OneSpaWorld (NASDAQ:OSW) Reaches New 12-Month High – Should You Buy?

OneSpaWorld Holdings Limited (NASDAQ:OSW)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $20.70 and last traded at $20.01, with a volume of 512 shares traded. The stock had previously closed at $20.03.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Truist Financial increased their target price on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus increased their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th.

OneSpaWorld Trading Down 0.6 %

The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 40.71 and a beta of 2.10. The company has a 50-day moving average price of $19.53 and a 200-day moving average price of $17.53. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

OneSpaWorld Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Wednesday, November 20th. OneSpaWorld’s payout ratio is presently 32.65%.

Insider Activity at OneSpaWorld

In other OneSpaWorld news, CFO Stephen Lazarus sold 65,906 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the completion of the transaction, the chief financial officer now owns 490,675 shares in the company, valued at $9,082,394.25. This trade represents a 11.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Walter Field Mclallen sold 18,000 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $20.40, for a total transaction of $367,200.00. Following the transaction, the director now owns 170,917 shares of the company’s stock, valued at approximately $3,486,706.80. This represents a 9.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 158,906 shares of company stock worth $2,988,120. Company insiders own 5.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Morse Asset Management Inc raised its stake in shares of OneSpaWorld by 8.1% in the third quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock valued at $232,000 after acquiring an additional 1,050 shares during the last quarter. Sheets Smith Wealth Management increased its holdings in shares of OneSpaWorld by 3.3% in the fourth quarter. Sheets Smith Wealth Management now owns 32,952 shares of the company’s stock valued at $656,000 after purchasing an additional 1,050 shares in the last quarter. USA Financial Formulas acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at approximately $36,000. Zacks Investment Management increased its holdings in shares of OneSpaWorld by 13.3% in the third quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock valued at $265,000 after purchasing an additional 1,881 shares in the last quarter. Finally, Emerald Advisers LLC increased its holdings in shares of OneSpaWorld by 3.7% in the third quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock valued at $1,081,000 after purchasing an additional 2,310 shares in the last quarter. Institutional investors own 95.98% of the company’s stock.

OneSpaWorld Company Profile

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.