Stifel Nicolaus Boosts OneSpaWorld (NASDAQ:OSW) Price Target to $22.00

OneSpaWorld (NASDAQ:OSW) had its price target boosted by Stifel Nicolaus from $21.00 to $22.00 in a research note issued to investors on Thursday morning, Benzinga reports. The firm currently has a buy rating on the stock.

Separately, Loop Capital lifted their target price on shares of OneSpaWorld from $16.00 to $17.00 and gave the company a buy rating in a research note on Wednesday, May 15th.

OneSpaWorld Trading Up 0.1 %

OneSpaWorld stock opened at $15.16 on Thursday. The company has a quick ratio of 1.34, a current ratio of 1.85 and a debt-to-equity ratio of 0.27. OneSpaWorld has a 12 month low of $9.82 and a 12 month high of $15.58. The company’s fifty day simple moving average is $13.55 and its 200-day simple moving average is $13.32. The stock has a market cap of $1.52 billion, a P/E ratio of 56.15 and a beta of 2.12.

OneSpaWorld (NASDAQ:OSW) last issued its earnings results on Wednesday, May 1st. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. The company had revenue of $211.23 million for the quarter, compared to analyst estimates of $206.98 million. OneSpaWorld had a return on equity of 13.01% and a net margin of 4.14%. During the same period in the prior year, the firm posted $0.10 EPS. As a group, sell-side analysts forecast that OneSpaWorld will post 0.7 EPS for the current fiscal year.

Insider Transactions at OneSpaWorld

In related news, insider Susan Reardon Bonner sold 12,677 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $14.88, for a total value of $188,633.76. Following the completion of the sale, the insider now directly owns 308,177 shares in the company, valued at approximately $4,585,673.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Andrew R. Heyer sold 9,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $13.00, for a total value of $117,000.00. Following the sale, the director now directly owns 473,145 shares of the company’s stock, valued at $6,150,885. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Susan Reardon Bonner sold 12,677 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $14.88, for a total value of $188,633.76. Following the transaction, the insider now directly owns 308,177 shares of the company’s stock, valued at approximately $4,585,673.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,642 shares of company stock worth $917,402. 6.70% of the stock is owned by corporate insiders.

Institutional Trading of OneSpaWorld

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Interval Partners LP boosted its position in shares of OneSpaWorld by 9.7% in the first quarter. Interval Partners LP now owns 684,279 shares of the company’s stock valued at $9,053,000 after acquiring an additional 60,279 shares during the period. Price T Rowe Associates Inc. MD raised its stake in 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 during the last quarter. Vanguard Group Inc. boosted its holdings in OneSpaWorld by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 2,176,709 shares of the company’s stock valued at $28,798,000 after purchasing an additional 84,423 shares during the period. Picton Mahoney Asset Management grew its position in OneSpaWorld by 12.3% in the 1st quarter. Picton Mahoney Asset Management now owns 698,108 shares of the company’s stock worth $9,235,000 after purchasing an additional 76,692 shares during the last quarter. Finally, Entropy Technologies LP bought a new position in shares of OneSpaWorld during the 1st quarter worth about $221,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

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.