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

OneSpaWorld Holdings Limited (NASDAQ:OSW) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $24.97 and last traded at $24.94, with a volume of 684050 shares trading hands. The stock had previously closed at $24.37.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Zacks Research upgraded OneSpaWorld from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group assumed coverage on OneSpaWorld in a research note on Tuesday, March 24th. They issued a “buy” rating and a $30.00 target price on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Truist Financial increased their target price on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Stifel Nicolaus cut their target price on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, OneSpaWorld has an average rating of “Buy” and a consensus target price of $26.33.

OneSpaWorld Price Performance

The firm’s fifty day simple moving average is $22.28 and its 200-day simple moving average is $21.33. The company has a quick ratio of 1.10, a current ratio of 1.91 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.48 billion, a PE ratio of 35.39 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 analysts’ expectations of $243.07 million. During the same period last year, the business earned $0.20 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. On average, research analysts forecast that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. OneSpaWorld’s dividend payout ratio (DPR) is 28.99%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP raised its holdings in shares of OneSpaWorld by 2.9% during 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 during the last quarter. American Century Companies Inc. raised its holdings in shares of OneSpaWorld by 2.7% during the third quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock valued at $64,598,000 after purchasing an additional 79,259 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of OneSpaWorld by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after purchasing an additional 89,191 shares during the last quarter. Raymond James Financial Inc. raised its holdings 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 valued at $51,492,000 after purchasing an additional 10,807 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of OneSpaWorld by 5.1% during the fourth quarter. Geode Capital Management LLC now owns 2,505,052 shares of the company’s stock valued at $51,964,000 after purchasing an additional 122,681 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

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.