OneSpaWorld (NASDAQ:OSW) Now Covered by Jefferies Financial Group

Jefferies Financial Group began coverage on shares of OneSpaWorld (NASDAQ:OSW) in a report published on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $30.00 price objective on the stock.

Several other brokerages also recently issued reports on OSW. Truist Financial boosted their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. TD Cowen decreased their price target on OneSpaWorld from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, January 20th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, OneSpaWorld presently has a consensus rating of “Buy” and an average price target of $25.83.

OneSpaWorld Stock Performance

OneSpaWorld stock opened at $22.96 on Tuesday. OneSpaWorld has a 52 week low of $14.21 and a 52 week high of $23.56. The company has a current ratio of 1.91, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.33 billion, a P/E ratio of 33.28 and a beta of 0.99. The stock has a 50 day moving average of $21.07 and a 200-day moving average of $21.13.

OneSpaWorld (NASDAQ:OSW) last issued its earnings results on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The company had revenue of $242.13 million during the quarter, compared to analyst estimates of $243.07 million. OneSpaWorld had a net margin of 7.45% and a return on equity of 17.08%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.20 EPS. On average, analysts expect that OneSpaWorld will post 0.9 EPS for the current fiscal year.

OneSpaWorld Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC raised 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 valued at $425,000 after acquiring an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in OneSpaWorld by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock worth $1,004,000 after purchasing an additional 2,612 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in OneSpaWorld by 50.4% in 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 purchasing an additional 71,420 shares during the period. Intech Investment Management LLC grew its position in OneSpaWorld by 80.7% during the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after purchasing an additional 41,391 shares in the last quarter. Finally, Swiss National Bank raised its stake in OneSpaWorld by 4.5% during the 2nd quarter. Swiss National Bank now owns 199,900 shares of the company’s stock valued at $4,076,000 after purchasing an additional 8,600 shares during the period. 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.