OneSpaWorld (NASDAQ:OSW) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Key Points

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OneSpaWorld (NASDAQ:OSW - Get Free Report) had its price objective hoisted by research analysts at Stifel Nicolaus from $23.00 to $25.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a "buy" rating on the stock. Stifel Nicolaus' target price would indicate a potential upside of 14.73% from the stock's previous close.

A number of other research analysts have also weighed in on the stock. Cowen reissued a "buy" rating on shares of OneSpaWorld in a research report on Thursday, May 1st. TD Securities cut their target price 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. William Blair reissued an "outperform" rating on shares of OneSpaWorld in a research report on Wednesday, July 23rd. Finally, Truist Financial boosted their target price on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, OneSpaWorld presently has a consensus rating of "Buy" and an average price target of $22.67.

OneSpaWorld Stock Down 1.5%

Shares of OSW stock traded down $0.33 on Thursday, hitting $21.79. The company's stock had a trading volume of 707,589 shares, compared to its average volume of 434,798. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.73 and a quick ratio of 1.06. OneSpaWorld has a fifty-two week low of $14.21 and a fifty-two week high of $23.17. The firm's fifty day moving average price is $20.45 and its 200-day moving average price is $19.30. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 32.04 and a beta of 1.38.

OneSpaWorld (NASDAQ:OSW - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. OneSpaWorld had a net margin of 7.74% and a return on equity of 15.98%. The business had revenue of $240.73 million during the quarter, compared to analyst estimates of $238.28 million. During the same quarter in the previous year, the business earned $0.20 EPS. OneSpaWorld's quarterly revenue was up 7.0% compared to the same quarter last year. Research analysts anticipate that OneSpaWorld will post 0.9 EPS for the current year.

Insider Activity

In other news, Director Walter Field Mclallen sold 14,189 shares of the business's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $19.35, for a total transaction of $274,557.15. Following the transaction, the director owned 156,728 shares in the company, valued at approximately $3,032,686.80. The trade was a 8.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 5.00% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OSW. American Century Companies Inc. increased its holdings in shares of OneSpaWorld by 6.7% during the 4th quarter. American Century Companies Inc. now owns 217,337 shares of the company's stock worth $4,325,000 after purchasing an additional 13,733 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of OneSpaWorld during the 4th quarter worth about $410,000. LPL Financial LLC bought a new position in shares of OneSpaWorld during the 4th quarter worth about $648,000. Vanguard Group Inc. increased its holdings in shares of OneSpaWorld by 5.2% during the 4th quarter. Vanguard Group Inc. now owns 2,728,953 shares of the company's stock worth $54,306,000 after purchasing an additional 135,923 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of OneSpaWorld by 33.6% during the 4th quarter. JPMorgan Chase & Co. now owns 756,969 shares of the company's stock worth $15,064,000 after purchasing an additional 190,180 shares during the period. Institutional investors own 95.98% of the company's stock.

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.