OneSpaWorld Holdings Limited (NASDAQ:OSW - Free Report) - Stock analysts at William Blair decreased their Q3 2024 EPS estimates for OneSpaWorld in a research report issued to clients and investors on Wednesday, April 24th. William Blair analyst S. Zackfia now expects that the company will post earnings of $0.16 per share for the quarter, down from their prior forecast of $0.17. The consensus estimate for OneSpaWorld's current full-year earnings is $0.65 per share. William Blair also issued estimates for OneSpaWorld's FY2024 earnings at $0.62 EPS and FY2025 earnings at $0.70 EPS.
OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its quarterly earnings results on Wednesday, February 28th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.04). OneSpaWorld had a negative net margin of 0.37% and a positive return on equity of 12.49%. The firm had revenue of $194.81 million for the quarter, compared to analysts' expectations of $197.65 million.
A number of other analysts also recently commented on the company. Truist Financial upped their target price on OneSpaWorld from $14.00 to $16.00 and gave the stock a "buy" rating in a research note on Friday, January 5th. Stifel Nicolaus raised their price objective on shares of OneSpaWorld from $20.00 to $21.00 and gave the stock a "buy" rating in a research note on Wednesday, January 10th.
Check Out Our Latest Report on OSW
OneSpaWorld Stock Performance
NASDAQ OSW traded up $0.01 on Thursday, reaching $12.53. 315,216 shares of the company's stock traded hands, compared to its average volume of 548,100. The stock has a 50 day moving average price of $13.07 and a 200-day moving average price of $12.68. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -111.99 and a beta of 2.12. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.98 and a current ratio of 1.57. OneSpaWorld has a fifty-two week low of $9.82 and a fifty-two week high of $15.12.
Hedge Funds Weigh In On OneSpaWorld
Several hedge funds have recently bought and sold shares of OSW. William Blair Investment Management LLC lifted its holdings in OneSpaWorld by 259.5% during the 3rd quarter. William Blair Investment Management LLC now owns 1,244,675 shares of the company's stock worth $13,965,000 after buying an additional 898,415 shares in the last quarter. Ranger Investment Management L.P. increased its holdings in OneSpaWorld by 23.7% during the 3rd quarter. Ranger Investment Management L.P. now owns 2,780,490 shares of the company's stock worth $31,197,000 after purchasing an additional 532,801 shares during the period. Vanguard Group Inc. raised its position in OneSpaWorld by 35.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,970,528 shares of the company's stock valued at $22,109,000 after purchasing an additional 514,137 shares in the last quarter. Wellington Management Group LLP purchased a new position in shares of OneSpaWorld in the 4th quarter valued at about $4,926,000. Finally, Dimensional Fund Advisors LP grew its position in shares of OneSpaWorld by 16.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,260,110 shares of the company's stock worth $31,869,000 after buying an additional 316,905 shares in the last quarter. Institutional investors and hedge funds own 95.98% of the company's stock.
Insider Buying and Selling
In other OneSpaWorld news, Director Maryam Banikarim sold 6,411 shares of the firm's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $13.07, for a total value of $83,791.77. Following the transaction, the director now directly owns 75,765 shares of the company's stock, valued at approximately $990,248.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Maryam Banikarim sold 6,411 shares of the company's stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total value of $83,791.77. Following the transaction, the director now directly owns 75,765 shares in the company, valued at $990,248.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 9,000 shares of OneSpaWorld stock in a transaction on Monday, March 4th. The shares were sold at an average price of $13.00, for a total value of $117,000.00. Following the completion of the sale, the director now owns 473,145 shares in the company, valued at approximately $6,150,885. The disclosure for this sale can be found here. 6.70% of the stock is currently owned by insiders.
About OneSpaWorld
(
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OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.
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