The ONE Group Hospitality, Inc. (NASDAQ:STKS) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analysts give ONE Group Hospitality a consensus rating of “Hold” based on five ratings (1 sell, 2 hold, 1 buy, 1 strong buy) with an average 12‑month price target of $4.50.
• The company’s most recent quarter missed expectations—EPS of ($0.20) vs. a $0.26 consensus, revenue $207.01M vs. $210.28M—and shows negative net margin (11.45%) and negative ROE (57%); market cap is ~$54.6M and the stock trades near $1.74 (52‑week range $1.66–$5.26).
• Institutional investors own about 29.14% of the stock, with several funds (Vanguard, CastleKnight, McGowan, Jane Street, Dimensional) recently increasing their positions.

The ONE Group Hospitality, Inc. (NASDAQ:STKS - Get Free Report) has received an average rating of "Hold" from the five ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $4.50.

STKS has been the subject of several research analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of ONE Group Hospitality in a research note on Thursday, January 22nd. Zacks Research raised shares of ONE Group Hospitality from a "strong sell" rating to a "hold" rating in a research note on Thursday, January 1st. Finally, Lake Street Capital cut their price objective on shares of ONE Group Hospitality from $5.00 to $4.00 and set a "buy" rating on the stock in a report on Friday, January 16th.

ONE Group Hospitality Stock Performance

ONE Group Hospitality stock opened at $1.74 on Wednesday. The company has a 50 day moving average price of $1.92 and a 200-day moving average price of $2.08. ONE Group Hospitality has a fifty-two week low of $1.66 and a fifty-two week high of $5.26. The company has a market capitalization of $54.60 million, a PE ratio of -0.43, a P/E/G ratio of 0.21 and a beta of 1.49.

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last posted its quarterly earnings results on Friday, March 13th. The restaurant operator reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.46). ONE Group Hospitality had a negative net margin of 11.45% and a negative return on equity of 57.00%. The company had revenue of $207.01 million for the quarter, compared to the consensus estimate of $210.28 million. On average, analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current year.

Hedge Funds Weigh In On ONE Group Hospitality

Several institutional investors have recently bought and sold shares of the business. CastleKnight Management LP increased its holdings in ONE Group Hospitality by 4.7% during the fourth quarter. CastleKnight Management LP now owns 1,286,991 shares of the restaurant operator's stock valued at $2,252,000 after buying an additional 58,015 shares during the period. Vanguard Group Inc. increased its holdings in ONE Group Hospitality by 1.2% during the third quarter. Vanguard Group Inc. now owns 1,227,751 shares of the restaurant operator's stock valued at $3,634,000 after buying an additional 14,765 shares during the period. McGowan Group Asset Management Inc. increased its holdings in ONE Group Hospitality by 12.7% during the fourth quarter. McGowan Group Asset Management Inc. now owns 945,000 shares of the restaurant operator's stock valued at $1,654,000 after buying an additional 106,665 shares during the period. Jane Street Group LLC increased its holdings in ONE Group Hospitality by 423.5% during the second quarter. Jane Street Group LLC now owns 101,174 shares of the restaurant operator's stock valued at $410,000 after buying an additional 81,848 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in ONE Group Hospitality by 35.2% during the third quarter. Dimensional Fund Advisors LP now owns 70,839 shares of the restaurant operator's stock valued at $210,000 after buying an additional 18,435 shares during the period. 29.14% of the stock is owned by hedge funds and other institutional investors.

About ONE Group Hospitality

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.

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