Stifel raised the firm’s price target on OneSpaWorld to $21 from $20 and keeps a Buy rating on the shares after having hosted the company’s CEO, COO and CFO for a series of investor meetings. The firm notes the company pre-announced Q4 EBITDA of $21.5M at the midpoint, in-line with its estimate, but it believes there were $1.5M-$2.0M in negative headwinds, which prevented another guidance beat and Stifel raised its EBITDA estimates by about 3% per year following the pre-announcement and meetings.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on OSW:
- OneSpaWorld sees FY24 revenue $850M-$870M, consensus $857.29M
- OneSpaWorld reports preliminary FY23 revenue $792M-$797M, consensus $797.58M
- OneSpaWorld reports preliminary Q4 revenue $193M-$198M, consensus $198.36M
- OneSpaWorld price target raised to $16 from $14 at Truist
- OneSpaWorld price target raised to $16 from $13 at Loop Capital