OneSpaWorld (NASDAQ:OSW) Price Target Raised to $25.00

OneSpaWorld (NASDAQ:OSW) had its price objective hoisted by equities research analysts at Stifel Nicolaus from $24.00 to $25.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target suggests a potential upside of 28.27% from the stock’s previous close.

Separately, Truist Financial lifted their price target on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

OneSpaWorld Price Performance

OSW stock opened at $19.49 on Wednesday. OneSpaWorld has a 1 year low of $11.98 and a 1 year high of $20.57. The firm has a market capitalization of $2.03 billion, a P/E ratio of 39.78 and a beta of 2.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.29. The business’s 50-day moving average is $19.45 and its two-hundred day moving average is $17.36.

Insider Activity

In related news, Director Walter Field Mclallen sold 18,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the sale, the director now directly owns 170,917 shares of the company’s stock, valued at $3,486,706.80. The trade was a 9.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This represents a 12.09 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 158,906 shares of company stock worth $2,988,120. 5.00% of the stock is currently owned by insiders.

Institutional Trading of OneSpaWorld

Several institutional investors and hedge funds have recently made changes to their positions in OSW. FMR LLC grew its stake in OneSpaWorld by 54.0% during the 3rd quarter. FMR LLC now owns 4,137,525 shares of the company’s stock worth $68,311,000 after buying an additional 1,451,283 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of OneSpaWorld by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,449,472 shares of the company’s stock valued at $37,647,000 after acquiring an additional 29,991 shares during the period. Geode Capital Management LLC raised its position in OneSpaWorld by 6.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,414,363 shares of the company’s stock valued at $39,869,000 after purchasing an additional 141,578 shares during the last quarter. Pinnacle Associates Ltd. raised its position in OneSpaWorld by 3.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 2,374,959 shares of the company’s stock valued at $39,211,000 after purchasing an additional 82,618 shares during the last quarter. Finally, State Street Corp boosted its stake in OneSpaWorld by 3.0% during the 3rd quarter. State Street Corp now owns 2,148,522 shares of the company’s stock worth $35,472,000 after purchasing an additional 61,568 shares during the period. 95.98% of the stock is owned by hedge funds and other 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.