Analysts Set OneSpaWorld Holdings Limited (NASDAQ:OSW) Price Target at $24.60

OneSpaWorld Holdings Limited (NASDAQ:OSW) has earned a consensus recommendation of “Buy” from the eight ratings firms that are covering the firm, Marketbeat reports. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $24.80.

A number of analysts recently weighed in on OSW shares. Northcoast Research set a $28.00 target price on shares of OneSpaWorld and gave the stock a “buy” rating in a report on Tuesday, October 7th. Stifel Nicolaus lowered their price objective on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday. TD Cowen boosted their target price on OneSpaWorld from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Finally, Cowen reiterated a “buy” rating on shares of OneSpaWorld in a research report on Friday, October 31st.

OneSpaWorld Stock Performance

NASDAQ:OSW opened at $19.72 on Wednesday. The business’s fifty day moving average is $20.80 and its 200 day moving average is $21.39. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 27.77 and a beta of 1.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 1.84. OneSpaWorld has a 52-week low of $14.21 and a 52-week high of $23.49.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results 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 16.38% 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 in the previous year, the firm earned $0.26 EPS. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. Research analysts predict that OneSpaWorld will post 0.9 EPS for the current year.

OneSpaWorld Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were given a dividend of $0.05 per share. The ex-dividend date was Wednesday, November 19th. This is a boost from OneSpaWorld’s previous quarterly dividend of $0.04. This represents a $0.20 annualized dividend and a yield of 1.0%. OneSpaWorld’s dividend payout ratio (DPR) is presently 28.17%.

Insider Transactions at OneSpaWorld

In other news, Director Walter Field Mclallen sold 5,000 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $20.21, for a total value of $101,050.00. Following the transaction, the director owned 154,882 shares of the company’s stock, valued at $3,130,165.22. This represents a 3.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $20.19, for a total transaction of $403,800.00. Following the sale, the director directly owned 509,817 shares of the company’s stock, valued at $10,293,205.23. This represents a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,569 shares of company stock valued at $685,827 in the last quarter. Insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On OneSpaWorld

A number of hedge funds and other institutional investors have recently modified their holdings of OSW. Aberdeen Group plc purchased a new position in shares of OneSpaWorld during the 4th quarter valued at about $17,663,000. Diversified Trust Co. raised its stake in shares of OneSpaWorld by 12.9% during the fourth quarter. Diversified Trust Co. now owns 20,177 shares of the company’s stock worth $418,000 after acquiring an additional 2,300 shares in the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of OneSpaWorld in the 3rd quarter worth approximately $87,000. CIBC Bancorp USA Inc. bought a new stake in shares of OneSpaWorld in the 3rd quarter worth approximately $214,000. Finally, Virtus Advisers LLC grew its holdings in shares of OneSpaWorld by 742.3% during the 3rd quarter. Virtus Advisers LLC now owns 16,542 shares of the company’s stock valued at $350,000 after purchasing an additional 14,578 shares during the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

OneSpaWorld Company Profile

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.