OneSpaWorld (NASDAQ:OSW) Reaches New 1-Year High – Still a Buy?

OneSpaWorld Holdings Limited (NASDAQ:OSW)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $23.58 and last traded at $23.6040, with a volume of 116755 shares. The stock had previously closed at $22.95.

Wall Street Analyst Weigh In

A number of research firms recently commented on OSW. Stifel Nicolaus decreased their price target on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 15th. TD Cowen increased their target price on OneSpaWorld from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Monday. Truist Financial lifted their price target on OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Zacks Research upgraded shares of OneSpaWorld from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Jefferies Financial Group assumed coverage on shares of OneSpaWorld in a report on Tuesday, March 24th. They set a “buy” rating and a $30.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $26.33.

OneSpaWorld Stock Performance

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 stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 34.30 and a beta of 0.99. The stock has a 50-day moving average of $21.35 and a 200 day moving average of $21.15.

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 the consensus estimate of $0.26 by ($0.02). The business had revenue of $242.13 million during the quarter, compared to the consensus estimate of $243.07 million. OneSpaWorld had a net margin of 7.45% and a return on equity of 17.08%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period last year, the business posted $0.20 EPS. On average, analysts expect that OneSpaWorld Holdings Limited will post 0.9 EPS for the current year.

OneSpaWorld Dividend Announcement

The firm also recently announced 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 dividend yield of 0.8%. OneSpaWorld’s payout ratio is presently 28.99%.

Institutional Investors Weigh In On OneSpaWorld

A number of institutional investors have recently made changes to their positions in the stock. Ariel Investments LLC increased its stake in shares of OneSpaWorld by 23.3% in the 2nd quarter. Ariel Investments LLC now owns 13,213,156 shares of the company’s stock valued at $269,416,000 after acquiring an additional 2,499,851 shares during the last quarter. First Trust Advisors LP increased its stake in OneSpaWorld by 2.9% in the fourth quarter. First Trust Advisors LP now owns 3,179,211 shares of the company’s stock valued at $65,937,000 after purchasing an additional 90,381 shares in the last quarter. American Century Companies Inc. raised its holdings in OneSpaWorld by 2.7% in the third quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock worth $64,598,000 after purchasing an additional 79,259 shares during the period. Vanguard Group Inc. raised its holdings in OneSpaWorld by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock worth $62,575,000 after purchasing an additional 89,191 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of OneSpaWorld by 0.4% during the second quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock worth $51,492,000 after purchasing an additional 10,807 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

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.