OneSpaWorld (NASDAQ:OSW) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded OneSpaWorld (NASDAQ:OSW) from a "hold" to a "buy" in its latest research note.
• Multiple analysts have also issued positive action — the consensus rating is Buy with a $27.60 consensus target, while firms like Jefferies and Truist have set higher targets (Jefferies $30, Truist $25).
• OneSpaWorld beat quarterly expectations with $0.27 EPS vs. $0.25 expected and revenue of $247.63M (up 12.8% year-over-year), and about 96% institutional ownership of the stock.

OneSpaWorld (NASDAQ:OSW - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

Several other analysts have also recently commented on the stock. Truist Financial lifted their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, February 17th. Zacks Research upgraded shares of OneSpaWorld from a "strong sell" rating to a "hold" rating in a research note on Monday, March 16th. Jefferies Financial Group began coverage on shares of OneSpaWorld in a research note on Tuesday, March 24th. They set a "buy" rating and a $30.00 price objective for the company. Stifel Nicolaus decreased their price objective on shares of OneSpaWorld from $27.00 to $26.00 and set a "buy" rating for the company in a research note on Thursday, January 15th. Finally, TD Cowen lifted their price objective on shares of OneSpaWorld from $27.00 to $29.00 and gave the company a "buy" rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, OneSpaWorld currently has a consensus rating of "Buy" and a consensus target price of $27.60.

OneSpaWorld Stock Performance

Shares of OneSpaWorld stock opened at $25.21 on Friday. The company has a 50 day moving average price of $22.68 and a 200 day moving average price of $21.57. The company has a quick ratio of 1.10, a current ratio of 1.91 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.56 billion, a P/E ratio of 33.61 and a beta of 0.95. OneSpaWorld has a 52 week low of $17.85 and a 52 week high of $25.75.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. OneSpaWorld had a return on equity of 18.11% and a net margin of 7.85%.The business had revenue of $247.63 million for the quarter, compared to analyst estimates of $244.51 million. During the same period in the prior year, the company earned $0.15 earnings per share. The company's revenue was up 12.8% on a year-over-year basis. Sell-side analysts expect that OneSpaWorld will post 1.03 EPS for the current year.

Institutional Trading of OneSpaWorld

Several hedge funds and other institutional investors have recently bought and sold shares of OSW. AQR Capital Management LLC grew its holdings in OneSpaWorld by 41.4% during the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company's stock worth $425,000 after acquiring an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in OneSpaWorld by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company's stock worth $1,004,000 after acquiring an additional 2,612 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in OneSpaWorld by 50.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company's stock worth $3,577,000 after acquiring an additional 71,420 shares during the period. Intech Investment Management LLC grew its holdings in OneSpaWorld by 80.7% during the first quarter. Intech Investment Management LLC now owns 92,702 shares of the company's stock worth $1,556,000 after acquiring an additional 41,391 shares during the period. Finally, Prudential Financial Inc. acquired a new stake in OneSpaWorld during the second quarter worth about $213,000. 95.98% of the stock is owned by institutional investors and hedge funds.

About OneSpaWorld

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.

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