The ONE Group Hospitality, Inc. (NASDAQ:STKS – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $4.6250.
Several research firms have issued reports on STKS. Piper Sandler lowered their price target on shares of ONE Group Hospitality from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Wednesday, August 6th. Wall Street Zen downgraded ONE Group Hospitality from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Zacks Research downgraded ONE Group Hospitality from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 20th.
Get Our Latest Stock Report on STKS
ONE Group Hospitality Stock Up 1.1%
ONE Group Hospitality (NASDAQ:STKS – Get Free Report) last released its earnings results on Tuesday, August 5th. The restaurant operator reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). ONE Group Hospitality had a negative net margin of 1.91% and a positive return on equity of 69.82%. The business had revenue of $203.91 million during the quarter, compared to the consensus estimate of $207.95 million. ONE Group Hospitality has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current fiscal year.
Insider Transactions at ONE Group Hospitality
In other ONE Group Hospitality news, insider David Kanen sold 160,000 shares of the firm’s stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $4.70, for a total value of $752,000.00. Following the sale, the insider owned 1,823,266 shares of the company’s stock, valued at $8,569,350.20. This trade represents a 8.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders sold 350,091 shares of company stock worth $1,669,918. Corporate insiders own 19.70% of the company’s stock.
Hedge Funds Weigh In On ONE Group Hospitality
Several institutional investors and hedge funds have recently bought and sold shares of STKS. Barclays PLC lifted its holdings in ONE Group Hospitality by 6.7% in the fourth quarter. Barclays PLC now owns 49,634 shares of the restaurant operator’s stock valued at $143,000 after acquiring an additional 3,126 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of ONE Group Hospitality by 51.7% during the fourth quarter. Wells Fargo & Company MN now owns 9,732 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 3,316 shares during the period. Bank of America Corp DE increased its position in shares of ONE Group Hospitality by 18.7% during the fourth quarter. Bank of America Corp DE now owns 34,782 shares of the restaurant operator’s stock worth $101,000 after acquiring an additional 5,477 shares during the period. Northern Trust Corp increased its holdings in ONE Group Hospitality by 3.5% in the fourth quarter. Northern Trust Corp now owns 190,869 shares of the restaurant operator’s stock valued at $554,000 after buying an additional 6,520 shares during the last quarter. Finally, Empirical Finance LLC purchased a new position in ONE Group Hospitality in the second quarter valued at $63,000. 29.14% of the stock is currently owned by institutional investors.
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.
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