OneSpaWorld (NASDAQ:OSW) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

OneSpaWorld (NASDAQ:OSWGet Rating) issued its quarterly earnings results on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.05, MarketWatch Earnings reports. OneSpaWorld had a negative return on equity of 17.10% and a negative net margin of 47.57%. During the same quarter in the prior year, the company earned ($0.21) EPS.

Shares of OSW stock opened at $9.61 on Friday. The stock’s fifty day moving average price is $10.20 and its two-hundred day moving average price is $10.33. OneSpaWorld has a fifty-two week low of $8.40 and a fifty-two week high of $12.52. The company has a quick ratio of 1.15, a current ratio of 1.72 and a debt-to-equity ratio of 0.78.

In other news, Director Andrew R. Heyer sold 14,127 shares of the stock in a transaction on Thursday, April 14th. The stock was sold at an average price of $10.51, for a total value of $148,474.77. Following the completion of the transaction, the director now directly owns 533,056 shares in the company, valued at approximately $5,602,418.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Walter Field Mclallen sold 6,000 shares of the stock in a transaction on Tuesday, March 8th. The shares were sold at an average price of $10.05, for a total value of $60,300.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,822 shares of company stock worth $479,354. Company insiders own 13.00% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in OSW. Barclays PLC lifted its stake in shares of OneSpaWorld by 200.6% in the 4th quarter. Barclays PLC now owns 64,942 shares of the company’s stock valued at $650,000 after acquiring an additional 43,340 shares during the last quarter. BlackRock Inc. raised its position in OneSpaWorld by 1.1% during the 4th quarter. BlackRock Inc. now owns 3,732,326 shares of the company’s stock worth $37,397,000 after purchasing an additional 38,857 shares during the last quarter. Geode Capital Management LLC raised its position in OneSpaWorld by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 954,536 shares of the company’s stock worth $9,564,000 after purchasing an additional 28,599 shares during the last quarter. State Street Corp raised its position in OneSpaWorld by 2.6% during the 4th quarter. State Street Corp now owns 1,042,524 shares of the company’s stock worth $10,446,000 after purchasing an additional 25,985 shares during the last quarter. Finally, Citadel Advisors LLC raised its position in OneSpaWorld by 199.5% during the 4th quarter. Citadel Advisors LLC now owns 31,742 shares of the company’s stock worth $318,000 after purchasing an additional 21,142 shares during the last quarter. Institutional investors own 85.97% of the company’s stock.

A number of brokerages recently issued reports on OSW. TheStreet raised OneSpaWorld from a “d+” rating to a “c” rating in a research report on Wednesday, March 30th. Zacks Investment Research downgraded OneSpaWorld from a “hold” rating to a “sell” rating in a research report on Saturday, January 15th.

About OneSpaWorld (Get Rating)

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.

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Earnings History for OneSpaWorld (NASDAQ:OSW)

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