OneSpaWorld (NASDAQ:OSW) Stock Price Up 7.8% - Here's Why

Key Points

• Shares jumped 7.8% to about $23.37 on Tuesday despite trading volume being ~63% below average.
• Analysts maintain a consensus Buy rating with a $25.83 average price target and some bulls — including Jefferies — setting targets as high as $30.00.
• OneSpaWorld slightly missed quarterly EPS and revenue (EPS $0.24 vs $0.26 expected; revenue $242.13M vs $243.07M) though revenue was up 11.5% year‑over‑year, and the company announced a $0.05 quarterly dividend (0.9% yield).

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) shares rose 7.8% on Tuesday . The company traded as high as $23.34 and last traded at $23.3650. Approximately 472,059 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 1,276,147 shares. The stock had previously closed at $21.67.

Analysts Set New Price Targets

OSW has been the topic of a number of research analyst reports. Weiss Ratings reissued a "buy (b-)" rating on shares of OneSpaWorld in a report on Monday, December 29th. TD Cowen cut their target price on shares of OneSpaWorld from $27.00 to $24.00 and set a "buy" rating for the company in a research report on Tuesday, January 20th. Wall Street Zen cut OneSpaWorld from a "buy" rating to a "hold" rating in a research note on Sunday, November 30th. Truist Financial raised their price target on OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, February 17th. Finally, Jefferies Financial Group initiated coverage on OneSpaWorld in a research note on Tuesday. They set a "buy" rating and a $30.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $25.83.

OneSpaWorld Stock Performance

The company has a current ratio of 1.91, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15. The company's fifty day moving average is $21.04 and its 200 day moving average is $21.12. The company has a market cap of $2.34 billion, a P/E ratio of 33.47 and a beta of 0.99.

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

OneSpaWorld Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, March 11th. This represents a $0.20 annualized dividend and a yield of 0.9%. OneSpaWorld's dividend payout ratio is currently 28.99%.

Hedge Funds Weigh In On OneSpaWorld

A number of large investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd purchased a new stake in shares of OneSpaWorld during the third quarter valued at approximately $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of OneSpaWorld in the fourth quarter worth $31,000. Arax Advisory Partners increased its stake in shares of OneSpaWorld by 428.8% in the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company's stock worth $33,000 after buying an additional 1,295 shares during the period. First Horizon Corp raised its holdings in OneSpaWorld by 120.4% during the 4th quarter. First Horizon Corp now owns 1,785 shares of the company's stock valued at $37,000 after buying an additional 975 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in OneSpaWorld by 325.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company's stock valued at $40,000 after buying an additional 1,478 shares during 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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