TD Cowen Increases OneSpaWorld (NASDAQ:OSW) Price Target to $27.00

OneSpaWorld (NASDAQ:OSW) had its price objective increased by stock analysts at TD Cowen from $26.00 to $27.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s target price indicates a potential upside of 17.65% from the company’s current price.

Other analysts have also recently issued reports about the company. Stifel Nicolaus decreased their price objective on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday, January 15th. Jefferies Financial Group assumed coverage on OneSpaWorld in a report on Tuesday, March 24th. They issued a “buy” rating and a $30.00 target price on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research note on Monday, December 29th. Wall Street Zen downgraded OneSpaWorld from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, Truist Financial lifted their price objective on shares of OneSpaWorld from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, OneSpaWorld has an average rating of “Buy” and an average price target of $26.33.

OneSpaWorld Trading Up 3.1%

NASDAQ OSW opened at $22.95 on Monday. The firm’s fifty day moving average is $21.35 and its two-hundred day moving average is $21.15. OneSpaWorld has a one year low of $14.21 and a one year high of $23.56. 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 firm has a market cap of $2.33 billion, a PE ratio of 33.26 and a beta of 0.99.

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

Institutional Trading of OneSpaWorld

Several hedge funds have recently modified their holdings of OSW. AQR Capital Management LLC grew its holdings in OneSpaWorld by 41.4% during the first quarter. AQR Capital Management LLC now owns 25,286 shares of the company’s stock worth $425,000 after acquiring an additional 7,398 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in OneSpaWorld by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,779 shares of the company’s stock valued at $1,004,000 after acquiring an additional 2,612 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in OneSpaWorld by 50.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,015 shares of the company’s stock valued at $3,577,000 after acquiring an additional 71,420 shares during the period. Intech Investment Management LLC boosted its position in shares of OneSpaWorld by 80.7% during the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after purchasing an additional 41,391 shares in the last quarter. Finally, Swiss National Bank grew its stake in shares of OneSpaWorld by 4.5% during the 2nd quarter. Swiss National Bank now owns 199,900 shares of the company’s stock worth $4,076,000 after purchasing an additional 8,600 shares during the period. 95.98% of the stock is owned by institutional investors and hedge funds.

About OneSpaWorld

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.