Q3 2024 Earnings Estimate for OneSpaWorld Holdings Limited (NASDAQ:OSW) Issued By William Blair

OneSpaWorld Holdings Limited (NASDAQ:OSW) – Equities research analysts at William Blair dropped their Q3 2024 earnings estimates for OneSpaWorld in a research report issued on Wednesday, April 24th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $0.16 per share for the quarter, down from their prior 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.

Several other research firms have also weighed in on OSW. Stifel Nicolaus boosted 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 target price on shares of OneSpaWorld from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, January 5th.

OneSpaWorld Stock Up 0.1 %

Shares of NASDAQ:OSW opened at $12.53 on Thursday. The company has a current ratio of 1.57, a quick ratio of 0.98 and a debt-to-equity ratio of 0.36. The company has a fifty day simple moving average of $13.02 and a 200 day simple moving average of $12.68. The firm has a market cap of $1.26 billion, a PE ratio of -113.90 and a beta of 2.12. OneSpaWorld has a 12-month low of $9.82 and a 12-month high of $15.12.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). The company had revenue of $194.81 million during the quarter, compared to the consensus estimate of $197.65 million. OneSpaWorld had a positive return on equity of 12.49% and a negative net margin of 0.37%.

Insider Buying and Selling at OneSpaWorld

In other news, Director Maryam Banikarim sold 6,411 shares of the business’s stock in a transaction 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 of the company’s stock, valued at $990,248.55. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Maryam Banikarim sold 6,411 shares of the business’s stock in a transaction 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 of the company’s stock, valued at $990,248.55. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Andrew R. Heyer sold 9,000 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $6,150,885. The disclosure for this sale can be found here. 6.70% of the stock is owned by insiders.

Hedge Funds Weigh In On OneSpaWorld

Hedge funds and other institutional investors have recently modified their holdings of the company. BluePath Capital Management LLC acquired a new stake in OneSpaWorld in the third quarter worth about $37,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in OneSpaWorld in the third quarter worth about $56,000. Allspring Global Investments Holdings LLC lifted its holdings in OneSpaWorld by 125.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 11,603 shares of the company’s stock worth $130,000 after purchasing an additional 6,447 shares during the period. CenterBook Partners LP acquired a new stake in OneSpaWorld in the third quarter worth about $130,000. Finally, Amalgamated Bank lifted its holdings in OneSpaWorld by 10.5% in the third quarter. Amalgamated Bank now owns 12,035 shares of the company’s stock worth $135,000 after purchasing an additional 1,144 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

About OneSpaWorld

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.