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The ONE Group Hospitality, Inc. (NASDAQ:STKS) Given Consensus Recommendation of "Moderate Buy" by Brokerages

ONE Group Hospitality logo with Retail/Wholesale background

Key Points

  • ONE Group Hospitality, Inc. has received a consensus recommendation of "Moderate Buy" from analysts, with an average 12-month price target of $4.6250.
  • The company's stock has shown a 4.2% increase recently, trading at $2.46, despite missing quarterly earnings expectations with an EPS of $0.05.
  • Insider David Kanen sold 160,000 shares valued at $752,000, indicating a decrease in his ownership stake by 8.07%.
  • Five stocks to consider instead of ONE Group Hospitality.

The ONE Group Hospitality, Inc. (NASDAQ:STKS - Get Free Report) has earned an average rating of "Moderate Buy" from the six analysts that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $4.6250.

STKS has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of ONE Group Hospitality from a "strong sell" rating to a "hold" rating in a report on Thursday, September 18th. Piper Sandler cut their price objective 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. Finally, Wall Street Zen lowered shares of ONE Group Hospitality from a "hold" rating to a "sell" rating in a report on Saturday, August 9th.

Check Out Our Latest Stock Report on ONE Group Hospitality

ONE Group Hospitality Stock Up 4.2%

Shares of ONE Group Hospitality stock opened at $2.46 on Friday. The company has a fifty day moving average price of $2.80 and a 200 day moving average price of $3.24. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of 16.52. ONE Group Hospitality has a twelve month low of $2.31 and a twelve month high of $5.26. The stock has a market cap of $76.16 million, a price-to-earnings ratio of -1.64, a price-to-earnings-growth ratio of 0.37 and a beta of 1.98.

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The restaurant operator reported $0.05 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $203.91 million during the quarter, compared to analyst estimates of $207.95 million. ONE Group Hospitality has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current fiscal year.

Insider Activity

In other news, insider David Kanen sold 160,000 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $4.70, for a total value of $752,000.00. Following the sale, the insider owned 1,823,266 shares in the company, valued at approximately $8,569,350.20. This represents a 8.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 325,660 shares of company stock valued at $1,557,291. Corporate insiders own 25.10% of the company's stock.

Institutional Investors Weigh In On ONE Group Hospitality

A number of institutional investors have recently modified their holdings of the stock. General Equity Holdings LP raised its stake in shares of ONE Group Hospitality by 37.7% in the 2nd quarter. General Equity Holdings LP now owns 439,107 shares of the restaurant operator's stock valued at $1,778,000 after purchasing an additional 120,164 shares in the last quarter. Bank of America Corp DE raised its stake in ONE Group Hospitality by 14.1% during the second quarter. Bank of America Corp DE now owns 46,040 shares of the restaurant operator's stock worth $186,000 after acquiring an additional 5,699 shares during the period. Jane Street Group LLC raised its stake 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 worth $410,000 after acquiring an additional 81,848 shares during the period. Qube Research & Technologies Ltd acquired a new stake in ONE Group Hospitality during the second quarter worth about $132,000. Finally, Quadrature Capital Ltd acquired a new stake in ONE Group Hospitality during the second quarter worth about $100,000. Institutional investors and hedge funds own 29.14% of the company's stock.

ONE Group Hospitality Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for ONE Group Hospitality (NASDAQ:STKS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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