Q3 2024 Earnings Estimate for OneSpaWorld Holdings Limited (NASDAQ:OSW) Issued By William Blair

OneSpaWorld Holdings Limited (NASDAQ:OSW) – Research analysts at William Blair cut their Q3 2024 earnings per share (EPS) estimates for shares of OneSpaWorld in a research report issued to clients and investors on Wednesday, April 24th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $0.16 per share for the quarter, down from their prior estimate of $0.17. The consensus estimate for OneSpaWorld’s current full-year earnings is $0.65 per share. William Blair also issued estimates for OneSpaWorld’s FY2024 earnings at $0.62 EPS and FY2025 earnings at $0.70 EPS.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results on Wednesday, February 28th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). OneSpaWorld had a positive return on equity of 12.49% and a negative net margin of 0.37%. The business had revenue of $194.81 million for the quarter, compared to analyst estimates of $197.65 million.

Other research analysts have also issued reports about the company. Truist Financial upped their price objective on OneSpaWorld from $14.00 to $16.00 and gave the company a “buy” rating in a report on Friday, January 5th. Stifel Nicolaus upped their price objective on OneSpaWorld from $20.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, January 10th.

OneSpaWorld Stock Performance

Shares of NASDAQ OSW opened at $12.53 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.57 and a quick ratio of 0.98. The stock’s fifty day moving average price is $13.02 and its two-hundred day moving average price is $12.68. OneSpaWorld has a one year low of $9.82 and a one year high of $15.12. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -113.90 and a beta of 2.12.

Institutional Trading of OneSpaWorld

Several institutional investors and hedge funds have recently modified their holdings of OSW. BluePath Capital Management LLC bought a new stake in shares of OneSpaWorld during the 3rd quarter worth $37,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of OneSpaWorld during the 3rd quarter worth $56,000. Allspring Global Investments Holdings LLC lifted its position in shares of OneSpaWorld by 125.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 11,603 shares of the company’s stock worth $130,000 after buying an additional 6,447 shares during the last quarter. CenterBook Partners LP bought a new stake in shares of OneSpaWorld during the 3rd quarter worth $130,000. Finally, Amalgamated Bank lifted its position in shares of OneSpaWorld by 10.5% during the 3rd quarter. Amalgamated Bank now owns 12,035 shares of the company’s stock worth $135,000 after buying an additional 1,144 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.

Insider Transactions at OneSpaWorld

In other news, Director Maryam Banikarim sold 6,411 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total transaction of $83,791.77. Following the sale, the director now directly owns 75,765 shares of the company’s stock, valued at approximately $990,248.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Andrew R. Heyer sold 9,000 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $13.00, for a total transaction of $117,000.00. Following the sale, the director now directly owns 473,145 shares of the company’s stock, valued at approximately $6,150,885. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Maryam Banikarim sold 6,411 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total value of $83,791.77. Following the sale, the director now directly owns 75,765 shares in the company, valued at $990,248.55. The disclosure for this sale can be found here. 6.70% of the stock is currently owned by insiders.

About OneSpaWorld

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.