OneSpaWorld (NASDAQ:OSW) Upgraded to Buy at Wall Street Zen

Key Points

• OneSpaWorld was upgraded to a "buy" rating by Wall Street Zen, reflecting growing investor confidence in the stock.
• The company's latest earnings report showed a revenue of $240.73 million for the quarter, surpassing consensus estimates and marking a 7.0% year-over-year increase.
• Institutional investors hold 95.98% of OneSpaWorld's stock, indicating strong institutional interest in the company.

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

OSW has been the topic of a number of other reports. Stifel Nicolaus lifted their target price on OneSpaWorld from $23.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Truist Financial lifted their target price on OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Finally, William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $22.67.

OneSpaWorld Trading Down 0.8%

Shares of NASDAQ:OSW opened at $21.96 on Friday. The company has a market cap of $2.26 billion, a P/E ratio of 32.29 and a beta of 1.32. The stock's 50-day moving average is $21.86 and its 200-day moving average is $19.47. OneSpaWorld has a 52-week low of $14.21 and a 52-week high of $23.28. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.19 and a current ratio of 1.88.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $238.28 million. During the same period last year, the business earned $0.20 earnings per share. The firm's revenue for the quarter 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. Equities research analysts predict that OneSpaWorld will post 0.9 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Glenn Fusfield sold 23,116 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $21.57, for a total value of $498,612.12. Following the completion of the transaction, the director directly owned 151,799 shares of the company's stock, valued at approximately $3,274,304.43. This represents a 13.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew R. Heyer sold 31,289 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total transaction of $675,529.51. Following the completion of the transaction, the director directly owned 332,145 shares of the company's stock, valued at approximately $7,171,010.55. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 238,263 shares of company stock valued at $5,250,920. Company insiders own 3.90% of the company's stock.

Hedge Funds Weigh In On OneSpaWorld

Large investors have recently modified their holdings of the business. American Century Companies Inc. boosted its stake in shares of OneSpaWorld by 566.4% during the 1st quarter. American Century Companies Inc. now owns 1,448,268 shares of the company's stock worth $24,316,000 after buying an additional 1,230,931 shares during the last quarter. Amalgamated Bank raised its holdings in shares of OneSpaWorld by 22.2% in the 1st 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. Bessemer Group Inc. raised its holdings in shares of OneSpaWorld by 41,840.0% in the 1st quarter. Bessemer Group Inc. now owns 16,776 shares of the company's stock valued at $282,000 after purchasing an additional 16,736 shares during the period. Deutsche Bank AG raised its holdings in shares of OneSpaWorld by 48.3% in the 4th quarter. Deutsche Bank AG now owns 88,588 shares of the company's stock valued at $1,763,000 after purchasing an additional 28,857 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of OneSpaWorld by 4.0% in the 4th quarter. Bank of America Corp DE now owns 473,223 shares of the company's stock valued at $9,417,000 after purchasing an additional 18,207 shares during the period. 95.98% of the stock is currently owned by institutional investors and hedge funds.

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.

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