OneSpaWorld (NASDAQ:OSW) Price Target Raised to $21.00

OneSpaWorld (NASDAQ:OSW - Get Free Report) had its price objective raised by research analysts at Truist Financial from $19.00 to $21.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Truist Financial's price objective would indicate a potential upside of 6.77% from the company's current price.

Several other research analysts have also recently weighed in on the stock. Stifel Nicolaus increased their price target on shares of OneSpaWorld from $21.00 to $23.00 and gave the company a "buy" rating in a report on Friday, May 23rd. TD Securities lowered their price objective on shares of OneSpaWorld from $24.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, Cowen restated a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, OneSpaWorld has an average rating of "Buy" and an average target price of $21.25.

OneSpaWorld Stock Performance

Shares of OSW traded up $0.18 during mid-day trading on Monday, reaching $19.67. The company's stock had a trading volume of 235,857 shares, compared to its average volume of 700,552. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld has a 1-year low of $14.21 and a 1-year high of $23.01. The business has a 50-day simple moving average of $17.86 and a two-hundred day simple moving average of $18.96. The stock has a market cap of $2.02 billion, a P/E ratio of 28.11 and a beta of 1.39.

Insiders Place Their Bets

In other news, Director Walter Field Mclallen sold 14,189 shares of the firm's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $19.35, for a total transaction of $274,557.15. Following the completion of the transaction, the director now directly owns 156,728 shares in the company, valued at $3,032,686.80. This trade represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 5.00% of the company's stock.

Institutional Trading of OneSpaWorld

A number of institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new position in OneSpaWorld in the fourth quarter valued at approximately $26,000. Signaturefd LLC boosted its stake in OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company's stock worth $26,000 after acquiring an additional 768 shares in the last quarter. Amalgamated Bank raised its holdings in shares of OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after purchasing an additional 631 shares during the period. Virtus Advisers LLC acquired a new stake in shares of OneSpaWorld in the 1st quarter valued at about $67,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of OneSpaWorld in the 4th quarter valued at about $81,000. 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.

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.