OneSpaWorld (NASDAQ:OSW) Shares Gap Up to $12.72

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $12.72, but opened at $13.64. OneSpaWorld shares last traded at $13.86, with a volume of 53,968 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages recently commented on OSW. Stifel Nicolaus upped their target price on OneSpaWorld from $20.00 to $21.00 and gave the company a "buy" rating in a report on Wednesday, January 10th. Truist Financial increased their price target on OneSpaWorld from $14.00 to $16.00 and gave the stock a "buy" rating in a report on Friday, January 5th.

OneSpaWorld Trading Up 12.4 %

The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.44 billion, a PE ratio of -130.09 and a beta of 2.12. The firm has a 50 day moving average of $12.92 and a 200 day moving average of $12.75.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.04). OneSpaWorld had a positive return on equity of 12.49% and a negative net margin of 0.37%. The firm had revenue of $194.81 million during the quarter, compared to analysts' expectations of $197.65 million. Equities analysts anticipate that OneSpaWorld Holdings Limited will post 0.65 earnings per share for the current year.

Insider Activity

In other news, Director Maryam Banikarim sold 6,411 shares of the firm's stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $13.07, for a total value of $83,791.77. Following the completion of the sale, the director now directly owns 75,765 shares of the company's stock, valued at approximately $990,248.55. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Andrew R. Heyer sold 9,000 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $13.00, for a total transaction of $117,000.00. Following the transaction, the director now directly owns 473,145 shares of the company's stock, valued at approximately $6,150,885. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Maryam Banikarim sold 6,411 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $13.07, for a total transaction of $83,791.77. Following the completion of the transaction, the director now owns 75,765 shares in the company, valued at approximately $990,248.55. The disclosure for this sale can be found here. Insiders own 6.70% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OSW. BluePath Capital Management LLC bought a new position in shares of OneSpaWorld during the third quarter valued at approximately $37,000. Skandinaviska Enskilda Banken AB publ bought a new position in OneSpaWorld in the third quarter worth about $56,000. Olympiad Research LP purchased a new stake in OneSpaWorld during the fourth quarter valued at approximately $141,000. Principal Financial Group Inc. purchased a new stake in shares of OneSpaWorld during the 1st quarter valued at $148,000. Finally, CenterBook Partners LP purchased a new stake in OneSpaWorld in the third quarter valued at about $130,000. Hedge funds and other institutional investors 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.