OneSpaWorld Holdings Limited (NASDAQ:OSW) Given Average Rating of "Buy" by Brokerages

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) has been assigned an average recommendation of "Buy" from the six research firms that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $19.60.

Several analysts have recently commented on the company. Stifel Nicolaus reduced their price target on OneSpaWorld from $25.00 to $21.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. TD Securities decreased their target price on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Truist Financial cut their price target on shares of OneSpaWorld from $22.00 to $19.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Finally, Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday.

OneSpaWorld Stock Performance

OSW traded down $0.10 during trading on Tuesday, hitting $18.23. The stock had a trading volume of 26,618 shares, compared to its average volume of 693,505. The firm has a market capitalization of $1.91 billion, a P/E ratio of 25.99 and a beta of 1.36. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.84. OneSpaWorld has a twelve month low of $14.21 and a twelve month high of $23.01. The company's 50-day moving average price is $17.22 and its 200 day moving average price is $18.82.

OneSpaWorld Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Wednesday, May 21st. OneSpaWorld's payout ratio is currently 25.00%.

Institutional Trading of OneSpaWorld

Large investors have recently modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in OneSpaWorld in the 4th quarter valued at approximately $26,000. Signaturefd LLC boosted its stake in shares of OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock valued at $26,000 after acquiring an additional 768 shares during the last quarter. USA Financial Formulas acquired a new stake in shares of OneSpaWorld during the fourth quarter valued at $36,000. Amalgamated Bank increased its position in OneSpaWorld by 22.2% during the 1st quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after purchasing an additional 631 shares in the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in shares of OneSpaWorld during the fourth quarter worth about $81,000. 95.98% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.