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

Key Points

• Share price hit a new 52-week high, trading as high as $24.80 (last $24.42) and the company has a market capitalization of about $2.50 billion.
• Analyst consensus is "Buy" with an average target of $26.33; several firms recently raised targets (e.g., Truist to $25, TD Cowen to $27) and most ratings are Buy/Strong Buy.
• The latest quarter missed EPS and revenue estimates ($0.24 vs $0.26 expected; $242.13M vs $243.07M expected) despite revenue rising 11.5% YoY, and the company pays a $0.05 quarterly dividend ($0.20 annual, ~0.8% yield) with a P/E of 35.62.

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as $24.80 and last traded at $24.42, with a volume of 98343 shares changing hands. The stock had previously closed at $23.29.

Analyst Ratings Changes

OSW has been the subject of a number of research reports. Truist Financial upped their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, February 17th. Zacks Research raised shares of OneSpaWorld from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of OneSpaWorld in a report on Monday, December 29th. TD Cowen upped their target price on shares of OneSpaWorld from $26.00 to $27.00 and gave the company a "buy" rating in a report on Monday, March 30th. Finally, Stifel Nicolaus reduced their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a "buy" rating for the company in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $26.33.

OneSpaWorld Trading Up 5.7%

The stock's 50 day moving average price is $21.70 and its 200-day moving average price is $21.20. 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 stock has a market capitalization of $2.50 billion, a PE ratio of 35.62 and a beta of 0.95.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.02). The firm had revenue of $242.13 million during the quarter, compared to analysts' expectations of $243.07 million. OneSpaWorld had a return on equity of 17.08% and a net margin of 7.45%.The business's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share. On average, sell-side analysts expect that OneSpaWorld Holdings Limited will post 0.9 earnings per share for the current fiscal year.

OneSpaWorld Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld's dividend payout ratio is 28.99%.

Institutional Trading of OneSpaWorld

A number of hedge funds and other institutional investors have recently modified their holdings of OSW. Aster Capital Management DIFC Ltd purchased a new stake in shares of OneSpaWorld in the third quarter worth $29,000. Brown Brothers Harriman & Co. purchased a new position in OneSpaWorld during the fourth quarter valued at $31,000. Arax Advisory Partners grew its stake in OneSpaWorld by 428.8% during the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company's stock valued at $33,000 after acquiring an additional 1,295 shares in the last quarter. First Horizon Corp grew its stake in OneSpaWorld by 120.4% during the fourth quarter. First Horizon Corp now owns 1,785 shares of the company's stock valued at $37,000 after acquiring an additional 975 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in OneSpaWorld by 325.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company's stock valued at $40,000 after acquiring an additional 1,478 shares in the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

About OneSpaWorld

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.

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