ONE Group Hospitality (NASDAQ:STKS) Earns Neutral Rating from Wedbush

Wedbush reissued their neutral rating on shares of ONE Group Hospitality (NASDAQ:STKS) in a report released on Tuesday morning,Benzinga reports. The firm currently has a $3.50 price target on the restaurant operator’s stock. Wedbush also issued estimates for ONE Group Hospitality’s Q1 2025 earnings at ($0.18) EPS, Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at ($0.44) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.75) EPS, Q1 2026 earnings at ($0.15) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.35) EPS, Q4 2026 earnings at $0.08 EPS and FY2026 earnings at ($0.53) EPS.

Separately, 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.

ONE Group Hospitality Stock Down 3.2 %

NASDAQ STKS opened at $2.45 on Tuesday. The firm has a market cap of $76.05 million, a PE ratio of -3.06 and a beta of 2.46. ONE Group Hospitality has a one year low of $2.37 and a one year high of $6.10. The stock’s 50 day simple moving average is $3.23 and its 200 day simple moving average is $3.33. The company has a debt-to-equity ratio of 6.73, a current ratio of 0.52 and a quick ratio of 0.44.

ONE Group Hospitality (NASDAQ:STKS) last posted its quarterly earnings results on Monday, March 10th. The restaurant operator reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.33). The company had revenue of $221.88 million during the quarter, compared to analyst estimates of $217.71 million. ONE Group Hospitality had a negative net margin of 2.45% and a positive return on equity of 15.75%. As a group, sell-side analysts forecast that ONE Group Hospitality will post -0.18 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ONE Group Hospitality

Several hedge funds and other institutional investors have recently made changes to their positions in STKS. Wells Fargo & Company MN boosted its holdings in 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 purchasing an additional 3,316 shares during the last quarter. XTX Topco Ltd purchased a new position in ONE Group Hospitality during the fourth quarter worth about $35,000. Stoneridge Investment Partners LLC boosted its stake in ONE Group Hospitality by 22.6% in the fourth quarter. Stoneridge Investment Partners LLC now owns 14,574 shares of the restaurant operator’s stock valued at $42,000 after acquiring an additional 2,684 shares during the last quarter. GSA Capital Partners LLP purchased a new position in ONE Group Hospitality in the third quarter valued at about $54,000. Finally, JPMorgan Chase & Co. boosted its stake in ONE Group Hospitality by 53.8% in the third quarter. JPMorgan Chase & Co. now owns 15,713 shares of the restaurant operator’s stock valued at $58,000 after acquiring an additional 5,497 shares during the last quarter. 29.14% of the stock is 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.