Stifel Nicolaus Cuts OneSpaWorld (NASDAQ:OSW) Price Target to $26.00

OneSpaWorld (NASDAQ:OSW) had its price target reduced by Stifel Nicolaus from $27.00 to $26.00 in a research note released on Thursday, MarketBeat.com reports. They currently have a buy rating on the stock.

Other equities research analysts have also issued research reports about the company. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. TD Cowen boosted their price objective on shares of OneSpaWorld from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Cowen reaffirmed a “buy” rating on shares of OneSpaWorld in a research report on Friday, October 31st. Finally, Northcoast Research set a $28.00 price target on shares of OneSpaWorld and gave the company a “buy” rating in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $24.80.

OneSpaWorld Price Performance

Shares of OSW opened at $19.72 on Thursday. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 27.77 and a beta of 1.04. The firm’s fifty day simple moving average is $20.80 and its 200-day simple moving average is $21.39. OneSpaWorld has a twelve month low of $14.21 and a twelve month high of $23.49. The company has a current ratio of 1.84, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last issued its earnings results on Wednesday, October 29th. The company reported $0.29 EPS for the quarter, hitting analysts’ consensus estimates of $0.29. OneSpaWorld had a net margin of 7.90% and a return on equity of 16.38%. The firm had revenue of $258.52 million during the quarter, compared to the consensus estimate of $258.41 million. During the same quarter in the previous year, the firm posted $0.26 earnings per share. The company’s revenue was up 7.0% compared to the same quarter last year. Equities analysts forecast that OneSpaWorld will post 0.9 EPS for the current fiscal year.

OneSpaWorld Increases Dividend

The firm also recently disclosed 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. This represents a $0.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, November 19th. This is an increase from OneSpaWorld’s previous quarterly dividend of $0.04. OneSpaWorld’s payout ratio is 28.17%.

Insider Activity

In other news, CEO Stephen Lazarus sold 8,569 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total transaction of $180,977.28. Following the completion of the sale, the chief executive officer owned 351,250 shares in the company, valued at approximately $7,418,400. This represents a 2.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Walter Field Mclallen sold 5,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $20.21, for a total value of $101,050.00. Following the completion of the transaction, the director owned 154,882 shares in the company, valued at $3,130,165.22. This trade represents a 3.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 33,569 shares of company stock valued at $685,827. Insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in shares of OneSpaWorld by 41.4% during the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after purchasing an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in OneSpaWorld by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after buying an additional 2,612 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in OneSpaWorld by 50.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock worth $3,577,000 after buying an additional 71,420 shares during the last quarter. Intech Investment Management LLC lifted its stake in shares of OneSpaWorld by 80.7% in the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after acquiring an additional 41,391 shares during the period. Finally, Strs Ohio purchased a new stake in shares of OneSpaWorld in the first quarter valued at about $245,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

About OneSpaWorld

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.