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

Key Points

• The ONE Group Hospitality, Inc. (NASDAQ:STKS) has received a consensus rating of "Moderate Buy" from six brokerages, with an average 1-year price target of $4.6250.
• The company reported earnings of $0.05 per share for the last quarter, missing estimates, and has set negative earnings expectations for the current fiscal year.
• Insider David Kanen sold 160,000 shares recently, indicating a 8.07% decrease in his position, amidst ongoing changes in institutional investor holdings.

The ONE Group Hospitality, Inc. (NASDAQ:STKS - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $4.6250.

A number of equities research analysts have recently issued reports on the stock. Zacks Research downgraded shares of ONE Group Hospitality from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 20th. Wall Street Zen downgraded shares of ONE Group Hospitality from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Piper Sandler decreased their price target on shares of ONE Group Hospitality from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th.

Insider Activity at ONE Group Hospitality

In related news, insider David Kanen sold 160,000 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $4.70, for a total value of $752,000.00. Following the transaction, the insider owned 1,823,266 shares of the company's stock, valued at $8,569,350.20. This represents a 8.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 350,091 shares of company stock valued at $1,669,918. 19.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ONE Group Hospitality

Hedge funds and other institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN raised its holdings in shares of ONE Group Hospitality by 51.7% during the 4th quarter. Wells Fargo & Company MN now owns 9,732 shares of the restaurant operator's stock valued at $28,000 after buying an additional 3,316 shares in the last quarter. Barclays PLC grew its position in ONE Group Hospitality by 6.7% during the fourth quarter. Barclays PLC now owns 49,634 shares of the restaurant operator's stock valued at $143,000 after acquiring an additional 3,126 shares during the last quarter. Northern Trust Corp raised its stake in shares of ONE Group Hospitality by 3.5% during the fourth quarter. Northern Trust Corp now owns 190,869 shares of the restaurant operator's stock worth $554,000 after acquiring an additional 6,520 shares in the last quarter. Jane Street Group LLC raised its stake in shares of ONE Group Hospitality by 205.3% during the fourth quarter. Jane Street Group LLC now owns 65,539 shares of the restaurant operator's stock worth $190,000 after acquiring an additional 44,073 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of 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. 29.14% of the stock is currently owned by hedge funds and other institutional investors.

ONE Group Hospitality Stock Performance

STKS stock traded up $0.03 during midday trading on Tuesday, reaching $2.72. 19,673 shares of the company's stock traded hands, compared to its average volume of 111,362. The firm has a market capitalization of $84.21 million, a PE ratio of -1.81, a price-to-earnings-growth ratio of 0.44 and a beta of 1.98. The company has a 50-day moving average price of $3.43 and a two-hundred day moving average price of $3.31. ONE Group Hospitality has a 52 week low of $2.37 and a 52 week high of $5.26. The company has a debt-to-equity ratio of 16.52, a quick ratio of 0.28 and a current ratio of 0.35.

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last announced its quarterly earnings results 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 negative net margin of 1.91% and a positive return on equity of 69.82%. The company 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 analysts anticipate that ONE Group Hospitality will post -0.18 EPS for the current year.

About ONE Group Hospitality

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.