Noble Financial Has Negative Outlook for STKS Q4 Earnings

The ONE Group Hospitality, Inc. (NASDAQ:STKS) – Analysts at Noble Financial dropped their Q4 2026 earnings per share estimates for ONE Group Hospitality in a report issued on Monday, November 9th. Noble Financial analyst J. Gomes now forecasts that the restaurant operator will post earnings of ($0.14) per share for the quarter, down from their previous estimate of ($0.12). The consensus estimate for ONE Group Hospitality’s current full-year earnings is ($1.16) per share.

A number of other brokerages have also recently weighed in on STKS. Zacks Research upgraded ONE Group Hospitality from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Piper Sandler decreased their price objective on shares of ONE Group Hospitality from $5.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of ONE Group Hospitality in a research note on Wednesday, November 4th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $4.00.

ONE Group Hospitality Trading Up 4.1%

STKS opened at $1.02 on Thursday. ONE Group Hospitality has a one year low of $0.97 and a one year high of $2.65. The business’s fifty day moving average is $1.41 and its two-hundred day moving average is $1.76.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Nantahala Capital Management LLC acquired a new position in shares of ONE Group Hospitality during the 2nd quarter worth approximately $4,263,379. BlackRock Inc. purchased a new stake in shares of ONE Group Hospitality in the second quarter valued at $905,000. Bank of America Corp DE purchased a new stake in shares of ONE Group Hospitality in the second quarter valued at $51,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of ONE Group Hospitality during the third quarter valued at $45,000. 29.14% of the stock is owned by hedge funds and other institutional investors.

About ONE Group Hospitality

ONE Group Hospitality, Inc. is a hospitality company that develops, owns, operates, manages and licenses upscale and polished-casual restaurants and lounges. Its concepts emphasize high-energy dining, premium food and beverage offerings, and entertainment-oriented guest experiences. The company’s principal brands are STK Steakhouse and Kona Grill. STK combines the traditional steakhouse with a contemporary lounge atmosphere, serving premium steaks, seafood, cocktails and other upscale menu items.