OneSpaWorld Holdings Limited (NASDAQ:OSW) Receives $30.60 Average Price Target from Brokerages

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have earned an average rating of “Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $30.60.

A number of analysts have issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of OneSpaWorld in a research note on Friday, July 31st. Jefferies Financial Group raised 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, June 18th. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Stifel Nicolaus upped their price objective on shares of OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, TD Cowen increased their target price on shares of OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th.

OneSpaWorld Trading Down 0.3%

OneSpaWorld stock opened at $26.53 on Friday. OneSpaWorld has a 12 month low of $19.06 and a 12 month 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 $2.69 billion, a P/E ratio of 33.58 and a beta of 0.91. The company’s fifty day simple moving average is $26.31 and its 200-day simple moving average is $23.84.

OneSpaWorld (NASDAQ:OSW) last issued its earnings results on Wednesday, July 29th. The company reported $0.29 EPS for the quarter, beating 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 firm had revenue of $261.25 million for the quarter, compared to the consensus estimate of $260.93 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, sell-side analysts forecast that OneSpaWorld will post 1.05 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

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

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 20,000 shares of the company’s stock in a transaction that occurred 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 owned 489,817 shares of the company’s stock, valued at $12,754,834.68. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Walter Field Mclallen sold 10,500 shares of the company’s stock in a transaction that occurred 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 sale, the director directly owned 137,382 shares of the company’s stock, valued at $3,389,213.94. The trade was a 7.10% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of OneSpaWorld

Several large investors have recently modified their holdings of OSW. AQR Capital Management LLC boosted its holdings in OneSpaWorld by 41.4% during the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock valued at $425,000 after acquiring an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of OneSpaWorld by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock valued at $1,004,000 after purchasing an additional 2,612 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of OneSpaWorld by 50.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after purchasing an additional 71,420 shares during the period. Intech Investment Management LLC increased its stake in shares of OneSpaWorld by 80.7% in the first quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after purchasing an additional 41,391 shares during the period. Finally, Prudential Financial Inc. acquired a new position in shares of OneSpaWorld during the 2nd quarter worth about $213,000. 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.