OneSpaWorld Holdings Limited (OSW) shares are trading at higher $7.20 and the avg recommendation for the stock is Strong Buy. while the current analyst price target stands at $10.00.
To add more color to this target, the company’s high over the last year is $17.25 and the low is $2.45. Over the last 52 weeks, OSW is down -53.28% while the S&P 500 is up 19.82%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, OSW reported a profit of $-13.18 million. OneSpaWorld Holdings Limited also saw revenues decrease to $1.0 million. In addition, OSW has free cash flow of -$10.25 million as of 06-2020. The company’s EBITDA came in at -$21.04 million which compares well with its peers.
OSW booked profit margins of -56.70%, its Return on Equity (ROE) is -41.80%, and its Return on Assets is -27.40%. All told, it is clear that, OSW needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. OSW has a short ratio of 10.80 and outstanding shares of 65.92M.
OSW has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.55 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -3.67. OneSpaWorld Holdings Limited OSW also noted assets of $743.83 million at the end of the last quarter. Investors should also keep an eye on sector updates as OSW has historically followed its peers on positive news.
All told, OneSpaWorld Holdings Limited OSW has strung together solid data and demonstrated underlying fundamentals. At its current valuation, OSW represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
OneSpaWorld Holdings Limited OSW is now commanding a market cap of 458.21M and a float of 37.57M. OSW is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of OSW stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in OSW, either long or short, and we have not been compensated for this article.