OneSpaWorld (NASDAQ:OSW) Director Sells $520,800.00 in Stock

OneSpaWorld Holdings Limited (NASDAQ:OSW) Director Andrew Heyer sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the completion of the transaction, the director directly owned 489,817 shares of the company’s stock, valued at approximately $12,754,834.68. The trade was a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

OneSpaWorld Price Performance

OSW opened at $27.53 on Friday. The firm has a market capitalization of $2.79 billion, a P/E ratio of 36.71 and a beta of 0.92. OneSpaWorld Holdings Limited has a one year low of $19.04 and a one year high of $28.15. The company has a fifty day moving average price of $24.43 and a 200-day moving average price of $22.39. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.52 and a quick ratio of 1.40.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The company had revenue of $247.63 million for the quarter, compared to the consensus estimate of $244.51 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The firm’s revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 earnings per share. Equities research analysts expect that OneSpaWorld Holdings Limited will post 1.07 earnings per share for the current fiscal year.

OneSpaWorld Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. OneSpaWorld’s dividend payout ratio (DPR) is presently 26.67%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Royce & Associates LP lifted its stake in OneSpaWorld by 22.7% in the third quarter. Royce & Associates LP now owns 270,059 shares of the company’s stock worth $5,709,000 after acquiring an additional 50,003 shares during the period. Harbor Capital Advisors Inc. increased its position in OneSpaWorld by 40,623.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 51,311 shares of the company’s stock valued at $1,064,000 after purchasing an additional 51,185 shares during the period. Aberdeen Group plc bought a new position in OneSpaWorld in the 4th quarter worth $17,663,000. First Trust Advisors LP raised its holdings in OneSpaWorld by 45.6% in the 3rd quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock worth $65,298,000 after purchasing an additional 966,889 shares in the last quarter. Finally, Champlain Investment Partners LLC lifted its position in shares of OneSpaWorld by 16.5% in the 3rd quarter. Champlain Investment Partners LLC now owns 1,538,421 shares of the company’s stock worth $32,522,000 after purchasing an additional 218,401 shares during the period. Institutional investors own 95.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Truist Financial boosted their price objective on OneSpaWorld from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. TD Cowen lifted their target price on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group lifted their target price on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday. Zacks Research raised shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, Weiss Ratings upgraded shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, OneSpaWorld has an average rating of “Buy” and an average price target of $29.20.

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.