OneSpaWorld Holdings Ltd. (OSW) PT Raised to $24 at Loop Capital

Loop Capital analyst Laura Champine raised the price target on OneSpaWorld Holdings Ltd. (NASDAQ: OSW) to $24.00 (from $20.00) while maintaining a Buy rating.

The analyst commented: "We are reiterating our Buy rating and raising our price target on shares of OneSpaWorld from $20 to $24 after rolling our discounted NOPAT model forward by a year. We're cutting our revenue growth estimate for 2025 from 10% to 6% as the company issued guidance for ship growth to be back-end loaded. Our ship growth estimate is unchanged, but now we model most of those new ships entering service in Q4. Weekly revenue per ship grew 7% in Q4, which we see as excellent performance. OSW's balance sheet is also improving with total debt now under $100MM. OSW paid a $4MM dividend in Q4."

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