ONE Group Hospitality (NASDAQ:STKS) Posts Quarterly Earnings Results, Misses Expectations By $0.33 EPS

ONE Group Hospitality (NASDAQ:STKS) issued its quarterly earnings data on Monday. The restaurant operator reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.33), Zacks reports. ONE Group Hospitality had a negative net margin of 2.45% and a positive return on equity of 15.75%. ONE Group Hospitality updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

ONE Group Hospitality Stock Performance

STKS stock traded down $0.11 during midday trading on Monday, reaching $2.87. 103,073 shares of the company’s stock traded hands, compared to its average volume of 128,476. ONE Group Hospitality has a 52 week low of $2.68 and a 52 week high of $6.10. The company has a 50-day moving average price of $3.26 and a two-hundred day moving average price of $3.35. The company has a debt-to-equity ratio of 6.73, a quick ratio of 0.44 and a current ratio of 0.52. The firm has a market capitalization of $88.55 million, a PE ratio of -3.59 and a beta of 2.46.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on STKS shares. Wedbush reduced their target price on ONE Group Hospitality from $5.00 to $3.50 and set a “neutral” rating for the company in a report on Monday, November 11th. Stephens reiterated an “overweight” rating and issued a $6.00 target price on shares of ONE Group Hospitality in a research note on Monday, January 13th.

Hedge Funds Weigh In On ONE Group Hospitality

An institutional investor recently raised its position in ONE Group Hospitality stock. Bank of America Corp DE raised its stake in shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS) by 18.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,782 shares of the restaurant operator’s stock after buying an additional 5,477 shares during the quarter. Bank of America Corp DE owned about 0.11% of ONE Group Hospitality worth $101,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 29.14% of the company’s stock.

ONE Group Hospitality Company Profile

The ONE Group Hospitality, Inc, a restaurant company, develops, owns, operates, manages, and licenses restaurants and lounges worldwide. It operates through STK, Kona Grill, and ONE Hospitality segments. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.