One Group Hospitality (NASDAQ:STKS) has been given a $5.00 target price by equities research analysts at Lake Street Capital in a note issued to investors on Tuesday, The Fly reports. The brokerage presently has a “buy” rating on the restaurant operator’s stock. Lake Street Capital’s target price suggests a potential upside of 63.40% from the stock’s current price.

Separately, ValuEngine raised One Group Hospitality from a “hold” rating to a “buy” rating in a research report on Friday, October 12th.

Shares of One Group Hospitality stock opened at $3.06 on Tuesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.56 and a quick ratio of 0.48. One Group Hospitality has a 12-month low of $1.46 and a 12-month high of $3.68.

One Group Hospitality (NASDAQ:STKS) last announced its earnings results on Monday, November 12th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02). The company had revenue of $19.96 million for the quarter. One Group Hospitality had a negative return on equity of 12.08% and a negative net margin of 1.37%.

In related news, major shareholder David Kanen bought 31,095 shares of the business’s stock in a transaction dated Monday, August 20th. The shares were bought at an average cost of $2.93 per share, with a total value of $91,108.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have bought 87,246 shares of company stock worth $255,305 over the last ninety days. 37.40% of the stock is owned by insiders.

An institutional investor recently bought a new position in One Group Hospitality stock. Penbrook Management LLC purchased a new stake in shares of One Group Hospitality Inc (NASDAQ:STKS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 108,900 shares of the restaurant operator’s stock, valued at approximately $384,000. Penbrook Management LLC owned 0.39% of One Group Hospitality at the end of the most recent quarter. Institutional investors own 5.99% of the company’s stock.

One Group Hospitality Company Profile

The ONE Group Hospitality, Inc, a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates in three segments: Owned Restaurants; Owned Food, Beverage and Other; and Managed and Licensed Operations. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.

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