OneSpaWorld (NASDAQ:OSW) PT Raised to $19.00

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

A number of other equities research analysts have also issued reports on the company. Loop Capital upped their price target on OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, May 15th. 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. 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 Stock Down 0.9 %

Shares of NASDAQ:OSW traded down $0.14 on Thursday, reaching $15.95. The company had a trading volume of 301,211 shares, compared to its average volume of 585,431. OneSpaWorld has a 52-week low of $9.82 and a 52-week high of $17.30. The firm’s 50 day simple moving average is $15.63 and its 200-day simple moving average is $14.28. The company has a current ratio of 1.85, a quick ratio of 1.34 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.60 billion, a PE ratio of 58.82 and a beta of 2.14.

OneSpaWorld (NASDAQ:OSW) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $211.23 million during 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 quarter in the previous year, the firm posted $0.10 EPS. As a group, analysts expect that OneSpaWorld will post 0.72 earnings per share for the current fiscal year.

Insider Transactions at OneSpaWorld

In other OneSpaWorld 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 value of $38,075.00. Following the completion of the sale, the director now directly owns 175,486 shares of the company’s stock, valued at approximately $2,672,651.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other OneSpaWorld news, Director Walter Field Mclallen sold 2,500 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $15.23, for a total value of $38,075.00. Following the transaction, the director now owns 175,486 shares in the company, valued at approximately $2,672,651.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Susan Reardon Bonner sold 35,554 shares of the business’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $14.85, for a total transaction of $527,976.90. Following the completion of the transaction, the insider now owns 272,623 shares in the company, valued at approximately $4,048,451.55. The disclosure for this sale can be found here. Insiders sold a total of 50,762 shares of company stock valued at $755,153 in the last ninety days. Corporate insiders own 5.00% of the company’s stock.

Institutional Investors Weigh In On OneSpaWorld

Institutional investors have recently modified their holdings of the business. Moran Wealth Management LLC lifted its stake in OneSpaWorld by 5.3% during the fourth quarter. Moran Wealth Management LLC now owns 22,240 shares of the company’s stock valued at $314,000 after purchasing an additional 1,114 shares during the last quarter. ProShare Advisors LLC increased its stake in OneSpaWorld by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 14,997 shares of the company’s stock valued at $198,000 after buying an additional 1,181 shares during the period. Sheets Smith Wealth Management raised its holdings in shares of OneSpaWorld by 4.9% during the 4th quarter. Sheets Smith Wealth Management now owns 33,649 shares of the company’s stock valued at $474,000 after purchasing an additional 1,570 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of OneSpaWorld by 20.9% during the 2nd quarter. Principal Financial Group Inc. now owns 13,572 shares of the company’s stock valued at $209,000 after purchasing an additional 2,350 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of OneSpaWorld by 13.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,858 shares of the company’s stock valued at $316,000 after purchasing an additional 2,860 shares in the last quarter. Institutional investors 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.