OneSpaWorld Holdings Limited (NASDAQ:OSW) Receives $24.20 Consensus Price Target from Brokerages

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have received an average rating of “Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $24.20.

Several brokerages have recently weighed in on OSW. TD Cowen lowered their price target on shares of OneSpaWorld from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, January 20th. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Sunday, November 30th. Stifel Nicolaus dropped their target price on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th.

OneSpaWorld Stock Performance

OSW stock opened at $22.56 on Friday. OneSpaWorld has a 1-year low of $14.21 and a 1-year high of $23.49. The business has a 50-day moving average price of $20.82 and a 200 day moving average price of $21.26. The company has a market capitalization of $2.30 billion, a P/E ratio of 31.77 and a beta of 1.03. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.84 and a quick ratio of 1.09.

Insider Activity at OneSpaWorld

In other news, CEO Stephen Lazarus sold 8,569 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total value of $180,977.28. Following the sale, the chief executive officer directly owned 351,250 shares in the company, valued at approximately $7,418,400. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Walter Field Mclallen sold 5,000 shares of OneSpaWorld stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $20.21, for a total transaction of $101,050.00. Following the completion of the transaction, the director directly owned 154,882 shares in the company, valued at approximately $3,130,165.22. The trade was a 3.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 33,569 shares of company stock valued at $685,827 over the last quarter. 3.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors and hedge funds have recently bought and sold shares of the company. Ariel Investments LLC lifted its holdings in shares of OneSpaWorld by 23.3% during the 2nd quarter. Ariel Investments LLC now owns 13,213,156 shares of the company’s stock valued at $269,416,000 after purchasing an additional 2,499,851 shares during the last quarter. Reinhart Partners LLC. acquired a new position in OneSpaWorld during the 4th quarter valued at about $45,358,000. American Century Companies Inc. raised its stake in OneSpaWorld by 105.5% in the second quarter. American Century Companies Inc. now owns 2,976,478 shares of the company’s stock valued at $60,690,000 after buying an additional 1,528,210 shares during the last quarter. First Trust Advisors LP boosted its holdings in OneSpaWorld by 45.6% in the third quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock worth $65,298,000 after acquiring an additional 966,889 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in shares of OneSpaWorld by 3,988.8% during the third quarter. Bessemer Group Inc. now owns 924,726 shares of the company’s stock worth $19,550,000 after acquiring an additional 902,110 shares during the last quarter. 95.98% of the stock is owned by hedge funds and other institutional investors.

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.