Key Points
- OneSpaWorld director Walter Field Mclallen sold 10,500 shares on June 11 at an average price of $24.67, for total proceeds of about $259,035. After the sale, he still owned 137,382 shares.
- The company recently reported stronger-than-expected quarterly results, with EPS of $0.27 versus the $0.25 estimate and revenue of $247.63 million, up 12.8% year over year.
- Analyst sentiment remains broadly positive, with a consensus rating of “Buy” and a average price target of $28.20, even though one firm recently downgraded the stock to Hold.
OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) Director Walter Field Mclallen sold 10,500 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the completion of the sale, the director directly owned 137,382 shares in the company, valued at approximately $3,389,213.94. The trade was a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
OneSpaWorld Price Performance
NASDAQ:OSW opened at $25.79 on Friday. OneSpaWorld Holdings Limited has a one year low of $18.43 and a one year high of $25.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 34.39 and a beta of 0.92. The firm's fifty day moving average is $24.11 and its two-hundred day moving average is $22.16.
OneSpaWorld (NASDAQ:OSW - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. OneSpaWorld had a net margin of 7.85% and a return on equity of 18.00%. The company had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. During the same period in the prior year, the company earned $0.15 earnings per share. The firm's revenue was up 12.8% on a year-over-year basis. Research analysts expect that OneSpaWorld Holdings Limited will post 1.07 EPS for the current 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. This represents a $0.20 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. OneSpaWorld's dividend payout ratio is presently 26.67%.
Institutional Investors Weigh In On OneSpaWorld
Several hedge funds have recently modified their holdings of OSW. AQR Capital Management LLC boosted its stake in shares of OneSpaWorld by 41.4% during the 1st quarter. AQR Capital Management LLC now owns 25,286 shares of the company's stock worth $425,000 after acquiring an additional 7,398 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of OneSpaWorld by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company's stock worth $1,004,000 after acquiring an additional 2,612 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of OneSpaWorld by 50.4% during 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 acquiring an additional 71,420 shares in the last quarter. Intech Investment Management LLC boosted its stake in shares of 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 acquiring an additional 41,391 shares in the last quarter. Finally, Prudential Financial Inc. purchased a new stake in shares of OneSpaWorld during the 2nd quarter worth about $213,000. 95.98% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts have commented on OSW shares. Wall Street Zen lowered shares of OneSpaWorld from a "buy" rating to a "hold" rating in a report on Saturday, May 23rd. Weiss Ratings raised shares of OneSpaWorld from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, May 4th. Truist Financial increased their target price on shares of OneSpaWorld from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, May 22nd. Zacks Research raised shares of OneSpaWorld from a "strong sell" rating to a "hold" rating in a research note on Monday, March 16th. Finally, Jefferies Financial Group initiated coverage on shares of OneSpaWorld in a research note on Tuesday, March 24th. They set a "buy" rating and a $30.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $28.20.
View Our Latest Stock Analysis on OSW
About OneSpaWorld
(
Get Free Report)
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.
Further Reading
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