OneSpaWorld by 395.0% during the 1st quarter. Bank of America Corp DE now owns 3,987,390 shares of the company’s stock worth $91,511,000 after buying an additional 3,181,857 shares during the last quarter. First Trust Advisors LP grew its stake in 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 acquiring an additional 90,381 shares during the last quarter. American Century Companies Inc. grew its stake in 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 acquiring an additional 79,259 shares during the last quarter. Vanguard Group Inc. increased its holdings in OneSpaWorld by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after acquiring an additional 89,191 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in OneSpaWorld by 0.4% during the second quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock worth $51,492,000 after acquiring an additional 10,807 shares during the last quarter. Institutional investors and hedge funds 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.