ONE Group Hospitality (STKS) Scheduled to Post Earnings on Tuesday

ONE Group Hospitality (NASDAQ:STKS) will post its quarterly earnings results after the market closes on Tuesday, August 6th. Analysts expect ONE Group Hospitality to post earnings of $0.06 per share for the quarter.

ONE Group Hospitality (NASDAQ:STKS) last issued its quarterly earnings data on Tuesday, May 7th. The restaurant operator reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). ONE Group Hospitality had a net margin of 0.01% and a return on equity of 6.18%. The company had revenue of $85.00 million for the quarter, compared to the consensus estimate of $85.97 million. On average, analysts expect ONE Group Hospitality to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ONE Group Hospitality Price Performance

Shares of NASDAQ STKS opened at $4.61 on Friday. ONE Group Hospitality has a fifty-two week low of $3.21 and a fifty-two week high of $7.18. The firm’s 50-day simple moving average is $4.76 and its 200 day simple moving average is $4.71. The company has a quick ratio of 0.55, a current ratio of 0.64 and a debt-to-equity ratio of 1.06. The stock has a market cap of $145.17 million, a P/E ratio of 36.85 and a beta of 2.41.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of ONE Group Hospitality from a “sell” rating to a “hold” rating in a research note on Friday, April 12th. Stephens reaffirmed an “overweight” rating and set a $9.00 target price on shares of ONE Group Hospitality in a report on Wednesday, May 8th. Finally, Wedbush lifted their target price on ONE Group Hospitality from $5.00 to $6.00 and gave the stock a “neutral” rating in a report on Friday, May 10th.

Insider Buying and Selling

In related news, Director Eugene M. Bullis acquired 19,000 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were purchased at an average price of $5.26 per share, for a total transaction of $99,940.00. Following the acquisition, the director now owns 176,200 shares in the company, valued at $926,812. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Haydee Olinger acquired 5,740 shares of the business’s stock in a transaction on Friday, May 31st. The shares were purchased at an average price of $5.22 per share, for a total transaction of $29,962.80. Following the acquisition, the director now owns 44,685 shares in the company, valued at $233,255.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Eugene M. Bullis bought 19,000 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The stock was acquired at an average price of $5.26 per share, for a total transaction of $99,940.00. Following the acquisition, the director now directly owns 176,200 shares in the company, valued at $926,812. The disclosure for this purchase can be found here. 19.70% of the stock is owned by corporate insiders.

ONE Group Hospitality Company Profile

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.