OneSpaWorld Holdings Limited (NASDAQ:OSW) Given Consensus Rating of “Buy” by Brokerages

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have been assigned a consensus recommendation of “Buy” from the nine brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $25.8333.

OSW has been the subject of several recent research reports. Zacks Research raised shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Jefferies Financial Group assumed coverage on OneSpaWorld in a research report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 price target on the stock. Stifel Nicolaus lowered their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, January 15th. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Finally, Truist Financial boosted their target price on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th.

Institutional Trading of OneSpaWorld

Several hedge funds have recently modified their holdings of OSW. Rhumbline Advisers grew its stake in OneSpaWorld by 0.5% in the second quarter. Rhumbline Advisers now owns 138,938 shares of the company’s stock valued at $2,833,000 after acquiring an additional 731 shares during the period. California State Teachers Retirement System raised its position in shares of OneSpaWorld by 0.9% during the second quarter. California State Teachers Retirement System now owns 91,653 shares of the company’s stock worth $1,869,000 after purchasing an additional 849 shares during the period. Blair William & Co. IL lifted its holdings in shares of OneSpaWorld by 0.6% during the 3rd quarter. Blair William & Co. IL now owns 152,277 shares of the company’s stock valued at $3,219,000 after purchasing an additional 924 shares in the last quarter. First Horizon Corp lifted its holdings in shares of OneSpaWorld by 120.4% during the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock valued at $37,000 after purchasing an additional 975 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of OneSpaWorld by 111.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,364 shares of the company’s stock valued at $49,000 after purchasing an additional 1,244 shares during the period. 95.98% of the stock is owned by institutional investors.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $22.38 on Monday. OneSpaWorld has a 1 year low of $14.21 and a 1 year high of $23.56. The company’s fifty day simple moving average is $21.23 and its 200-day simple moving average is $21.15. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 32.44 and a beta of 0.99. The company has a current ratio of 1.91, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15.

OneSpaWorld (NASDAQ:OSW) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). OneSpaWorld had a return on equity of 17.08% and a net margin of 7.45%.The company had revenue of $242.13 million for the quarter, compared to the consensus estimate of $243.07 million. During the same quarter in the previous year, the firm posted $0.20 EPS. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. As a group, sell-side analysts expect that OneSpaWorld will post 0.9 EPS for the current year.

OneSpaWorld Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th were given a dividend of $0.05 per share. The ex-dividend date was Wednesday, March 11th. This represents a $0.20 annualized dividend and a yield of 0.9%. OneSpaWorld’s dividend payout ratio is 28.99%.

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.