OneSpaWorld Holdings Limited (NASDAQ:OSW) Receives Consensus Recommendation of "Buy" from Analysts
OneSpaWorld Holdings Limited (NASDAQ:OSW) has received a consensus "Buy" rating from seven research firms. Six analysts rated it as "buy" and one as "strong buy," with an average target price of $24.00. The company reported $0.29 EPS, meeting estimates, and a revenue of $258.52 million, up 7% year-over-year. OneSpaWorld also announced a quarterly dividend increase to $0.05, with a yield of 0.9%. Recent insider sales were noted, and hedge funds have adjusted their positions in the company.
OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) has been given an average rating of "Buy" by the seven research firms that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $24.00.
Several equities analysts recently issued reports on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of OneSpaWorld in a research note on Wednesday, October 8th. Northcoast Research set a $28.00 price target on OneSpaWorld and gave the stock a "buy" rating in a research report on Tuesday, October 7th. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a report on Wednesday, July 23rd. Wall Street Zen lowered OneSpaWorld from a "buy" rating to a "hold" rating in a research report on Friday, September 26th. Finally, Stifel Nicolaus boosted their price target on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Thursday, July 31st.
View Our Latest Analysis on OneSpaWorld
OneSpaWorld Price Performance
NASDAQ:OSW opened at $23.32 on Friday. The firm's fifty day moving average is $21.60 and its two-hundred day moving average is $20.48. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 32.85 and a beta of 1.29. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.19 and a current ratio of 1.88. OneSpaWorld has a one year low of $14.21 and a one year high of $23.49.
OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.29 earnings per share for the quarter, meeting analysts' consensus estimates of $0.29. OneSpaWorld had a return on equity of 16.45% and a net margin of 7.90%.The business had revenue of $258.52 million during the quarter, compared to analyst estimates of $258.41 million. During the same quarter last year, the business posted $0.26 EPS. The company's revenue was up 7.0% on a year-over-year basis. OneSpaWorld has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that OneSpaWorld will post 0.9 EPS for the current year.
OneSpaWorld Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 3rd. Investors of record on Wednesday, November 19th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.20 annualized dividend and a yield of 0.9%. This is an increase from OneSpaWorld's previous quarterly dividend of $0.04. OneSpaWorld's dividend payout ratio is currently 23.53%.
Insider Buying and Selling at OneSpaWorld
In other news, Director Glenn Fusfield sold 11,057 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the sale, the director owned 70,360 shares of the company's stock, valued at $1,589,432.40. This represents a 13.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the sale, the director owned 332,145 shares of the company's stock, valued at $7,171,010.55. This trade represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 235,763 shares of company stock worth $5,202,595. 3.90% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On OneSpaWorld
Hedge funds have recently modified their holdings of the business. Amalgamated Bank increased its position in shares of OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after purchasing an additional 631 shares during the last quarter. Virtus Advisers LLC acquired a new position in OneSpaWorld during the 1st quarter worth about $67,000. State of Alaska Department of Revenue acquired a new position in OneSpaWorld during the 3rd quarter worth about $116,000. Smartleaf Asset Management LLC boosted its holdings in OneSpaWorld by 27.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company's stock valued at $109,000 after acquiring an additional 1,443 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in OneSpaWorld by 313.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company's stock valued at $189,000 after acquiring an additional 7,031 shares in the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.
About OneSpaWorld
(Get Free Report)OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.
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