OneSpaWorld (NASDAQ:OSW) PT Raised to $17.00

OneSpaWorld (NASDAQ:OSW) had its target price lifted by Truist Financial from $16.00 to $17.00 in a research report sent to investors on Wednesday morning, Benzinga reports. Truist Financial currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on OSW. Stifel Nicolaus raised their target price on OneSpaWorld from $21.00 to $22.00 and gave the company a buy rating in a research report on Thursday, May 23rd. Loop Capital lifted their price objective on OneSpaWorld from $16.00 to $17.00 and gave the stock a buy rating in a report on Wednesday, May 15th.

OneSpaWorld Trading Down 2.0 %

Shares of OneSpaWorld stock opened at $15.05 on Wednesday. OneSpaWorld has a 1 year low of $9.82 and a 1 year high of $16.29. The firm has a market cap of $1.51 billion, a PE ratio of 55.74 and a beta of 2.18. The stock has a fifty day moving average price of $14.26 and a 200-day moving average price of $13.73. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.34.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results 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. OneSpaWorld had a return on equity of 13.01% and a net margin of 4.14%. The firm had revenue of $211.23 million during the quarter, compared to analyst estimates of $206.98 million. During the same period last year, the firm posted $0.10 EPS. Equities research analysts anticipate that OneSpaWorld will post 0.7 EPS for the current year.

Insider Buying and Selling

In related news, insider Susan Reardon Bonner sold 12,677 shares of OneSpaWorld 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 completion of the sale, the insider now owns 308,177 shares of the company’s stock, valued at approximately $4,585,673.76. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 48,262 shares of company stock valued at $717,078. 5.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Interval Partners LP grew its holdings in OneSpaWorld by 9.7% during the 1st quarter. Interval Partners LP now owns 684,279 shares of the company’s stock valued at $9,053,000 after buying an additional 60,279 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position 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 acquiring an additional 2,860 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of OneSpaWorld by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 2,176,709 shares of the company’s stock valued at $28,798,000 after acquiring an additional 84,423 shares during the last quarter. Picton Mahoney Asset Management boosted its position in shares of OneSpaWorld by 12.3% during the 1st quarter. Picton Mahoney Asset Management now owns 698,108 shares of the company’s stock valued at $9,235,000 after acquiring an additional 76,692 shares during the last quarter. Finally, Entropy Technologies LP bought a new stake in shares of OneSpaWorld during the 1st quarter valued at about $221,000. Hedge funds and other 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.