OneSpaWorld (NASDAQ:OSW) Sets New 12-Month High – Still a Buy?

OneSpaWorld Holdings Limited (NASDAQ:OSW) shares reached a new 52-week high on Wednesday . The stock traded as high as $24.80 and last traded at $24.42, with a volume of 98343 shares trading hands. The stock had previously closed at $23.29.

Analyst Upgrades and Downgrades

OSW has been the subject of several research analyst reports. TD Cowen raised their target price on shares of OneSpaWorld from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Truist Financial raised their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Stifel Nicolaus cut their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, January 15th. Finally, Zacks Research raised shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $26.33.

OneSpaWorld Stock Up 5.7%

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.91 and a quick ratio of 1.10. The company’s 50-day simple moving average is $21.70 and its 200 day simple moving average is $21.20. The firm has a market cap of $2.50 billion, a P/E ratio of 35.62 and a beta of 0.95.

OneSpaWorld (NASDAQ:OSW) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). OneSpaWorld had a net margin of 7.45% and a return on equity of 17.08%. The business had revenue of $242.13 million for the quarter, compared to the consensus estimate of $243.07 million. During the same quarter last year, the business earned $0.20 EPS. OneSpaWorld’s revenue for the quarter was up 11.5% compared to the same quarter last year. Research analysts anticipate that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders 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 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is 28.99%.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its position in OneSpaWorld by 111.1% during the fourth 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 last quarter. Empowered Funds LLC bought a new position in OneSpaWorld during the fourth quarter valued at $66,000. XTX Topco Ltd bought a new position in OneSpaWorld during the fourth quarter valued at $245,000. nVerses Capital LLC bought a new stake in shares of OneSpaWorld in the 4th quarter worth about $210,000. Finally, Voloridge Investment Management LLC lifted its holdings in shares of OneSpaWorld by 2,749.2% in the 4th quarter. Voloridge Investment Management LLC now owns 271,298 shares of the company’s stock worth $5,627,000 after acquiring an additional 261,776 shares during the last quarter. 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.