The ONE Group Hospitality, Inc. (NASDAQ:STKS) Receives $4.63 Average PT from Analysts

Shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS) have earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $4.6250.

STKS has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of ONE Group Hospitality in a research note on Wednesday, October 8th. Zacks Research upgraded shares of ONE Group Hospitality from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st.

ONE Group Hospitality Price Performance

Shares of STKS stock opened at $2.04 on Monday. 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 has a 12-month low of $1.70 and a 12-month high of $5.26. The firm has a fifty day moving average of $1.90 and a 200-day moving average of $2.64. The firm has a market capitalization of $63.45 million, a price-to-earnings ratio of -0.55, a price-to-earnings-growth ratio of 0.22 and a beta of 1.63.

ONE Group Hospitality (NASDAQ:STKS) last issued its quarterly earnings data 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 business had revenue of $180.20 million for the quarter, compared to analyst estimates of $191.29 million. On average, equities research analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current year.

Institutional Trading of ONE Group Hospitality

A number of institutional investors have recently modified their holdings of STKS. Group One Trading LLC grew its holdings in shares of ONE Group Hospitality by 18,965.0% during the third 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 in the last quarter. Empirical Finance LLC bought a new position in shares of ONE Group Hospitality during the 2nd quarter worth approximately $63,000. Squarepoint Ops LLC bought a new position in shares of ONE Group Hospitality during the 3rd quarter worth approximately $97,000. Quadrature Capital Ltd acquired a new stake in shares of ONE Group Hospitality in the second quarter valued at approximately $100,000. Finally, Bank of America Corp DE lifted its position in shares of 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 purchasing an additional 5,477 shares in the last quarter. 29.14% of the stock is currently owned by institutional investors.

ONE Group Hospitality Company Profile

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.