Shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.26 and traded as low as $2.47. ONE Group Hospitality shares last traded at $2.47, with a volume of 161,833 shares.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Zacks Research upgraded ONE Group Hospitality from a "strong sell" rating to a "hold" rating in a report on Thursday, September 18th. Wall Street Zen downgraded ONE Group Hospitality from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Piper Sandler decreased their price objective on 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 research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $4.63.
Get Our Latest Research Report on ONE Group Hospitality
ONE Group Hospitality Stock Performance
The company has a 50-day simple moving average of $2.92 and a two-hundred day simple moving average of $3.26. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 16.52. The firm has a market cap of $78.48 million, a PE ratio of -1.70, a PEG ratio of 0.39 and a beta of 1.98.
ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The restaurant operator reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.03). ONE Group Hospitality had a positive return on equity of 69.82% and a negative net margin of 1.91%.The business had revenue of $203.91 million during the quarter, compared to analysts' expectations of $207.95 million. ONE Group Hospitality has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that The ONE Group Hospitality, Inc. will post -0.18 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider David Kanen sold 160,000 shares of ONE Group Hospitality stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $4.70, for a total value of $752,000.00. Following the completion of the sale, the insider owned 1,823,266 shares of the company's stock, valued at approximately $8,569,350.20. This trade represents a 8.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 350,091 shares of company stock valued at $1,669,918. Company insiders own 19.70% of the company's stock.
Institutional Investors Weigh In On ONE Group Hospitality
Several large investors have recently added to or reduced their stakes in STKS. Empirical Finance LLC purchased a new stake in ONE Group Hospitality in the 2nd quarter worth about $63,000. Quadrature Capital Ltd purchased a new stake in ONE Group Hospitality in the 2nd quarter worth about $100,000. 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 acquiring an additional 5,477 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in ONE Group Hospitality in the 2nd quarter worth about $132,000. Finally, Nuveen LLC purchased a new stake in ONE Group Hospitality in the 1st quarter worth about $153,000. Hedge funds and other institutional investors own 29.14% of the company's stock.
About ONE Group Hospitality
(
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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.
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