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

Shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $4.50.

A number of analysts have recently weighed in on STKS shares. Zacks Research upgraded shares of ONE Group Hospitality from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of ONE Group Hospitality in a research report on Thursday, January 22nd. Finally, Lake Street Capital decreased their price target on ONE Group Hospitality from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Friday, January 16th.

ONE Group Hospitality Stock Performance

NASDAQ STKS opened at $2.10 on Friday. The stock has a market capitalization of $65.31 million, a PE ratio of -0.56, a P/E/G ratio of 0.40 and a beta of 1.63. ONE Group Hospitality has a 1-year low of $1.70 and a 1-year high of $5.26. The business has a 50 day simple moving average of $2.03 and a two-hundred day simple moving average of $2.45. The company has a debt-to-equity ratio of 16.52, a current ratio of 0.35 and a quick ratio of 0.29.

ONE Group Hospitality (NASDAQ:STKS) last posted its earnings results on Thursday, November 6th. The restaurant operator reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.47). The business had revenue of $180.20 million during the quarter, compared to analysts’ expectations of $191.29 million. ONE Group Hospitality had a negative net margin of 10.21% and a positive return on equity of 181.12%. On average, research analysts predict that ONE Group Hospitality will post -0.18 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Empirical Finance LLC purchased a new stake in shares of ONE Group Hospitality in the 2nd quarter worth $63,000. Group One Trading LLC increased its holdings in ONE Group Hospitality by 18,965.0% in the third quarter. Group One Trading LLC now owns 19,065 shares of the restaurant operator’s stock valued at $56,000 after buying an additional 18,965 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of ONE Group Hospitality in the second quarter worth about $100,000. Qube Research & Technologies Ltd purchased a new stake in shares of ONE Group Hospitality during the 2nd quarter worth about $132,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of ONE Group Hospitality during the 3rd quarter valued at about $97,000. 29.14% of the stock is currently owned by hedge funds and other institutional investors.

ONE Group Hospitality Company Profile

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.