The ONE Group Hospitality, Inc., a hospitality 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. Its hospitality food and beverage solutions include developing, managing, and operating restaurants, bars, rooftops, pools, banqueting, catering, private dining rooms, room service, and mini bars; and offers hospitality advisory and consulting services. The company operates restaurants primarily under the STK and Kona Grill brands. As of December 31, 2021, it owned, operated, managed, or licensed 60 venues, including 23 STKs and 24 Kona Grills in North America, Europe, and the Middle East, as well as 13 F&B venues in seven hotels and casinos in the United States and Europe. The ONE Group Hospitality, Inc. was founded in 2004 and is headquartered in Denver, Colorado.
ONE Group Hospitality Price Performance
ONE Group Hospitality stock traded down $0.06 on Thursday, reaching $8.71. The company's stock had a trading volume of 570 shares, compared to its average volume of 61,562. ONE Group Hospitality has a twelve month low of $7.00 and a twelve month high of $16.44. The company has a market cap of $284.38 million, a price-to-earnings ratio of 11.69 and a beta of 2.37. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.02. The business's fifty day moving average price is $8.08 and its 200 day moving average price is $9.60.
ONE Group Hospitality (NASDAQ:STKS - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). The firm had revenue of $81.13 million during the quarter, compared to the consensus estimate of $77.46 million. ONE Group Hospitality had a net margin of 8.17% and a return on equity of 35.49%. Equities analysts expect that ONE Group Hospitality will post 0.66 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have commented on the company. Roth Capital started coverage on ONE Group Hospitality in a report on Tuesday, July 19th. They set a "buy" rating and a $13.00 price target on the stock. StockNews.com lowered ONE Group Hospitality from a "buy" rating to a "hold" rating in a report on Monday, August 8th. Finally, TheStreet downgraded shares of ONE Group Hospitality from a "b-" rating to a "c+" rating in a research note on Monday, June 27th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $16.67.