On Wednesday, OneSpaWorld Holdings Limited stock identified change of 55.24% away from 52-week low price and recently located move of -8.93% off 52-week high price. It has market worth of $968.52M and dividend yield of 1.02%. OSW stock has been recorded -2.36% away from 50 day moving average and 3.39% away from 200 day moving average. Moving closer, we can see that shares have been trading -5.44% off 20-day moving average.
OneSpaWorld Holdings Limited (OSW) recently reported its financial results for its third quarter ended September 30, 2019. The Company noted that its third quarter performance was negatively influenced by Hurricane Dorian and ships that were unpredictablely called out-of-service Because of unplanned dry-docks. Hurricane Dorian’s timing, duration, slow movement, and uncertain path up the eastern seaboard, which closed ports from Miami to Port Canaveral, resulted in negative impacts to both cruise line and destination resort revenues.
Third Quarter 2019 Highlights:
Total revenues increased 2% to $144.9M, or 3% not including the $2.0M negative impact from Hurricane Dorian and unpredictable ships out-of-service, as contrast to $142.6M in the third quarter of fiscal 2018.
Net income attributable to OneSpaWorld was $2.4M as contrast to $2.5M in the third quarter of fiscal 2018.
Adjusted net income was $8.5M, or $9.0M not including the $0.5M negative impact from Hurricane Dorian and unpredictable ships out-of-service, as contrast to $7.3M in the third quarter of fiscal 2018.
Adjusted net income per diluted share totaled $0.11 on 75M diluted shares outstanding, or $0.13 per diluted share, not including; $0.01 per diluted share negative impact of Hurricane Dorian and unpredictable ships out-of-service, and $0.01 per diluted share Because of the increase in the diluted share count versus guidance.
Adjusted EBITDA was $15.4M, or $15.9M not including the $0.5M negative impact from Hurricane Dorian and unpredictable ships out-of- service, as contrast to $14.9M in the third quarter of 2018.
Unlevered after-tax free cash flow increased 4% to $14.1M, or 7% to $14.6M not including the $0.5M negative impact from Hurricane Dorian and ships out-of-service, as contrast to $13.6M in the third quarter of fiscal 2018.
OneSpaWorld Holdings Limited noticed change of 0.26% to $15.71 along volume of 766869 shares in recent session compared to an average volume of 471.7K. OSW’s shares are at 3.90% for the quarter and driving a 54.02% return over the course of the past year and is now at -6.71% since this point in 2018.
Marla Brooks – Financial Analysis
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