Stifel Nicolaus Has Lowered Expectations for OneSpaWorld (NASDAQ:OSW) Stock Price

OneSpaWorld (NASDAQ:OSW) had its price target dropped by analysts at Stifel Nicolaus from $27.00 to $26.00 in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 31.85% from the company’s current price.

A number of other research analysts also recently commented on OSW. TD Cowen increased their price objective on shares of OneSpaWorld from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Cowen restated a “buy” rating on shares of OneSpaWorld in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. Wall Street Zen lowered OneSpaWorld from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, Northcoast Research set a $28.00 price objective on OneSpaWorld and gave the company a “buy” rating in a research note on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. Based on data from MarketBeat, OneSpaWorld has an average rating of “Buy” and an average target price of $24.80.

OneSpaWorld Trading Down 2.3%

Shares of OSW opened at $19.72 on Thursday. OneSpaWorld has a one year low of $14.21 and a one year high of $23.49. The stock has a 50-day moving average price of $20.80 and a 200 day moving average price of $21.39. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.09 and a current ratio of 1.84. The company has a market capitalization of $2.01 billion, a P/E ratio of 27.77 and a beta of 1.04.

OneSpaWorld (NASDAQ:OSW) last announced its earnings results on Wednesday, October 29th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. The company had revenue of $258.52 million for the quarter, compared to analyst estimates of $258.41 million. OneSpaWorld had a return on equity of 16.38% and a net margin of 7.90%.OneSpaWorld’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.26 EPS. Sell-side analysts forecast that OneSpaWorld will post 0.9 EPS for the current fiscal year.

Insider Activity at OneSpaWorld

In other news, Director Andrew R. Heyer sold 20,000 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $20.19, for a total transaction of $403,800.00. Following the transaction, the director directly owned 509,817 shares of the company’s stock, valued at approximately $10,293,205.23. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Walter Field Mclallen sold 5,000 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 154,882 shares of the company’s stock, valued at $3,130,165.22. The trade was a 3.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,569 shares of company stock worth $685,827 in the last three months. 3.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On OneSpaWorld

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Aberdeen Group plc acquired a new position in shares of OneSpaWorld in the 4th quarter worth approximately $17,663,000. Diversified Trust Co. boosted its holdings in OneSpaWorld by 12.9% during the fourth quarter. Diversified Trust Co. now owns 20,177 shares of the company’s stock worth $418,000 after buying an additional 2,300 shares in the last quarter. CIBC Private Wealth Group LLC bought a new stake in OneSpaWorld during the third quarter worth approximately $87,000. CIBC Bancorp USA Inc. bought a new stake in OneSpaWorld during the third quarter worth approximately $214,000. Finally, Virtus Advisers LLC grew its position in OneSpaWorld by 742.3% in the third quarter. Virtus Advisers LLC now owns 16,542 shares of the company’s stock worth $350,000 after buying an additional 14,578 shares during the last quarter. 95.98% of the stock is currently owned by 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.