Brokerages Set OneSpaWorld Holdings Limited (NASDAQ:OSW) Price Target at $21.25

OneSpaWorld Holdings Limited (NASDAQ:OSW - Get Free Report) has been given a consensus recommendation of "Buy" by the six brokerages that are covering the company, Marketbeat reports. Six analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $21.25.

A number of research analysts recently issued reports on the company. Truist Financial boosted their price objective on OneSpaWorld from $19.00 to $21.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Stifel Nicolaus boosted their price target on OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a report on Wednesday. Cowen reissued a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Finally, TD Securities lowered their price target on OneSpaWorld from $24.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, May 1st.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock traded up $0.09 during trading hours on Wednesday, reaching $22.21. 561,185 shares of the stock traded hands, compared to its average volume of 445,929. The company has a 50 day moving average price of $20.12 and a 200 day moving average price of $19.19. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 34.70 and a beta of 1.41. OneSpaWorld has a one year low of $14.21 and a one year high of $23.01. The company has a quick ratio of 1.06, a current ratio of 1.73 and a debt-to-equity ratio of 0.17.

OneSpaWorld Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Wednesday, May 21st. OneSpaWorld's payout ratio is currently 25.00%.

Insiders Place Their Bets

In other OneSpaWorld news, Director Walter Field Mclallen sold 2,500 shares of the stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $19.33, for a total value of $48,325.00. Following the completion of the sale, the director directly owned 154,228 shares in the company, valued at approximately $2,981,227.24. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Amalgamated Bank boosted its stake in shares of OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock worth $58,000 after acquiring an additional 631 shares during the last quarter. Bessemer Group Inc. boosted its stake in OneSpaWorld by 41,840.0% during the first quarter. Bessemer Group Inc. now owns 16,776 shares of the company's stock worth $282,000 after buying an additional 16,736 shares during the last quarter. Deutsche Bank AG boosted its stake in OneSpaWorld by 48.3% during the fourth quarter. Deutsche Bank AG now owns 88,588 shares of the company's stock worth $1,763,000 after buying an additional 28,857 shares during the last quarter. Bank of America Corp DE boosted its stake in OneSpaWorld by 4.0% during the fourth quarter. Bank of America Corp DE now owns 473,223 shares of the company's stock worth $9,417,000 after buying an additional 18,207 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in OneSpaWorld by 838.3% during the fourth quarter. Blair William & Co. IL now owns 176,074 shares of the company's stock worth $3,504,000 after buying an additional 157,309 shares during the last quarter. 95.98% of the stock is currently owned by hedge funds and other institutional investors.

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.