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

Key Points

• OneSpaWorld (NASDAQ: OSW) has been downgraded from a "buy" rating to a "hold" rating by Wall Street Zen, despite a consensus rating of "buy" and a price target of $22.67 from other brokerages.
• The company reported a quarterly earnings per share of $0.25, exceeding analysts' expectations, with revenue of $240.73 million, marking a 7% increase year-over-year.
• Insider trading activity has increased, with directors selling significant shares recently, leading to a noted decrease in their ownership percentage of the stock.

Wall Street Zen downgraded shares of OneSpaWorld (NASDAQ:OSW - Free Report) from a buy rating to a hold rating in a research report released on Saturday.

Other research analysts also recently issued reports about the company. Stifel Nicolaus boosted their price objective on OneSpaWorld from $23.00 to $25.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. William Blair reiterated an "outperform" rating on shares of OneSpaWorld in a research note on Wednesday, July 23rd. Cowen reiterated a "buy" rating on shares of OneSpaWorld in a research note on Thursday, May 1st. TD Securities dropped their price target on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, Truist Financial upped their price target on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, OneSpaWorld has an average rating of "Buy" and an average price target of $22.67.

OneSpaWorld Stock Performance

Shares of NASDAQ:OSW traded up $0.14 during mid-day trading on Friday, reaching $22.96. 435,058 shares of the company traded hands, compared to its average volume of 769,004. The company's 50 day moving average price is $21.44 and its 200-day moving average price is $19.44. The firm has a market cap of $2.36 billion, a PE ratio of 33.74 and a beta of 1.38. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.88 and a quick ratio of 1.19. OneSpaWorld has a 52 week low of $14.21 and a 52 week high of $23.28.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The company had revenue of $240.73 million during the quarter, compared to the consensus estimate of $238.28 million. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.The firm's revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.20 EPS. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts expect that OneSpaWorld will post 0.9 EPS for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, August 20th. OneSpaWorld's dividend payout ratio is currently 23.53%.

Insider Buying and Selling

In other news, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was 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 approximately $7,171,010.55. This represents a 8.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Glenn Fusfield sold 23,116 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $21.57, for a total value of $498,612.12. Following the transaction, the director owned 151,799 shares of the company's stock, valued at $3,274,304.43. This represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 214,129 shares of company stock valued at $4,701,156 over the last quarter. Corporate insiders own 3.90% of the company's stock.

Institutional Trading of OneSpaWorld

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Amalgamated Bank raised its holdings in OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after buying an additional 631 shares during the period. Virtus Advisers LLC purchased a new stake in OneSpaWorld during the 1st quarter valued at $67,000. Aquatic Capital Management LLC purchased a new stake in OneSpaWorld during the 4th quarter valued at $81,000. Smartleaf Asset Management LLC raised its holdings in OneSpaWorld by 27.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company's stock valued at $109,000 after buying an additional 1,443 shares during the period. Finally, GAMMA Investing LLC raised its holdings in OneSpaWorld by 2,005.8% during the 1st quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock valued at $146,000 after buying an additional 8,284 shares during the period. Hedge funds and other institutional investors own 95.98% of the company's stock.

OneSpaWorld Company Profile

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.