Analysts Set The ONE Group Hospitality, Inc. (NASDAQ:STKS) Price Target at $4.63

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

Several brokerages recently commented on STKS. Wall Street Zen downgraded shares of ONE Group Hospitality from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Zacks Research downgraded shares of ONE Group Hospitality from a “hold” rating to a “strong sell” rating in a research note on Monday, November 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of ONE Group Hospitality in a research report on Wednesday, October 8th. Finally, Piper Sandler decreased their price objective on shares of ONE Group Hospitality from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th.

ONE Group Hospitality Stock Up 5.1%

STKS stock opened at $1.86 on Friday. The business has a 50 day moving average of $2.41 and a 200 day moving average of $3.13. The firm has a market cap of $57.85 million, a PE ratio of -0.50 and a beta of 2.03. ONE Group Hospitality has a twelve month low of $1.75 and a twelve month high of $5.26. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 16.52.

ONE Group Hospitality (NASDAQ:STKS) last released its earnings results on Thursday, November 6th. The restaurant operator reported ($0.66) EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $191.29 million. ONE Group Hospitality has set its FY 2025 guidance at EPS. On average, research analysts forecast that ONE Group Hospitality will post -0.18 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of STKS. Bank of America Corp DE increased its holdings in ONE Group Hospitality by 18.7% in the 4th 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. Benjamin Edwards Inc. purchased a new stake in shares of ONE Group Hospitality during the 1st quarter valued at about $252,000. Nuveen LLC purchased a new stake in shares of ONE Group Hospitality during the 1st quarter valued at about $153,000. Nantahala Capital Management LLC grew its stake in shares of ONE Group Hospitality by 1.6% in the first quarter. Nantahala Capital Management LLC now owns 2,121,084 shares of the restaurant operator’s stock worth $6,342,000 after acquiring an additional 33,690 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of ONE Group Hospitality during the second quarter valued at approximately $274,000. 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.