Wellness on the High Seas: OneSpaWorld’s Rise to Success
OneSpaWorld, a leading health and wellness company, has been making waves in the industry with its luxurious offerings on cruise ships and at resorts worldwide. With a strong presence in Asia and the Caribbean, the Bahamian company has successfully expanded its high-end services, including cryotherapy and LED light facials, to cater to the growing demand for premium wellness experiences.
Cruise Ship Expansion Drives Revenue Growth
The company’s third-quarter earnings for fiscal 2024 saw a significant 12% increase in revenue, reaching $241.7 million, largely driven by the expansion of its cruise ship operations. The average ship count increased to 195, up from 185 a year prior, contributing to the revenue boost.
Land-Based Operations: A Temporary Blip
While the company’s land-based operations experienced a slight decline due to ongoing renovation projects and lower guest counts in certain regions, OneSpaWorld’s overall performance remained strong. The company’s adjusted per-share earnings for the quarter stood at $0.26, and its cash position of $50 million was maintained after share buybacks and dividend payments.
Big Money Investors Bet on OneSpaWorld’s Future
MAPsignals data reveals that institutional investors are heavily invested in OneSpaWorld’s future, with unusually large volumes in OSW shares. This strong investor demand is a testament to the company’s solid fundamental story. The green bars in the chart below indicate unusually large volumes, reflecting our proprietary inflow signal and driving the stock higher.
Fundamental Strength and Institutional Support
OneSpaWorld boasts an impressive track record of strong financial performance, with a 1-year sales growth rate of 45.4% and a 3-year sales growth rate of 114.6%. EPS is estimated to increase by 16.5% this year, making it an attractive investment opportunity. The company’s strong fundamentals, combined with institutional support, make it a compelling stock to investigate.
A Top-Rated Stock with Unusual Buy Pressure
OneSpaWorld has consistently been a top-rated stock at MAPsignals, showcasing unusual buy pressure and growing fundamentals. The company’s ranking process has identified it as a top pick multiple times in the last two years, with the blue bars below indicating its rising popularity.
Tracking Unusual Volumes Reveals Big Money Demand
The OSW rally is not a new phenomenon, with Big Money buying signaling a strong upward trend. Given the historical gains in share price and strong fundamentals, OneSpaWorld could be a valuable addition to a diversified portfolio.
Disclosure
The author holds no position in OSW at the time of publication. If you’re a Registered Investment Advisor (RIA) or a serious investor, learn more about the MAPsignals process to take your investing to the next level.
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