ONE Group Hospitality (NASDAQ:STKS) Issues Earnings Results, Misses Estimates By $2.57 EPS

ONE Group Hospitality (NASDAQ:STKS) announced its quarterly earnings data on Thursday. The restaurant operator reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($2.57), FiscalAI reports. ONE Group Hospitality had a negative net margin of 1.91% and a positive return on equity of 69.82%. The company had revenue of $180.20 million for the quarter, compared to analysts’ expectations of $191.29 million. ONE Group Hospitality updated its FY 2025 guidance to EPS.

ONE Group Hospitality Stock Down 6.7%

STKS stock traded down $0.14 during trading hours on Thursday, hitting $1.96. The company’s stock had a trading volume of 138,423 shares, compared to its average volume of 67,416. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of 16.52. The company has a market capitalization of $60.68 million, a PE ratio of -1.31, a price-to-earnings-growth ratio of 0.35 and a beta of 2.03. ONE Group Hospitality has a 12 month low of $1.86 and a 12 month high of $5.26. The stock has a 50 day moving average price of $2.55 and a two-hundred day moving average price of $3.19.

Institutional Trading of ONE Group Hospitality

Several large investors have recently added to or reduced their stakes in STKS. Jane Street Group LLC boosted its holdings in shares of ONE Group Hospitality by 423.5% during the 2nd quarter. Jane Street Group LLC now owns 101,174 shares of the restaurant operator’s stock worth $410,000 after buying an additional 81,848 shares during the period. Bank of America Corp DE boosted its holdings in shares of ONE Group Hospitality by 14.1% during the 2nd quarter. Bank of America Corp DE now owns 46,040 shares of the restaurant operator’s stock worth $186,000 after buying an additional 5,699 shares during the period. Finally, Qube Research & Technologies Ltd bought a new stake in shares of ONE Group Hospitality during the 2nd quarter worth $132,000. 29.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ONE Group Hospitality in a research report on Wednesday, October 8th. Piper Sandler lowered their price objective on shares of ONE Group Hospitality from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Zacks Research downgraded shares of ONE Group Hospitality from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Wall Street Zen downgraded shares of ONE Group Hospitality from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ONE Group Hospitality presently has an average rating of “Hold” and a consensus price target of $4.63.

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.