ONE Group Hospitality (NASDAQ:STKS) Announces Earnings Results

ONE Group Hospitality (NASDAQ:STKS) announced its quarterly earnings data on Monday. The restaurant operator reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.33), Zacks reports. ONE Group Hospitality had a positive return on equity of 15.75% and a negative net margin of 2.45%. ONE Group Hospitality updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

ONE Group Hospitality Stock Performance

Shares of STKS opened at $2.87 on Tuesday. The company has a 50-day simple moving average of $3.25 and a 200-day simple moving average of $3.35. The company has a quick ratio of 0.44, a current ratio of 0.52 and a debt-to-equity ratio of 6.73. The company has a market capitalization of $88.55 million, a PE ratio of -3.59 and a beta of 2.46. ONE Group Hospitality has a 52-week low of $2.68 and a 52-week high of $6.10.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wedbush cut their price objective on shares of ONE Group Hospitality from $5.00 to $3.50 and set a “neutral” rating for the company in a research report on Monday, November 11th. Stephens restated an “overweight” rating and set a $6.00 price objective on shares of ONE Group Hospitality in a research report on Monday, January 13th.

Hedge Funds Weigh In On ONE Group Hospitality

A hedge fund recently raised its stake in ONE Group Hospitality stock. Bank of America Corp DE boosted its holdings in The ONE Group Hospitality, Inc. (NASDAQ:STKS) by 18.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 34,782 shares of the restaurant operator’s stock after acquiring an additional 5,477 shares during the period. Bank of America Corp DE owned 0.11% of ONE Group Hospitality worth $101,000 as of its most recent filing with the Securities and Exchange Commission. 29.14% of the stock is currently owned by institutional investors and hedge funds.

About ONE Group Hospitality

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.