OneSpaWorld Holdings Limited (NASDAQ:OSW) Given Consensus Rating of “Buy” by Analysts

Shares of OneSpaWorld Holdings Limited (NASDAQ:OSW) have received a consensus rating of “Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $21.25.

OSW has been the topic of a number of research reports. Cowen reissued a “buy” rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Stifel Nicolaus raised their target price on shares of OneSpaWorld from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, May 23rd. Truist Financial raised their target price on shares of OneSpaWorld from $19.00 to $21.00 and gave the company a “buy” rating in a research note on Monday, June 9th. TD Securities lowered their price target on shares of OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Finally, William Blair reaffirmed an “outperform” rating on shares of OneSpaWorld in a report on Wednesday, July 23rd.

Insider Activity

In other news, Director Walter Field Mclallen sold 14,189 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $19.35, for a total value of $274,557.15. Following the completion of the transaction, the director owned 156,728 shares of the company’s stock, valued at approximately $3,032,686.80. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 5.00% of the company’s stock.

Institutional Trading of OneSpaWorld

A number of hedge funds and other institutional investors have recently made changes to their positions in OSW. Moran Wealth Management LLC raised its holdings in shares of OneSpaWorld by 1.5% in the 2nd quarter. Moran Wealth Management LLC now owns 37,045 shares of the company’s stock worth $755,000 after purchasing an additional 543 shares in the last quarter. Amalgamated Bank raised its holdings in shares of OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock valued at $58,000 after acquiring an additional 631 shares during the period. Sheets Smith Wealth Management raised its holdings in shares of OneSpaWorld by 1.9% during the second quarter. Sheets Smith Wealth Management now owns 34,846 shares of the company’s stock valued at $711,000 after acquiring an additional 647 shares during the period. Summit Investment Advisors Inc. raised its holdings in shares of OneSpaWorld by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 10,511 shares of the company’s stock valued at $209,000 after acquiring an additional 668 shares during the period. Finally, Signaturefd LLC raised its holdings in shares of OneSpaWorld by 139.9% during the fourth quarter. Signaturefd LLC now owns 1,317 shares of the company’s stock valued at $26,000 after acquiring an additional 768 shares during the period. 95.98% of the stock is currently owned by institutional investors.

OneSpaWorld Stock Performance

Shares of OSW stock opened at $21.75 on Wednesday. The company’s fifty day simple moving average is $20.25 and its 200-day simple moving average is $19.24. OneSpaWorld has a 52 week low of $14.21 and a 52 week high of $23.01. The company has a current ratio of 1.73, a quick ratio of 1.06 and a debt-to-equity ratio of 0.17. The company has a market cap of $2.23 billion, a PE ratio of 33.98 and a beta of 1.41.

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.