OneSpaWorld (NASDAQ:OSW) Sets New 12-Month High on Analyst Upgrade

OneSpaWorld Holdings Limited (NASDAQ:OSW)’s share price reached a new 52-week high during trading on Tuesday after Truist Financial raised their price target on the stock from $24.00 to $25.00. Truist Financial currently has a buy rating on the stock. OneSpaWorld traded as high as $23.51 and last traded at $23.4950, with a volume of 786298 shares trading hands. The stock had previously closed at $22.70.

A number of other equities analysts also recently issued reports on OSW. Weiss Ratings restated a “buy (b-)” rating on shares of OneSpaWorld in a research report on Monday, December 29th. TD Cowen decreased their target price 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 lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Finally, Stifel Nicolaus dropped their price target 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. One analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to data from MarketBeat, OneSpaWorld presently has an average rating of “Buy” and a consensus price target of $25.00.

Insider Buying and Selling at OneSpaWorld

In other news, CEO Stephen Lazarus sold 8,569 shares of OneSpaWorld stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $21.12, for a total value of $180,977.28. Following the completion of the sale, the chief executive officer owned 351,250 shares in the company, valued at $7,418,400. The trade was a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andrew R. Heyer sold 20,000 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $20.19, for a total transaction of $403,800.00. Following the transaction, the director owned 509,817 shares in the company, valued at $10,293,205.23. The trade was a 3.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 33,569 shares of company stock valued at $685,827. 3.90% of the stock is currently owned by company insiders.

Institutional Trading of OneSpaWorld

Several hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC raised 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 buying an additional 7,398 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of OneSpaWorld by 4.6% during 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 buying an additional 2,612 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of OneSpaWorld by 50.4% during 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 worth $3,577,000 after acquiring an additional 71,420 shares in the last quarter. Intech Investment Management LLC raised its holdings in shares of OneSpaWorld by 80.7% in the 1st quarter. Intech Investment Management LLC now owns 92,702 shares of the company’s stock worth $1,556,000 after acquiring an additional 41,391 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of OneSpaWorld in the 2nd quarter worth about $663,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Stock Performance

The firm has a market cap of $2.38 billion, a P/E ratio of 32.93 and a beta of 1.03. The company has a current ratio of 1.84, a quick ratio of 1.09 and a debt-to-equity ratio of 0.15. The company’s 50-day moving average is $21.00 and its two-hundred day moving average is $21.26.

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.