Zacks Research upgraded shares of ONE Group Hospitality (NASDAQ:STKS - Free Report) from a strong sell rating to a hold rating in a research note published on Thursday,Zacks.com reports.
Other analysts have also issued research reports about the stock. Wall Street Zen lowered shares of ONE Group Hospitality from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Piper Sandler lowered their price target on ONE Group Hospitality from $6.00 to $5.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $4.63.
Read Our Latest Analysis on STKS
ONE Group Hospitality Trading Up 1.6%
Shares of STKS stock traded up $0.04 during trading on Thursday, hitting $2.51. 52,714 shares of the stock traded hands, compared to its average volume of 109,313. The firm has a market capitalization of $77.71 million, a P/E ratio of -1.67, a price-to-earnings-growth ratio of 0.39 and a beta of 1.98. The company has a debt-to-equity ratio of 16.52, a current ratio of 0.35 and a quick ratio of 0.28. The firm's fifty day moving average price is $2.92 and its 200-day moving average price is $3.26. ONE Group Hospitality has a 52-week low of $2.37 and a 52-week high of $5.26.
ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). The firm had revenue of $203.91 million for the quarter, compared to analysts' expectations of $207.95 million. ONE Group Hospitality had a negative net margin of 1.91% and a positive return on equity of 69.82%. ONE Group Hospitality has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current fiscal year.
Insider Activity at ONE Group Hospitality
In related news, insider David Kanen sold 160,000 shares of the business's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $4.70, for a total transaction of $752,000.00. Following the completion of the transaction, the insider owned 1,823,266 shares in the company, valued at approximately $8,569,350.20. The trade was a 8.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold a total of 350,091 shares of company stock worth $1,669,918 in the last three months. Insiders own 19.70% of the company's stock.
Hedge Funds Weigh In On ONE Group Hospitality
Large investors have recently made changes to their positions in the stock. Nantahala Capital Management LLC increased its stake in ONE Group Hospitality by 1.6% in the 1st quarter. Nantahala Capital Management LLC now owns 2,121,084 shares of the restaurant operator's stock valued at $6,342,000 after purchasing an additional 33,690 shares in the last quarter. General Equity Holdings LP increased its stake in 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. Northern Trust Corp increased its stake in ONE Group Hospitality by 3.5% in the 4th quarter. Northern Trust Corp now owns 190,869 shares of the restaurant operator's stock valued at $554,000 after purchasing an additional 6,520 shares in the last quarter. Jane Street Group LLC increased its stake in ONE Group Hospitality by 423.5% in the 2nd quarter. Jane Street Group LLC now owns 101,174 shares of the restaurant operator's stock valued at $410,000 after purchasing an additional 81,848 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in ONE Group Hospitality in the 1st quarter valued at approximately $252,000. Hedge funds and other institutional investors own 29.14% of the company's stock.
About ONE Group Hospitality
(
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.
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