OneSpaWorld Holdings Limited (NASDAQ:OSW – Get Rating) – Investment analysts at William Blair upped their FY2022 earnings per share estimates for OneSpaWorld in a note issued to investors on Monday, January 9th. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $0.15 for the year, up from their prior forecast of $0.10. The consensus estimate for OneSpaWorld's current full-year earnings is $0.10 per share. William Blair also issued estimates for OneSpaWorld's Q4 2022 earnings at $0.10 EPS, Q1 2023 earnings at $0.09 EPS, Q2 2023 earnings at $0.10 EPS, Q3 2023 earnings at $0.11 EPS, Q4 2023 earnings at $0.09 EPS and FY2023 earnings at $0.39 EPS.
Get OneSpaWorld alerts:A number of other equities research analysts have also commented on the company. Truist Financial initiated coverage on OneSpaWorld in a research report on Tuesday, November 1st. They set a "buy" rating and a $12.00 price target on the stock. Cowen initiated coverage on OneSpaWorld in a report on Wednesday, December 14th. They set an "outperform" rating and a $13.00 price objective for the company. Finally, Cowen initiated coverage on OneSpaWorld in a report on Wednesday, December 14th. They set an "outperform" rating and a $13.00 price objective for the company.
OneSpaWorld Trading Up 1.8 %
NASDAQ OSW opened at $10.15 on Wednesday. The firm has a market cap of $938.62 million, a P/E ratio of 30.76 and a beta of 1.87. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.77 and a quick ratio of 1.25. The stock's 50-day moving average is $9.89 and its 200-day moving average is $8.90. OneSpaWorld has a one year low of $6.80 and a one year high of $10.99.OneSpaWorld (NASDAQ:OSW – Get Rating) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.07. The company had revenue of $162.29 million for the quarter, compared to analyst estimates of $133.95 million. OneSpaWorld had a return on equity of 0.15% and a net margin of 9.63%.
Institutional Trading of OneSpaWorld
Several institutional investors and hedge funds have recently added to or reduced their stakes in OSW. Ariel Investments LLC raised its position in shares of OneSpaWorld by 1.5% in the first quarter. Ariel Investments LLC now owns 14,944,734 shares of the company's stock valued at $152,437,000 after purchasing an additional 225,830 shares during the period. Channing Capital Management LLC raised its position in shares of OneSpaWorld by 16.5% in the third quarter. Channing Capital Management LLC now owns 6,131,837 shares of the company's stock valued at $51,507,000 after purchasing an additional 870,595 shares during the period. Franklin Resources Inc. raised its position in shares of OneSpaWorld by 2.1% in the second quarter. Franklin Resources Inc. now owns 5,439,662 shares of the company's stock valued at $39,002,000 after purchasing an additional 112,320 shares during the period. Select Equity Group L.P. raised its position in shares of OneSpaWorld by 51.3% in the first quarter. Select Equity Group L.P. now owns 5,003,277 shares of the company's stock valued at $51,033,000 after purchasing an additional 1,695,375 shares during the period. Finally, FMR LLC increased its position in OneSpaWorld by 6.4% during the second quarter. FMR LLC now owns 4,437,875 shares of the company's stock worth $31,820,000 after acquiring an additional 265,361 shares during the period. 81.96% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, Director Steven J. Heyer sold 41,180 shares of the company's stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $10.38, for a total transaction of $427,448.40. Following the sale, the director now owns 907,242 shares in the company, valued at approximately $9,417,171.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other OneSpaWorld news, Director Steven J. Heyer sold 65,116 shares of the company's stock in a transaction on Wednesday, December 14th. The shares were sold at an average price of $10.18, for a total transaction of $662,880.88. Following the sale, the director now directly owns 836,926 shares of the company's stock, valued at $8,519,906.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven J. Heyer sold 41,180 shares of the company's stock in a transaction on Monday, December 12th. The stock was sold at an average price of $10.38, for a total transaction of $427,448.40. Following the sale, the director now directly owns 907,242 shares in the company, valued at $9,417,171.96. The disclosure for this sale can be found here. Over the last three months, insiders sold 350,116 shares of company stock worth $3,487,080. 9.20% of the stock is owned by corporate insiders.
OneSpaWorld Company Profile
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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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