William Blair Reaffirms "Outperform" Rating for OneSpaWorld (NASDAQ:OSW)

OneSpaWorld (NASDAQ:OSW - Get Free Report)'s stock had its "outperform" rating reissued by equities researchers at William Blair in a note issued to investors on Wednesday,RTT News reports.

A number of other equities research analysts have also weighed in on OSW. Stifel Nicolaus boosted their price objective on shares of OneSpaWorld from $21.00 to $23.00 and gave the stock a "buy" rating in a report on Friday, May 23rd. Truist Financial boosted their price target on shares of OneSpaWorld from $19.00 to $21.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. TD Securities cut their price target 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 reiterated a "buy" rating on shares of OneSpaWorld in a report on Thursday, May 1st. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $21.25.

OneSpaWorld Price Performance

NASDAQ:OSW traded up $0.01 during trading hours on Wednesday, hitting $22.12. 438,953 shares of the company's stock traded hands, compared to its average volume of 458,632. OneSpaWorld has a 52 week low of $14.21 and a 52 week high of $23.01. The business's fifty day simple moving average is $20.07 and its two-hundred day simple moving average is $19.17. The company has a quick ratio of 1.06, a current ratio of 1.73 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.27 billion, a P/E ratio of 34.56 and a beta of 1.41.

Insiders Place Their Bets

In related news, Director Walter Field Mclallen sold 2,500 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $19.33, for a total value of $48,325.00. Following the sale, the director directly owned 154,228 shares of the company's stock, valued at $2,981,227.24. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.00% of the stock is owned by insiders.

Institutional Investors Weigh In On OneSpaWorld

Several institutional investors and hedge funds have recently bought and sold shares of the business. Fenimore Asset Management Inc lifted its position in shares of OneSpaWorld by 0.4% in the 2nd quarter. Fenimore Asset Management Inc now owns 935,555 shares of the company's stock worth $19,076,000 after purchasing an additional 4,188 shares during the period. DAVENPORT & Co LLC raised its stake in OneSpaWorld by 0.5% in the second quarter. DAVENPORT & Co LLC now owns 1,921,094 shares of the company's stock worth $39,243,000 after buying an additional 9,153 shares in the last quarter. Sheets Smith Wealth Management lifted its holdings in OneSpaWorld by 1.9% in the second quarter. Sheets Smith Wealth Management now owns 34,846 shares of the company's stock worth $711,000 after buying an additional 647 shares during the period. Diversified Trust Co boosted its position in OneSpaWorld by 34.6% during the 2nd quarter. Diversified Trust Co now owns 15,277 shares of the company's stock valued at $311,000 after acquiring an additional 3,929 shares in the last quarter. Finally, Voya Investment Management LLC grew its holdings in shares of OneSpaWorld by 17.0% during the 1st quarter. Voya Investment Management LLC now owns 36,157 shares of the company's stock worth $607,000 after acquiring an additional 5,241 shares during the period. Hedge funds and other 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.