OneSpaWorld (NASDAQ:OSW) Shares Gap Up – What’s Next?

OneSpaWorld Holdings Limited (NASDAQ:OSW)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $20.07, but opened at $21.37. OneSpaWorld shares last traded at $21.0890, with a volume of 662,665 shares.

Wall Street Analyst Weigh In

Several research firms recently weighed in on OSW. Stifel Nicolaus dropped their price target on OneSpaWorld from $27.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, January 15th. TD Cowen dropped their price objective on OneSpaWorld from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of OneSpaWorld in a report on Monday, December 29th. Finally, Wall Street Zen cut shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. One research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. Based on data from MarketBeat, OneSpaWorld has a consensus rating of “Buy” and an average price target of $24.20.

OneSpaWorld Stock Up 3.1%

The stock has a 50-day moving average of $20.60 and a two-hundred day moving average of $21.25. 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 cap of $2.11 billion, a P/E ratio of 29.16 and a beta of 1.03.

Insiders Place Their Bets

In other OneSpaWorld news, Director Walter Field Mclallen sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 154,882 shares in the company, valued at $3,130,165.22. This trade represents a 3.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction that occurred 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 sale, the director directly owned 509,817 shares of the company’s stock, valued at $10,293,205.23. This represents a 3.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 33,569 shares of company stock worth $685,827. Corporate insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On OneSpaWorld

Several institutional investors have recently bought and sold shares of OSW. Ariel Investments LLC lifted its position in shares of OneSpaWorld by 23.3% during the 2nd quarter. Ariel Investments LLC now owns 13,213,156 shares of the company’s stock worth $269,416,000 after buying an additional 2,499,851 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of OneSpaWorld by 45.6% during the third quarter. First Trust Advisors LP now owns 3,088,830 shares of the company’s stock worth $65,298,000 after purchasing an additional 966,889 shares during the last quarter. American Century Companies Inc. increased its position in shares of OneSpaWorld by 2.7% during the third quarter. American Century Companies Inc. now owns 3,055,737 shares of the company’s stock worth $64,598,000 after purchasing an additional 79,259 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of OneSpaWorld by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 3,017,136 shares of the company’s stock valued at $62,575,000 after purchasing an additional 89,191 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of OneSpaWorld by 0.4% in the 2nd quarter. Raymond James Financial Inc. now owns 2,525,357 shares of the company’s stock valued at $51,492,000 after purchasing an additional 10,807 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.