ONE Group Hospitality (STKS) to Release Earnings on Tuesday

ONE Group Hospitality (NASDAQ:STKS) will release its earnings data after the market closes on Tuesday, August 6th. Analysts expect ONE Group Hospitality to post earnings of $0.06 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

ONE Group Hospitality (NASDAQ:STKS) last issued its quarterly earnings results on Tuesday, May 7th. The restaurant operator reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). The company had revenue of $85.00 million during the quarter, compared to analysts’ expectations of $85.97 million. ONE Group Hospitality had a return on equity of 6.18% and a net margin of 0.01%. On average, analysts expect ONE Group Hospitality to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ONE Group Hospitality Stock Performance

STKS traded down $0.28 during midday trading on Monday, reaching $4.33. The company had a trading volume of 55,555 shares, compared to its average volume of 150,757. The company has a quick ratio of 0.55, a current ratio of 0.64 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average of $4.76 and a two-hundred day moving average of $4.71. The company has a market cap of $136.35 million, a P/E ratio of 35.46 and a beta of 2.41. ONE Group Hospitality has a 1 year low of $3.21 and a 1 year high of $7.18.

Insider Buying and Selling at ONE Group Hospitality

In other ONE Group Hospitality news, Director Haydee Olinger purchased 5,740 shares of ONE Group Hospitality stock in a transaction dated Friday, May 31st. The shares were purchased at an average cost of $5.22 per share, for a total transaction of $29,962.80. Following the completion of the acquisition, the director now owns 44,685 shares in the company, valued at approximately $233,255.70. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Eugene M. Bullis bought 19,000 shares of the company’s stock in a transaction on Wednesday, May 22nd. The shares were acquired at an average price of $5.26 per share, with a total value of $99,940.00. Following the transaction, the director now owns 176,200 shares of the company’s stock, valued at $926,812. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Haydee Olinger purchased 5,740 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was acquired at an average price of $5.22 per share, with a total value of $29,962.80. Following the purchase, the director now owns 44,685 shares in the company, valued at $233,255.70. The disclosure for this purchase can be found here. Company insiders own 19.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on STKS. Stephens reaffirmed an “overweight” rating and issued a $9.00 price objective on shares of ONE Group Hospitality in a research note on Wednesday, May 8th. Wedbush increased their price target on ONE Group Hospitality from $5.00 to $6.00 and gave the company a “neutral” rating in a research note on Friday, May 10th. Finally, StockNews.com raised ONE Group Hospitality from a “sell” rating to a “hold” rating in a research note on Friday, April 12th.

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.