Q4 EPS Estimates for ONE Group Hospitality Reduced by Sidoti

The ONE Group Hospitality, Inc. (NASDAQ:STKS) – Equities researchers at Sidoti cut their Q4 2027 EPS estimates for shares of ONE Group Hospitality in a research note issued to investors on Thursday, May 7th. Sidoti analyst A. Lebiedzinski now forecasts that the restaurant operator will post earnings of $0.45 per share for the quarter, down from their prior forecast of $0.60. The consensus estimate for ONE Group Hospitality’s current full-year earnings is $0.38 per share.

A number of other research firms also recently weighed in on STKS. Zacks Research downgraded ONE Group Hospitality from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Lake Street Capital decreased their price objective on ONE Group Hospitality from $5.00 to $4.00 and set a “buy” rating for the company in a report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ONE Group Hospitality in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $4.50.

ONE Group Hospitality Trading Up 3.1%

Shares of NASDAQ STKS opened at $1.97 on Friday. The firm has a market capitalization of $61.82 million, a P/E ratio of -0.49, a P/E/G ratio of 0.24 and a beta of 1.29. The firm’s 50-day moving average price is $1.82 and its 200-day moving average price is $1.98. ONE Group Hospitality has a 1-year low of $1.65 and a 1-year high of $5.26.

ONE Group Hospitality (NASDAQ:STKS) last posted its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.32). ONE Group Hospitality had a negative return on equity of 8.53% and a negative net margin of 11.15%.The company had revenue of $212.82 million during the quarter, compared to analyst estimates of $218.55 million.

Hedge Funds Weigh In On ONE Group Hospitality

Several institutional investors have recently modified their holdings of STKS. CastleKnight Management LP increased its position in shares of ONE Group Hospitality by 4.7% during the fourth quarter. CastleKnight Management LP now owns 1,286,991 shares of the restaurant operator’s stock valued at $2,252,000 after acquiring an additional 58,015 shares during the last quarter. Vanguard Group Inc. boosted its position in ONE Group Hospitality by 1.2% in the third quarter. Vanguard Group Inc. now owns 1,227,751 shares of the restaurant operator’s stock worth $3,634,000 after purchasing an additional 14,765 shares during the last quarter. McGowan Group Asset Management Inc. grew its stake in ONE Group Hospitality by 12.7% in the 4th quarter. McGowan Group Asset Management Inc. now owns 945,000 shares of the restaurant operator’s stock valued at $1,654,000 after purchasing an additional 106,665 shares during the period. Jane Street Group LLC grew its stake in ONE Group Hospitality by 423.5% in the 2nd quarter. Jane Street Group LLC now owns 101,174 shares of the restaurant operator’s stock valued at $410,000 after purchasing an additional 81,848 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of ONE Group Hospitality by 35.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 70,839 shares of the restaurant operator’s stock valued at $210,000 after purchasing an additional 18,435 shares during the last quarter. 29.14% of the stock is owned by institutional investors.

About ONE Group Hospitality

ONE Group Hospitality Inc is a full-service hospitality company primarily engaged in the development, ownership and operation of upscale restaurant and lounge concepts. The company’s flagship brand, STK, combines a modern steakhouse menu with a high-energy lounge atmosphere, offering signature cuts of beef, fresh seafood, sushi selections, craft cocktails and an extensive wine program. ONE Group’s concept emphasizes a seamless blend of fine dining and nightlife, catering to guests seeking both culinary excellence and an immersive social experience.

Headquartered in El Segundo, California, ONE Group deploys a mixed model of company-owned and franchised locations across multiple markets.