OneSpaWorld Holdings Limited (NASDAQ:OSW) Sees Large Growth in Short Interest

OneSpaWorld Holdings Limited (NASDAQ:OSW) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 5,236,009 shares, a growth of 133.5% from the January 29th total of 2,242,375 shares. Based on an average daily volume of 3,001,703 shares, the short-interest ratio is presently 1.7 days. Approximately 5.3% of the company’s shares are short sold. Approximately 5.3% of the company’s shares are short sold. Based on an average daily volume of 3,001,703 shares, the short-interest ratio is presently 1.7 days.

Analyst Ratings Changes

Several research analysts recently commented on OSW shares. TD Cowen cut their price target on shares of OneSpaWorld from $27.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. Zacks Research lowered shares of OneSpaWorld from a “hold” rating to a “strong sell” rating in a report on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. Truist Financial boosted their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Insiders Place Their Bets

In related news, 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 value of $403,800.00. Following the transaction, the director owned 509,817 shares in the company, valued at approximately $10,293,205.23. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Stephen Lazarus sold 8,569 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $21.12, for a total value of $180,977.28. Following the sale, the chief executive officer owned 351,250 shares of the company’s stock, valued at $7,418,400. This represents a 2.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,569 shares of company stock valued at $685,827 over the last quarter. Company insiders own 3.90% 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 OSW. Aster Capital Management DIFC Ltd acquired a new position in shares of OneSpaWorld during the third quarter valued at $29,000. Brown Brothers Harriman & Co. bought a new position in OneSpaWorld in the 4th quarter valued at about $31,000. Arax Advisory Partners raised its position in shares of OneSpaWorld by 428.8% during the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after buying an additional 1,295 shares in the last quarter. First Horizon Corp boosted its holdings in shares of OneSpaWorld by 120.4% in the fourth quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after acquiring an additional 975 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after acquiring an additional 1,478 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Price Performance

OSW stock opened at $22.27 on Friday. The company has a market capitalization of $2.27 billion, a PE ratio of 32.28 and a beta of 1.03. The stock’s 50 day moving average is $21.18 and its two-hundred day moving average is $21.28. The company has a quick ratio of 1.09, a current ratio of 1.91 and a debt-to-equity ratio of 0.15. OneSpaWorld has a 52-week low of $14.21 and a 52-week high of $23.54.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.02). OneSpaWorld had a return on equity of 17.08% and a net margin of 7.45%.The company had revenue of $242.13 million for the quarter, compared to analyst estimates of $243.07 million. During the same period in the prior year, the business earned $0.20 earnings per share. OneSpaWorld’s revenue was up 11.5% on a year-over-year basis. Analysts predict that OneSpaWorld will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th will be paid a dividend of $0.05 per share. The ex-dividend date is Wednesday, March 11th. This represents a $0.20 annualized dividend and a yield of 0.9%. OneSpaWorld’s dividend payout ratio (DPR) is 28.99%.

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.