The ONE Group Hospitality, Inc. (NASDAQ:STKS) Receives $4.63 Consensus Target Price from Brokerages

Shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS) have been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $4.6250.

Several research analysts have weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of ONE Group Hospitality in a report on Wednesday, October 8th. Piper Sandler dropped their target price on shares of ONE Group Hospitality from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Zacks Research downgraded shares of ONE Group Hospitality from a “hold” rating to a “strong sell” rating in a report on Monday, November 3rd. Finally, Wall Street Zen downgraded shares of ONE Group Hospitality from a “hold” rating to a “sell” rating in a report on Saturday, August 9th.

ONE Group Hospitality Trading Down 1.6%

NASDAQ STKS opened at $1.82 on Friday. The stock has a market capitalization of $56.60 million, a P/E ratio of -0.49 and a beta of 2.03. ONE Group Hospitality has a one year low of $1.75 and a one year high of $5.26. The business has a 50 day simple moving average of $2.37 and a 200 day simple moving average of $3.11. The company has a debt-to-equity ratio of 16.52, a current ratio of 0.35 and a quick ratio of 0.29.

ONE Group Hospitality (NASDAQ:STKS) last posted its quarterly earnings results on Thursday, November 6th. The restaurant operator reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.47). ONE Group Hospitality had a positive return on equity of 181.12% and a negative net margin of 10.21%.The company had revenue of $180.20 million during the quarter, compared to analyst estimates of $191.29 million. ONE Group Hospitality has set its FY 2025 guidance at EPS. Research analysts expect that ONE Group Hospitality will post -0.18 earnings per share for the current year.

Institutional Trading of ONE Group Hospitality

A number of hedge funds have recently made changes to their positions in STKS. Bank of America Corp DE boosted its stake in ONE Group Hospitality by 18.7% in the fourth quarter. Bank of America Corp DE now owns 34,782 shares of the restaurant operator’s stock worth $101,000 after buying an additional 5,477 shares in the last quarter. Vanguard Group Inc. raised its holdings in ONE Group Hospitality by 1.2% in the 3rd 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 in the last quarter. Empirical Finance LLC purchased a new position in shares of ONE Group Hospitality during the 2nd quarter worth approximately $63,000. Dimensional Fund Advisors LP grew its position in shares of ONE Group Hospitality by 35.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 70,839 shares of the restaurant operator’s stock worth $210,000 after buying an additional 18,435 shares during the period. Finally, Group One Trading LLC grew its stake in shares of ONE Group Hospitality by 18,965.0% in the 3rd quarter. Group One Trading LLC now owns 19,065 shares of the restaurant operator’s stock worth $56,000 after buying an additional 18,965 shares during the last quarter. 29.14% of the stock is owned by institutional investors.

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.