OneSpaWorld Holdings Limited Expected to Post Q3 2024 Earnings of $0.16 Per Share (NASDAQ:OSW)

OneSpaWorld Holdings Limited (NASDAQ:OSW) – Stock analysts at William Blair dropped their Q3 2024 earnings per share estimates for OneSpaWorld in a research note issued on Wednesday, April 24th. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $0.16 for the quarter, down from their previous estimate 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) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The business had revenue of $194.81 million for the quarter, compared to analyst estimates of $197.65 million. OneSpaWorld had a positive return on equity of 12.49% and a negative net margin of 0.37%.

Other equities research analysts have also recently issued research reports about the stock. Stifel Nicolaus increased their target price on shares of OneSpaWorld from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Truist Financial boosted their price objective on OneSpaWorld from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, January 5th.

OneSpaWorld Stock Up 0.7 %

Shares of OneSpaWorld stock opened at $12.52 on Thursday. The firm has a fifty day moving average price of $13.07 and a two-hundred day moving average price of $12.68. OneSpaWorld has a fifty-two week low of $9.82 and a fifty-two week high of $15.12. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.57 and a quick ratio of 0.98.

Insider Buying and Selling at OneSpaWorld

In related news, Director Andrew R. Heyer sold 9,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director now owns 473,145 shares in the company, valued at approximately $6,150,885. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other OneSpaWorld news, Director Andrew R. Heyer sold 9,000 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $13.00, for a total transaction of $117,000.00. Following the transaction, the director now directly owns 473,145 shares in the company, valued at approximately $6,150,885. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Maryam Banikarim sold 6,411 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $13.07, for a total transaction of $83,791.77. Following the completion of the transaction, the director now owns 75,765 shares in the company, valued at $990,248.55. The disclosure for this sale can be found here. Corporate insiders own 6.70% of the company’s stock.

Institutional Trading of OneSpaWorld

A number of institutional investors and hedge funds have recently modified their holdings of OSW. Raymond James & Associates grew its holdings in OneSpaWorld by 23.4% during the third quarter. Raymond James & Associates now owns 40,460 shares of the company’s stock valued at $454,000 after purchasing an additional 7,672 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of OneSpaWorld by 12.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 358,245 shares of the company’s stock valued at $4,020,000 after buying an additional 38,579 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of OneSpaWorld by 19.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,477 shares of the company’s stock valued at $219,000 after buying an additional 3,226 shares in the last quarter. BluePath Capital Management LLC acquired a new stake in OneSpaWorld during the 3rd quarter worth $37,000. Finally, Emerald Mutual Fund Advisers Trust bought a new position in OneSpaWorld during the third quarter worth about $1,732,000. 95.98% of the stock is owned by institutional investors.

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.