Noble Financial Upgrades ONE Group Hospitality (NASDAQ:STKS) to Strong-Buy

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) was upgraded by equities researchers at Noble Financial to a "strong-buy" rating in a research note issued on Wednesday, MarketBeat Ratings reports. Noble Financial also issued estimates for ONE Group Hospitality's Q1 2025 earnings at ($0.15) EPS, Q2 2025 earnings at ($0.16) EPS, Q3 2025 earnings at ($0.26) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.61) EPS and FY2026 earnings at ($0.38) EPS.

Other research analysts have also recently issued research reports about the stock. Northcoast Research initiated coverage on shares of ONE Group Hospitality in a research report on Friday, April 11th. They issued a "buy" rating and a $5.00 price objective for the company. Stephens reduced their target price on shares of ONE Group Hospitality from $6.00 to $5.00 and set an "overweight" rating for the company in a research note on Tuesday, March 11th. Finally, Wedbush restated a "neutral" rating and set a $3.50 price objective on shares of ONE Group Hospitality in a research note on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, ONE Group Hospitality currently has an average rating of "Moderate Buy" and a consensus price target of $4.50.

ONE Group Hospitality Stock Performance

Shares of ONE Group Hospitality stock traded down $0.02 on Wednesday, reaching $3.01. The stock had a trading volume of 14,072 shares, compared to its average volume of 105,288. The business's 50-day moving average price is $2.90 and its two-hundred day moving average price is $3.15. The company has a debt-to-equity ratio of 6.73, a quick ratio of 0.44 and a current ratio of 0.52. ONE Group Hospitality has a fifty-two week low of $2.37 and a fifty-two week high of $6.10. The stock has a market cap of $93.48 million, a P/E ratio of -3.76 and a beta of 2.10.

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last released its earnings results on Monday, March 10th. The restaurant operator reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.30 by ($0.33). ONE Group Hospitality had a negative net margin of 2.45% and a positive return on equity of 15.75%. The company had revenue of $221.88 million for the quarter, compared to analyst estimates of $217.71 million. On average, sell-side analysts forecast that ONE Group Hospitality will post -0.18 EPS for the current year.

Insider Activity

In other ONE Group Hospitality news, CFO Tyler Loy acquired 10,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was acquired at an average cost of $2.55 per share, for a total transaction of $25,500.00. Following the transaction, the chief financial officer now directly owns 220,246 shares in the company, valued at $561,627.30. This represents a 4.76 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 19.70% of the company's stock.

Institutional Trading of ONE Group Hospitality

Several institutional investors and hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN increased its holdings in ONE Group Hospitality by 51.7% in the 4th quarter. Wells Fargo & Company MN now owns 9,732 shares of the restaurant operator's stock worth $28,000 after purchasing an additional 3,316 shares in the last quarter. XTX Topco Ltd acquired a new position in ONE Group Hospitality in the 4th quarter worth about $35,000. Stoneridge Investment Partners LLC increased its holdings in ONE Group Hospitality by 22.6% in the 4th quarter. Stoneridge Investment Partners LLC now owns 14,574 shares of the restaurant operator's stock worth $42,000 after purchasing an additional 2,684 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in ONE Group Hospitality by 53.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,713 shares of the restaurant operator's stock worth $58,000 after purchasing an additional 5,497 shares in the last quarter. Finally, Magnus Financial Group LLC acquired a new stake in shares of ONE Group Hospitality in the fourth quarter valued at about $72,000. 29.14% of the stock is currently 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.