OneSpaWorld (NASDAQ:OSW) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

OneSpaWorld (NASDAQ:OSW) posted its earnings results on Wednesday. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03, FiscalAI reports. OneSpaWorld had a return on equity of 19.00% and a net margin of 8.26%. The firm had revenue of $276.53 million for the quarter, compared to analyst estimates of $272.34 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. OneSpaWorld’s revenue for the quarter was up 7.0% compared to the same quarter last year.

Here are the key takeaways from OneSpaWorld’s conference call:

• OneSpaWorld reported third-quarter revenue growth of 7% to $276.5 million and Adjusted EBITDA growth of 12% to $39.2 million, exceeding the high end of its prior guidance and marking its 22nd consecutive quarter of record year-over-year growth.
• The company raised its 2026 guidance midpoint to $1.033 billion-$1.038 billion in revenue and $138 million-$140 million in Adjusted EBITDA, implying approximately 10% and 13% growth, respectively, versus comparable 2025 results.
• Higher-value MediSpa and wellness services, stronger pre-booking, and improved staff retention supported growth; pre-booked revenue rose 20% and represented 23.2% of service revenue, while MediSpa services were available on 157 ships.
• Strong cash generation enabled $42.3 million of shareholder returns during the quarter, completion of the prior $75 million repurchase program, approval of a new $100 million buyback authorization, and a 25% dividend increase to $0.0625 per share.
• Destination-resort revenue declined because of hotel closures and the company’s exit from Asian land-based operations, while the planned AI-driven dynamic-pricing system is not expected to launch before the fourth quarter of 2027.

OneSpaWorld Trading Up 0.4%

OSW stock opened at $30.22 on Friday. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 35.98 and a beta of 0.90. The company has a quick ratio of 1.93, a current ratio of 2.91 and a debt-to-equity ratio of 0.14. The business has a fifty day simple moving average of $23.79 and a 200-day simple moving average of $23.87. OneSpaWorld has a 52 week low of $19.06 and a 52 week high of $30.76.

OneSpaWorld Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be issued a $0.0625 dividend. This is a boost from OneSpaWorld’s previous quarterly dividend of $0.05. The ex-dividend date is Wednesday, November 18th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is 29.76%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on OSW shares. Truist Financial upped their price objective on OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings restated a “buy (b)” rating on shares of OneSpaWorld in a research note on Thursday. Stifel Nicolaus boosted their target price on OneSpaWorld from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday. Jefferies Financial Group upped their price target on OneSpaWorld from $36.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday. Finally, TD Cowen increased their price target on shares of OneSpaWorld from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $34.00.

Insider Buying and Selling at OneSpaWorld

In related news, Director Andrew Heyer sold 25,219 shares of OneSpaWorld stock in a transaction on Friday, August 7th. The stock was sold at an average price of $26.42, for a total value of $666,285.98. Following the transaction, the director owned 306,926 shares in the company, valued at approximately $8,108,984.92. This trade represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 60,000 shares of company stock valued at $1,583,927. Company insiders own 3.60% of the company’s stock.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited (NASDAQ: OSW) provides health, wellness and beauty services primarily aboard cruise ships and at destination resorts. The company operates and manages spas, salons, fitness centers and wellness facilities for cruise lines and resort operators, serving travelers in international markets.

Its services include massages and other spa treatments, facials, skincare, hair and beauty services, fitness and wellness programs, medi-spa treatments, acupuncture and related health services.