OneSpaWorld (OSW) Set to Announce Quarterly Earnings on Wednesday

OneSpaWorld (NASDAQ:OSW) is scheduled to be releasing its earnings data before the market opens on Wednesday, July 31st. Analysts expect OneSpaWorld to post earnings of $0.17 per share for the quarter. OneSpaWorld has set its FY 2024 guidance at EPS and its Q2 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

OneSpaWorld (NASDAQ:OSW) last issued its earnings results on Wednesday, May 1st. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. OneSpaWorld had a return on equity of 13.01% and a net margin of 4.14%. The business had revenue of $211.23 million during the quarter, compared to analyst estimates of $206.98 million. During the same period in the previous year, the company posted $0.10 EPS. On average, analysts expect OneSpaWorld to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OneSpaWorld Stock Up 1.1 %

OSW stock traded up $0.18 during trading on Tuesday, reaching $16.76. 126,848 shares of the stock were exchanged, compared to its average volume of 580,087. The company has a current ratio of 1.85, a quick ratio of 1.34 and a debt-to-equity ratio of 0.27. OneSpaWorld has a twelve month low of $9.82 and a twelve month high of $17.25. The firm’s 50 day moving average is $15.58 and its 200 day moving average is $14.24. The firm has a market cap of $1.68 billion, a P/E ratio of 61.41 and a beta of 2.14.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Stifel Nicolaus increased their target price on OneSpaWorld from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Thursday, May 23rd. Loop Capital raised their price objective on shares of OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th. Finally, Truist Financial lifted their price objective on shares of OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, June 12th.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, insider Susan Reardon Bonner sold 35,554 shares of the company’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $14.85, for a total value of $527,976.90. Following the completion of the sale, the insider now directly owns 272,623 shares of the company’s stock, valued at approximately $4,048,451.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Walter Field Mclallen sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $15.23, for a total transaction of $38,075.00. Following the completion of the sale, the director now owns 175,486 shares in the company, valued at approximately $2,672,651.78. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Susan Reardon Bonner sold 35,554 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $14.85, for a total value of $527,976.90. Following the completion of the transaction, the insider now owns 272,623 shares in the company, valued at approximately $4,048,451.55. The disclosure for this sale can be found here. Insiders have sold a total of 50,762 shares of company stock valued at $755,153 over the last 90 days. Insiders own 5.00% of the company’s stock.

About OneSpaWorld

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.