OneSpaWorld (NASDAQ:OSW) Stock Rating Upgraded by Northcoast Research

Key Points

• OneSpaWorld's stock rating was upgraded to a "strong-buy" by Northcoast Research, indicating positive sentiment from analysts.
• The company reported a net revenue of $240.73 million for the last quarter, exceeding expectations, alongside an earnings per share (EPS) of $0.25.
• Insider trading activity included significant sales, with directors selling over 235,763 shares recently, indicating potential caution from insiders regarding future performance.

OneSpaWorld (NASDAQ:OSW - Get Free Report) was upgraded by equities researchers at Northcoast Research to a "strong-buy" rating in a report released on Tuesday,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Stifel Nicolaus upped their price target on OneSpaWorld from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Truist Financial increased their price objective on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Weiss Ratings reiterated a "buy (b)" rating on shares of OneSpaWorld in a research report on Wednesday. Wall Street Zen lowered OneSpaWorld from a "buy" rating to a "hold" rating in a research report on Friday, September 26th. Finally, William Blair reiterated an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $24.00.

OneSpaWorld Stock Performance

NASDAQ OSW opened at $21.26 on Tuesday. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 31.26 and a beta of 1.29. OneSpaWorld has a twelve month low of $14.21 and a twelve month high of $23.28. The company has a current ratio of 1.88, a quick ratio of 1.19 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average of $21.91 and a 200 day moving average of $19.99.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.The business had revenue of $240.73 million during the quarter, compared to analysts' expectations of $238.28 million. During the same quarter in the prior year, the firm earned $0.20 earnings per share. The business's revenue was up 7.0% compared to the same quarter last year. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts anticipate that OneSpaWorld will post 0.9 EPS for the current fiscal year.

Insider Buying and Selling at OneSpaWorld

In related news, Director Andrew R. Heyer sold 31,289 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $21.59, for a total transaction of $675,529.51. Following the sale, the director owned 332,145 shares in the company, valued at $7,171,010.55. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Glenn Fusfield sold 11,057 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $22.59, for a total transaction of $249,777.63. Following the completion of the transaction, the director owned 70,360 shares of the company's stock, valued at approximately $1,589,432.40. This trade represents a 13.58% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 235,763 shares of company stock valued at $5,202,595 over the last three months. Corporate insiders own 3.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Amalgamated Bank boosted its holdings in shares of OneSpaWorld by 22.2% in the first quarter. Amalgamated Bank now owns 3,479 shares of the company's stock valued at $58,000 after acquiring an additional 631 shares in the last quarter. Virtus Advisers LLC bought a new position in shares of OneSpaWorld in the first quarter valued at approximately $67,000. Smartleaf Asset Management LLC boosted its holdings in shares of OneSpaWorld by 27.9% in the first quarter. Smartleaf Asset Management LLC now owns 6,608 shares of the company's stock valued at $109,000 after acquiring an additional 1,443 shares in the last quarter. GAMMA Investing LLC boosted its holdings in OneSpaWorld by 2,005.8% during the first quarter. GAMMA Investing LLC now owns 8,697 shares of the company's stock worth $146,000 after buying an additional 8,284 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in OneSpaWorld by 313.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,274 shares of the company's stock worth $189,000 after buying an additional 7,031 shares in the last quarter. 95.98% of the stock is currently owned by institutional investors.

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.

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