OneSpaWorld's Revenue Growth Disconnected From Stock Performance: A Golden Opportunity For Investors, Suggests Analyst
Portfolio Pulse from Nabaparna Bhattacharya
Loop Capital analyst Laura Champine upgraded OneSpaWorld Holdings Limited (NASDAQ:OSW) to a Buy from Hold, with a price target of $13. The company's revenue growth is driven by average weekly revenue per ship, expected to grow by 20% in Q2 and 11% for the entire year. OneSpaWorld has exclusive contracts with major U.S. cruise lines, and its stock performance is disconnected from its fundamentals, creating a solid entry point for investors.
June 21, 2023 | 6:36 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Loop Capital analyst upgrades OneSpaWorld (OSW) to Buy with a $13 price target, citing strong revenue growth and exclusive contracts with major U.S. cruise lines.
The analyst's upgrade to Buy and the $13 price target indicate a positive outlook for OneSpaWorld. The company's strong revenue growth, exclusive contracts with major U.S. cruise lines, and the disconnect between its stock performance and fundamentals create a favorable investment opportunity, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100