OneSpaWorld (OSW) Scheduled to Post Quarterly Earnings on Wednesday

OneSpaWorld (NASDAQ:OSW) is scheduled to release its earnings data before the market opens on Wednesday, May 1st. Analysts expect OneSpaWorld to post earnings of $0.14 per share for the quarter. OneSpaWorld has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results on Wednesday, February 28th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04). OneSpaWorld had a positive return on equity of 12.49% and a negative net margin of 0.37%. The business had revenue of $194.81 million during the quarter, compared to analyst estimates of $197.65 million. On average, analysts expect OneSpaWorld to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OneSpaWorld Stock Down 1.8 %

Shares of OSW traded down $0.22 on Thursday, reaching $12.30. The company’s stock had a trading volume of 31,203 shares, compared to its average volume of 544,502. 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 stock has a market capitalization of $1.23 billion, a PE ratio of -111.99 and a beta of 2.12. OneSpaWorld has a twelve month low of $9.82 and a twelve month high of $15.12. The firm has a fifty day moving average of $13.07 and a 200-day moving average of $12.68.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on OSW shares. Stifel Nicolaus raised their price objective on shares of OneSpaWorld from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. Truist Financial upped their price objective 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.

Insider Activity at OneSpaWorld

In other news, Director Maryam Banikarim sold 6,411 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $13.07, for a total value of $83,791.77. Following the completion of the sale, the director now owns 75,765 shares in the company, valued at approximately $990,248.55. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Maryam Banikarim sold 6,411 shares of the business’s 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 approximately $990,248.55. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 9,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $13.00, for a total transaction of $117,000.00. Following the transaction, the director now 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 currently owned by corporate insiders.

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.