Stifel Nicolaus Increases OneSpaWorld (NASDAQ:OSW) Price Target to $25.00

OneSpaWorld (NASDAQ:OSW) had its price target boosted by Stifel Nicolaus from $24.00 to $25.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 28.27% from the company’s previous close.

Separately, Truist Financial upped their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd.

OneSpaWorld Stock Up 1.6 %

Shares of NASDAQ:OSW opened at $19.49 on Wednesday. OneSpaWorld has a 52-week low of $11.98 and a 52-week high of $20.57. The stock has a market cap of $2.03 billion, a P/E ratio of 39.78 and a beta of 2.10. The business has a fifty day moving average of $19.45 and a two-hundred day moving average of $17.36. The company has a quick ratio of 1.29, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

Insider Activity

In other OneSpaWorld news, CFO Stephen Lazarus sold 65,906 shares of OneSpaWorld stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $18.51, for a total transaction of $1,219,920.06. Following the completion of the sale, the chief financial officer now directly owns 490,675 shares in the company, valued at $9,082,394.25. This trade represents a 11.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrew R. Heyer sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total transaction of $1,401,000.00. Following the completion of the transaction, the director now owns 545,432 shares in the company, valued at approximately $10,188,669.76. This represents a 12.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 158,906 shares of company stock valued at $2,988,120 in the last quarter. Insiders own 5.00% of the company’s stock.

Institutional Investors Weigh In On OneSpaWorld

A number of institutional investors have recently modified their holdings of OSW. Morse Asset Management Inc lifted its stake in OneSpaWorld by 8.1% during the 3rd quarter. Morse Asset Management Inc now owns 14,050 shares of the company’s stock worth $232,000 after acquiring an additional 1,050 shares in the last quarter. USA Financial Formulas purchased a new stake in OneSpaWorld during the fourth quarter worth about $36,000. Zacks Investment Management lifted its position in shares of OneSpaWorld by 13.3% during the third quarter. Zacks Investment Management now owns 16,052 shares of the company’s stock worth $265,000 after purchasing an additional 1,881 shares in the last quarter. Emerald Advisers LLC boosted its stake in shares of OneSpaWorld by 3.7% in the third quarter. Emerald Advisers LLC now owns 65,498 shares of the company’s stock valued at $1,081,000 after purchasing an additional 2,310 shares during the period. Finally, Kings Path Partners LLC grew its holdings in shares of OneSpaWorld by 3.2% in the third quarter. Kings Path Partners LLC now owns 77,145 shares of the company’s stock valued at $1,274,000 after purchasing an additional 2,380 shares in the last quarter. 95.98% of the stock is owned by institutional investors and hedge funds.

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.