OneSpaWorld (NASDAQ:OSW) Cut to "Hold" at Wall Street Zen

Key Points

• OneSpaWorld was downgraded from a "buy" rating to a "hold" rating by Wall Street Zen, despite maintaining an average rating of "buy" among five analysts.
• The company's stock recently traded at $21.68, showing a modest increase of 0.7%, and has a market capitalization of $2.23 billion.
• Insider selling has been notable, with directors selling significant shares recently, while institutional investors hold nearly 96% of the stock.

OneSpaWorld (NASDAQ:OSW - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Friday.

A number of other analysts have also commented on the stock. Truist Financial boosted their price objective on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus boosted their price objective on shares of OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $22.67.

OneSpaWorld Stock Up 0.7%

Shares of OneSpaWorld stock traded up $0.15 on Friday, hitting $21.68. The company had a trading volume of 575,706 shares, compared to its average volume of 637,842. The firm has a market capitalization of $2.23 billion, a P/E ratio of 31.88 and a beta of 1.32. OneSpaWorld has a twelve month low of $14.21 and a twelve month high of $23.28. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.88 and a quick ratio of 1.19. The stock has a 50-day moving average of $22.06 and a 200-day moving average of $19.77.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $240.73 million during the quarter, compared to analysts' expectations of $238.28 million. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.93%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 earnings per share. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that OneSpaWorld will post 0.9 earnings per share for the current year.

Insider Buying and Selling at OneSpaWorld

In other OneSpaWorld news, Director Glenn Fusfield sold 11,057 shares of the company's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $22.59, for a total transaction of $249,777.63. Following the sale, the director directly owned 70,360 shares of the company's stock, valued at approximately $1,589,432.40. This represents a 13.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the transaction, the director directly owned 332,145 shares in the company, valued at $7,171,010.55. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 235,763 shares of company stock worth $5,202,595 over the last ninety days. Insiders own 3.90% of the company's stock.

Hedge Funds Weigh In On OneSpaWorld

Several large investors have recently modified their holdings of OSW. Ariel Investments LLC raised its position in shares of OneSpaWorld by 37.7% in the first quarter. Ariel Investments LLC now owns 10,713,305 shares of the company's stock valued at $179,876,000 after purchasing an additional 2,932,284 shares during the period. Victory Capital Management Inc. raised its position in shares of OneSpaWorld by 2,326.2% in the first quarter. Victory Capital Management Inc. now owns 2,788,705 shares of the company's stock valued at $46,822,000 after purchasing an additional 2,673,765 shares during the period. American Century Companies Inc. grew its stake in shares of OneSpaWorld by 105.5% in the second quarter. American Century Companies Inc. now owns 2,976,478 shares of the company's stock valued at $60,690,000 after acquiring an additional 1,528,210 shares in the last quarter. Champlain Investment Partners LLC acquired a new position in shares of OneSpaWorld in the first quarter valued at about $17,587,000. Finally, Nuveen LLC acquired a new position in shares of OneSpaWorld in the first quarter valued at about $13,348,000. 95.98% of the stock is owned by institutional investors.

About OneSpaWorld

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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