Stifel lowered the firm’s price target on OneSpaWorld (OSW) to $26 from $27 and keeps a Buy rating on the shares after having hosted the company’s CEO, COO and CFO for investor meetings at the annual ICR Conference. Following the meetings, the firm has lowered its out-year EBITDA estimates by about 2.5% per year to embed some conservatism around onboard spend metrics and made slight changes to the company’s expected ship count.
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Read More on OSW:
- OneSpaWorld: Resilient Fundamentals, Earnings Quality Upgrade, and Capital Returns Support Buy Rating
- OneSpaWorld cuts Q4 revenue view to $239.5M-$244.5M, consensus $2445M
- OneSpaWorld backs Q4 adjusted EBITDA view of $30M-$32M
- OneSpaWorld guides initial FY26 revenue view of $1.01B-$1.03B, consensus $1.04B
- OneSpaWorld announces reorganization of certain international business units