Stifel Nicolaus Boosts OneSpaWorld (NASDAQ:OSW) Price Target to $22.00

OneSpaWorld (NASDAQ:OSW) had its target price hoisted by stock analysts at Stifel Nicolaus from $21.00 to $22.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 43.88% from the stock’s current price.

Separately, Loop Capital lifted their target price on shares of OneSpaWorld from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th.

OneSpaWorld Price Performance

OSW traded down $0.06 during midday trading on Thursday, reaching $15.29. 49,100 shares of the company’s stock were exchanged, compared to its average volume of 541,984. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 56.93 and a beta of 2.12. The company has a quick ratio of 1.34, a current ratio of 1.85 and a debt-to-equity ratio of 0.27. OneSpaWorld has a one year low of $9.82 and a one year high of $15.58. The business has a 50-day simple moving average of $13.46 and a two-hundred day simple moving average of $13.24.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results on Wednesday, May 1st. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. OneSpaWorld had a net margin of 4.14% and a return on equity of 13.01%. The company had revenue of $211.23 million during the quarter, compared to analysts’ expectations of $206.98 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. As a group, research analysts predict that OneSpaWorld will post 0.7 EPS for the current year.

Insider Buying and Selling

In related news, insider Susan Reardon Bonner sold 12,677 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $14.88, for a total value of $188,633.76. Following the completion of the transaction, the insider now owns 308,177 shares in the company, valued at approximately $4,585,673.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other OneSpaWorld news, Director Maryam Banikarim sold 6,411 shares of OneSpaWorld stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $13.07, for a total transaction of $83,791.77. Following the completion of the sale, the director now owns 75,765 shares of the company’s stock, valued at approximately $990,248.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Susan Reardon Bonner sold 12,677 shares of OneSpaWorld stock in a transaction on Friday, May 10th. The stock was sold at an average price of $14.88, for a total transaction of $188,633.76. Following the sale, the insider now directly owns 308,177 shares of the company’s stock, valued at approximately $4,585,673.76. The disclosure for this sale can be found here. Insiders sold 63,642 shares of company stock worth $917,402 in the last quarter. Insiders own 6.70% of the company’s stock.

Institutional Trading of OneSpaWorld

A number of institutional investors have recently bought and sold shares of the business. DAVENPORT & Co LLC boosted its stake in OneSpaWorld by 4.7% in the 4th quarter. DAVENPORT & Co LLC now owns 2,224,289 shares of the company’s stock worth $31,362,000 after purchasing an additional 98,877 shares during the period. HighTower Advisors LLC boosted its stake in OneSpaWorld by 59.8% in the 3rd quarter. HighTower Advisors LLC now owns 206,984 shares of the company’s stock worth $2,323,000 after purchasing an additional 77,421 shares during the period. Hsbc Holdings PLC boosted its stake in OneSpaWorld by 20.1% in the 3rd quarter. Hsbc Holdings PLC now owns 26,013 shares of the company’s stock worth $288,000 after purchasing an additional 4,359 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in OneSpaWorld by 36.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 666,200 shares of the company’s stock worth $7,475,000 after purchasing an additional 176,602 shares during the period. Finally, State of New Jersey Common Pension Fund D acquired a new position in OneSpaWorld in the 3rd quarter worth $2,459,000. Institutional investors and hedge funds 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.