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

Shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS) have earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $4.50.

STKS has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ONE Group Hospitality in a research report on Thursday, January 22nd. Lake Street Capital lowered their price target 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. Finally, Zacks Research upgraded ONE Group Hospitality from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Y Intercept Hong Kong Ltd purchased a new stake in ONE Group Hospitality during the second quarter valued at about $274,000. AdvisorShares Investments LLC bought a new stake in shares of ONE Group Hospitality in the second quarter valued at approximately $170,000. Squarepoint Ops LLC bought a new stake in shares of ONE Group Hospitality in the third quarter valued at approximately $97,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of ONE Group Hospitality during the 3rd quarter valued at approximately $170,000. Finally, Dimensional Fund Advisors LP boosted its holdings in ONE Group Hospitality by 35.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 70,839 shares of the restaurant operator’s stock worth $210,000 after buying an additional 18,435 shares during the period. Institutional investors own 29.14% of the company’s stock.

ONE Group Hospitality Stock Down 6.6%

Shares of NASDAQ:STKS opened at $1.97 on Friday. ONE Group Hospitality has a 1 year low of $1.70 and a 1 year high of $5.26. The company has a market capitalization of $61.27 million, a PE ratio of -0.53, a price-to-earnings-growth ratio of 0.25 and a beta of 1.65. The business has a fifty day moving average price of $2.04 and a two-hundred day moving average price of $2.39. 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 released its earnings results on Thursday, November 6th. The restaurant operator reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.47). The business had revenue of $180.20 million for the quarter, compared to the consensus estimate of $191.29 million. ONE Group Hospitality had a positive return on equity of 181.12% and a negative net margin of 10.21%. Analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current year.

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.