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

ONE Group Hospitality (NASDAQ:STKS) issued its quarterly earnings data on Monday. The restaurant operator reported ($0.03) earnings per share (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%. The company had revenue of $221.88 million for the quarter, compared to the consensus estimate of $217.71 million. ONE Group Hospitality updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

ONE Group Hospitality Trading Down 11.5 %

Shares of ONE Group Hospitality stock opened at $2.54 on Wednesday. The company has a debt-to-equity ratio of 6.73, a quick ratio of 0.44 and a current ratio of 0.52. ONE Group Hospitality has a 52 week low of $2.52 and a 52 week high of $6.10. The stock has a 50 day moving average price of $3.25 and a two-hundred day moving average price of $3.34. The stock has a market capitalization of $78.37 million, a PE ratio of -3.18 and a beta of 2.46.

Institutional Investors Weigh In On ONE Group Hospitality

An institutional investor recently raised its position in ONE Group Hospitality stock. Bank of America Corp DE raised its position in The ONE Group Hospitality, Inc. (NASDAQ:STKS) by 18.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm 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 approximately 0.11% of ONE Group Hospitality worth $101,000 as of its most recent filing with the SEC. 29.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on STKS shares. Stephens lowered their price objective on ONE Group Hospitality from $6.00 to $5.00 and set an “overweight” rating for the company in a research report on Tuesday. Wedbush reaffirmed a “neutral” rating and set a $3.50 target price on shares of ONE Group Hospitality in a research note on Tuesday.

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.