OneSpaWorld Holdings Limited (NASDAQ:OSW) Short Interest Up 49.0% in December

OneSpaWorld Holdings Limited (NASDAQ:OSW) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 2,522,562 shares, an increase of 49.0% from the December 15th total of 1,693,287 shares. Currently, 2.6% of the company’s stock are short sold. Based on an average daily volume of 461,236 shares, the days-to-cover ratio is presently 5.5 days. Based on an average daily volume of 461,236 shares, the days-to-cover ratio is presently 5.5 days. Currently, 2.6% of the company’s stock are short sold.

OneSpaWorld Stock Performance

Shares of OSW traded down $0.46 on Friday, reaching $19.72. The company’s stock had a trading volume of 762,623 shares, compared to its average volume of 459,080. The stock’s 50 day simple moving average is $20.80 and its two-hundred day simple moving average is $21.39. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.84 and a quick ratio of 1.09. The stock has a market capitalization of $2.01 billion, a P/E ratio of 27.77 and a beta of 1.04. OneSpaWorld has a 12-month low of $14.21 and a 12-month high of $23.49.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, October 29th. The company reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. OneSpaWorld had a net margin of 7.90% and a return on equity of 16.38%. The business had revenue of $258.52 million during the quarter, compared to analysts’ expectations of $258.41 million. During the same period in the prior year, the company earned $0.26 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. Research analysts forecast that OneSpaWorld will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were issued a dividend of $0.05 per share. 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%. The ex-dividend date of this dividend was Wednesday, November 19th. OneSpaWorld’s dividend payout ratio is presently 28.17%.

Insider Transactions at OneSpaWorld

In other OneSpaWorld news, Director Andrew R. Heyer sold 20,000 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $20.19, for a total value of $403,800.00. Following the sale, the director owned 509,817 shares in the company, valued at approximately $10,293,205.23. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Stephen Lazarus sold 8,569 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total transaction of $180,977.28. Following the transaction, the chief executive officer directly owned 351,250 shares of the company’s stock, valued at $7,418,400. This represents a 2.38% decrease in their position. 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 three months. 3.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Ariel Investments LLC raised its stake in OneSpaWorld by 23.3% during the 2nd quarter. Ariel Investments LLC now owns 13,213,156 shares of the company’s stock worth $269,416,000 after acquiring an additional 2,499,851 shares during the period. American Century Companies Inc. raised its position in shares of OneSpaWorld by 105.5% during the 2nd quarter. American Century Companies Inc. now owns 2,976,478 shares of the company’s stock valued at $60,690,000 after purchasing an additional 1,528,210 shares during the period. First Trust Advisors LP lifted its stake in shares of OneSpaWorld by 45.6% during the 3rd quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock valued at $65,298,000 after buying an additional 966,889 shares in the last quarter. Bessemer Group Inc. boosted its holdings in OneSpaWorld by 3,988.8% in the 3rd quarter. Bessemer Group Inc. now owns 924,726 shares of the company’s stock worth $19,550,000 after buying an additional 902,110 shares during the period. Finally, Aberdeen Group plc purchased a new stake in OneSpaWorld in the 4th quarter worth $17,663,000. 95.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on OSW. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. Cowen reissued a “buy” rating on shares of OneSpaWorld in a report on Friday, October 31st. TD Cowen boosted their price target on OneSpaWorld from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Stifel Nicolaus reduced their price objective on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $24.80.

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.