OneSpaWorld (NASDAQ:OSW) PT Raised to $19.00

OneSpaWorld (NASDAQ:OSW) had its price target upped by TD Cowen from $16.00 to $19.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price indicates a potential upside of 19.12% from the stock’s current price.

OSW has been the topic of several other reports. Stifel Nicolaus increased their price objective on OneSpaWorld from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Loop Capital increased their price objective on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th. Finally, Truist Financial increased their target price on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, June 12th.

OneSpaWorld Trading Down 0.9 %

NASDAQ:OSW traded down $0.14 during trading hours on Thursday, reaching $15.95. 301,211 shares of the stock were exchanged, compared to its average volume of 585,431. The company has a quick ratio of 1.34, a current ratio of 1.85 and a debt-to-equity ratio of 0.27. The business has a 50-day moving average of $15.63 and a two-hundred day moving average of $14.28. OneSpaWorld has a twelve month low of $9.82 and a twelve month high of $17.30. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 58.82 and a beta of 2.14.

OneSpaWorld (NASDAQ:OSW) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The business had revenue of $211.23 million for the quarter, compared to analysts’ expectations of $206.98 million. OneSpaWorld had a return on equity of 13.01% and a net margin of 4.14%. During the same period last year, the firm earned $0.10 earnings per share. On average, equities analysts predict that OneSpaWorld will post 0.72 EPS for the current year.

Insider Activity at OneSpaWorld

In other news, Director Walter Field Mclallen sold 2,500 shares of OneSpaWorld stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $15.23, for a total transaction of $38,075.00. Following the completion of the sale, the director now directly owns 175,486 shares in the company, valued at approximately $2,672,651.78. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Walter Field Mclallen sold 2,500 shares of OneSpaWorld stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $15.23, for a total transaction of $38,075.00. Following the completion of the sale, the director now directly owns 175,486 shares in the company, valued at approximately $2,672,651.78. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Susan Reardon Bonner sold 12,677 shares of OneSpaWorld stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $14.88, for a total transaction of $188,633.76. Following the sale, the insider now owns 308,177 shares of the company’s stock, valued at $4,585,673.76. The disclosure for this sale can be found here. Insiders sold a total of 50,762 shares of company stock worth $755,153 over the last 90 days. Company insiders own 5.00% of the company’s stock.

Institutional Trading of OneSpaWorld

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of OneSpaWorld by 35.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,970,528 shares of the company’s stock valued at $22,109,000 after acquiring an additional 514,137 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of OneSpaWorld by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,553 shares of the company’s stock valued at $529,000 after acquiring an additional 5,449 shares in the last quarter. One Wealth Management Investment & Advisory Services LLC acquired a new position in shares of OneSpaWorld during the 4th quarter valued at $250,000. Semanteon Capital Management LP acquired a new position in shares of OneSpaWorld during the 4th quarter valued at $700,000. Finally, Jackson Creek Investment Advisors LLC acquired a new position in shares of OneSpaWorld during the 4th quarter valued at $1,174,000. 95.98% of the stock is owned by hedge funds and other institutional investors.

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.