ONE Group Hospitality (NASDAQ:STKS) Issues Quarterly Earnings Results, Misses Estimates By $0.33 EPS

ONE Group Hospitality (NASDAQ:STKS) posted its quarterly earnings data on Monday. The restaurant operator reported ($0.03) earnings per share 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 Down 3.7 %

ONE Group Hospitality stock traded down $0.11 during midday trading on Monday, hitting $2.87. 103,073 shares of the company’s stock were exchanged, compared to its average volume of 128,476. ONE Group Hospitality has a 12 month low of $2.68 and a 12 month high of $6.10. The company has a debt-to-equity ratio of 6.73, a quick ratio of 0.44 and a current ratio of 0.52. The company has a market cap of $88.55 million, a PE ratio of -3.59 and a beta of 2.46. The firm has a 50-day moving average of $3.26 and a two-hundred day moving average of $3.35.

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 stake in shares of The ONE Group Hospitality, Inc. (NASDAQ:STKS) by 18.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,782 shares of the restaurant operator’s stock after buying 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 & Exchange Commission. 29.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on STKS. Wedbush decreased their price target on ONE Group Hospitality from $5.00 to $3.50 and set a “neutral” rating for the company in a research note on Monday, November 11th. Stephens reiterated an “overweight” rating and set a $6.00 target price on shares of ONE Group Hospitality in a research report on Monday, January 13th.

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.