OneSpaWorld (NASDAQ:OSW) Reaches New 12-Month High – What’s Next?

OneSpaWorld Holdings Limited (NASDAQ:OSW) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $22.10 and last traded at $22.04, with a volume of 951637 shares. The stock had previously closed at $21.64.

Wall Street Analysts Forecast Growth

Several research analysts have commented on OSW shares. Stifel Nicolaus raised their price objective on OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Truist Financial increased their target price on OneSpaWorld from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd.

OneSpaWorld Price Performance

The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.22 billion, a P/E ratio of 43.59 and a beta of 2.10. The firm has a 50-day simple moving average of $19.82 and a 200-day simple moving average of $17.76.

Insider Transactions at OneSpaWorld

In other news, Director Andrew R. Heyer sold 75,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $18.68, for a total value of $1,401,000.00. Following the completion of the sale, the director now owns 545,432 shares of the company’s stock, valued at $10,188,669.76. This trade represents a 12.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Walter Field Mclallen sold 18,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $20.40, for a total value of $367,200.00. Following the completion of the sale, the director now directly owns 170,917 shares of the company’s stock, valued at $3,486,706.80. The trade was a 9.53 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.00% of the company’s stock.

Institutional Trading of OneSpaWorld

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new stake in OneSpaWorld during the 4th quarter worth about $26,000. USA Financial Formulas acquired a new stake in OneSpaWorld during the 4th quarter worth about $36,000. Quarry LP raised its stake in shares of OneSpaWorld by 178.9% during the 2nd quarter. Quarry LP now owns 4,306 shares of the company’s stock valued at $66,000 after buying an additional 2,762 shares during the last quarter. Point72 DIFC Ltd purchased a new position in shares of OneSpaWorld during the 3rd quarter valued at about $81,000. Finally, KBC Group NV purchased a new position in shares of OneSpaWorld during the 4th quarter valued at about $121,000. Institutional investors and hedge funds own 95.98% of the company’s stock.

OneSpaWorld Company Profile

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.