OneSpaWorld (NASDAQ:OSW) Director Sells $124,640.67 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew Heyer sold 4,781 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $26.07, for a total value of $124,640.67. Following the sale, the director directly owned 302,145 shares in the company, valued at $7,876,920.15. This trade represents a 1.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

OneSpaWorld Stock Performance

Shares of OSW opened at $26.60 on Thursday. The stock has a 50 day moving average price of $26.50 and a 200 day moving average price of $24.02. 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 company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 33.67 and a beta of 0.91. OneSpaWorld Holdings Limited has a 52-week low of $19.06 and a 52-week high of $29.25.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings data 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. The company had revenue of $261.25 million for the quarter, compared to analysts’ expectations of $260.93 million. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.36%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned $0.19 earnings per share. Research analysts predict that OneSpaWorld Holdings Limited will post 1.05 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

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

Analysts Set New Price Targets

OSW has been the subject of several research analyst reports. TD Cowen upped their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of OneSpaWorld in a research report on Friday, July 31st. Truist Financial boosted their target price on OneSpaWorld from $28.00 to $29.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Finally, Stifel Nicolaus raised their price target on OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, OneSpaWorld presently has an average rating of “Buy” and an average target price of $30.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of OneSpaWorld in the second quarter valued at about $278,024,000. Bank of America Corp DE grew its holdings in shares of OneSpaWorld by 395.0% during the first 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. Reinhart Partners LLC. increased its position in OneSpaWorld by 2.0% in the 2nd quarter. Reinhart Partners LLC. now owns 3,962,810 shares of the company’s stock valued at $111,910,000 after acquiring an additional 78,022 shares during the period. First Trust Advisors LP increased its position 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 period. Finally, Vanguard Group Inc. raised its stake 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 during 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.