Walter Field Mclallen Sells 10,500 Shares of OneSpaWorld (NASDAQ:OSW) Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the sale, the director directly owned 137,382 shares of the company’s stock, valued at approximately $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

OneSpaWorld Price Performance

OSW stock traded up $0.98 on Friday, hitting $25.79. 747,411 shares of the company’s stock traded hands, compared to its average volume of 994,459. OneSpaWorld Holdings Limited has a 1-year low of $18.43 and a 1-year high of $25.99. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 34.39 and a beta of 0.92. The stock has a fifty day moving average of $24.06 and a 200-day moving average of $22.14. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last released its earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The business had revenue of $247.63 million during the quarter, compared to analyst estimates of $244.51 million. During the same period in the prior year, the business earned $0.15 earnings per share. The business’s quarterly revenue was up 12.8% on a year-over-year basis. On average, analysts forecast that OneSpaWorld Holdings Limited will post 1.07 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.20 annualized dividend and a yield of 0.8%. OneSpaWorld’s dividend payout ratio is currently 26.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on OSW shares. Zacks Research upgraded shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings upgraded shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Jefferies Financial Group started coverage on shares of OneSpaWorld in a research report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price target for the company. Finally, TD Cowen upped their price target on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, OneSpaWorld presently has an average rating of “Buy” and an average price target of $28.20.

Institutional Investors Weigh In On OneSpaWorld

Hedge funds have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new position in OneSpaWorld in the 3rd quarter valued at approximately $29,000. Brown Brothers Harriman & Co. acquired a new position in OneSpaWorld in the 4th quarter valued at approximately $31,000. Arax Advisory Partners increased its stake in OneSpaWorld by 428.8% in the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after buying an additional 1,295 shares during the period. First Horizon Corp increased its stake in OneSpaWorld by 120.4% in the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after buying an additional 975 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in OneSpaWorld by 325.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock valued at $40,000 after buying an additional 1,478 shares during the period. Hedge funds and other institutional investors own 95.98% of the company’s stock.

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.