Noble Financial Brokers Lower Earnings Estimates for STKS

Key Points

• Noble Financial lowered its Q3 2026 EPS estimate for ONE Group Hospitality to a loss of $0.52 per share from a projected loss of $0.49. It also forecasts losses of $0.12 per share in Q4 2026 and $0.59 for FY2027.
• Analyst sentiment remains bearish: Zacks Research downgraded STKS from “hold” to “strong sell,” while MarketBeat data shows a consensus “Reduce” rating and an average price target of $4.00.
• ONE Group Hospitality shares opened at $1.68, near their 12-month low of $1.65, with a market capitalization of approximately $53 million. Institutional investors own 29.14% of the company.

The ONE Group Hospitality, Inc. (NASDAQ:STKS - Free Report) - Equities research analysts at Noble Financial reduced their Q3 2026 earnings per share (EPS) estimates for shares of ONE Group Hospitality in a report issued on Thursday, August 6th. Noble Financial analyst J. Gomes now anticipates that the restaurant operator will earn ($0.52) per share for the quarter, down from their previous forecast of ($0.49). The consensus estimate for ONE Group Hospitality's current full-year earnings is ($0.95) per share. Noble Financial also issued estimates for ONE Group Hospitality's Q4 2026 earnings at ($0.12) EPS and FY2027 earnings at ($0.59) EPS.

STKS has been the subject of a number of other research reports. Zacks Research cut shares of ONE Group Hospitality from a "hold" rating to a "strong sell" rating in a report on Thursday. Weiss Ratings restated a "sell (e+)" rating on shares of ONE Group Hospitality in a research note on Friday, July 10th. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $4.00.

ONE Group Hospitality Price Performance

ONE Group Hospitality stock opened at $1.68 on Monday. ONE Group Hospitality has a 12-month low of $1.65 and a 12-month high of $3.38. The business's 50-day moving average price is $1.86 and its two-hundred day moving average price is $1.91. The stock has a market cap of $53.02 million, a PE ratio of -0.44 and a beta of 1.36.

Institutional Investors Weigh In On ONE Group Hospitality

A number of institutional investors have recently made changes to their positions in STKS. Group One Trading LLC increased its stake in shares of ONE Group Hospitality by 18,965.0% in the third quarter. Group One Trading LLC now owns 19,065 shares of the restaurant operator's stock valued at $56,000 after buying an additional 18,965 shares during the period. Squarepoint Ops LLC acquired a new position in shares of ONE Group Hospitality in the third quarter worth approximately $97,000. Bank of America Corp DE lifted its stake 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 acquiring an additional 5,477 shares during the period. Piedmont Capital Management LLC NC acquired a new position in shares of ONE Group Hospitality in the fourth quarter worth approximately $104,000. Finally, Qube Research & Technologies Ltd bought a new stake in ONE Group Hospitality in the second quarter valued at approximately $132,000. Institutional investors own 29.14% of the company's stock.

ONE Group Hospitality News Summary

Here are the key news stories impacting ONE Group Hospitality this week:

• Positive Sentiment: Some near-term estimates improved: Sidoti raised its Q1 2027 EPS forecast to $0.06 from a prior estimate of ($0.04), and increased its Q3 2027 forecast to ($0.25) from ($0.27), suggesting limited improvement in select future periods. Sidoti Forecasts Lower Earnings for ONE Group Hospitality
• Neutral Sentiment: Mixed analyst outlook: Noble Financial projected Q4 2026 EPS of ($0.12), while its FY2027 estimate of ($0.59) remains below breakeven but is broadly in line with the company’s continued expectation of annual losses.
• Negative Sentiment: Sidoti cut several important forecasts: FY2026 EPS was lowered to ($0.95) from ($0.69), and Q3 2026 EPS to ($0.51) from ($0.44). Sidoti also reduced its Q2 2027 forecast from a $0.09 profit to a ($0.08) loss, indicating weaker near-term earnings expectations. Sidoti Forecasts Lower Earnings for ONE Group Hospitality
• Negative Sentiment: Noble Financial also lowered estimates: Its Q3 2026 EPS forecast declined to ($0.52) from ($0.49), and FY2027 EPS to ($0.59) from ($0.56), adding to concerns about sustained losses.
• Negative Sentiment: Rating downgrade adds pressure: Zacks Research moved STKS from “hold” to “strong sell,” a notably bearish signal that may weigh on investor sentiment. ONE Group Hospitality downgraded by Zacks Research

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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