OneSpaWorld (NASDAQ:OSW) Raised to “Hold” at Zacks Research

OneSpaWorld (NASDAQ:OSW) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on OSW. Truist Financial increased their price target on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Stifel Nicolaus decreased their target price on shares of OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Finally, TD Cowen reduced their price target on shares of OneSpaWorld from $27.00 to $24.00 and set a “buy” rating on the stock in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $25.00.

OneSpaWorld Trading Down 0.1%

OSW opened at $21.48 on Monday. The stock has a market capitalization of $2.18 billion, a PE ratio of 31.13 and a beta of 0.99. OneSpaWorld has a one year low of $14.21 and a one year high of $23.54. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.91. The business’s 50 day moving average price is $21.06 and its 200 day moving average price is $21.15.

OneSpaWorld (NASDAQ:OSW) last posted its earnings results on Wednesday, February 18th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). OneSpaWorld had a return on equity of 17.08% and a net margin of 7.45%.The business had revenue of $242.13 million for the quarter, compared to analyst estimates of $243.07 million. During the same period last year, the business earned $0.20 EPS. OneSpaWorld’s revenue was up 11.5% compared to the same quarter last year. As a group, equities research analysts expect that OneSpaWorld will post 0.9 EPS for the current year.

Hedge Funds Weigh In On OneSpaWorld

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OSW. Aster Capital Management DIFC Ltd acquired a new position in shares of OneSpaWorld in the third quarter worth $29,000. Brown Brothers Harriman & Co. acquired a new stake in shares of OneSpaWorld in the fourth quarter valued at $31,000. Arax Advisory Partners boosted its holdings in OneSpaWorld by 428.8% in the fourth quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock valued at $33,000 after purchasing an additional 1,295 shares during the period. First Horizon Corp grew its stake in OneSpaWorld by 120.4% during the 4th quarter. First Horizon Corp now owns 1,785 shares of the company’s stock worth $37,000 after purchasing an additional 975 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in OneSpaWorld by 325.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,932 shares of the company’s stock worth $40,000 after purchasing an additional 1,478 shares in the last quarter. Hedge funds and other institutional investors own 95.98% of the company’s stock.

OneSpaWorld Company Profile

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.