Wedbush Issues Pessimistic Estimate for STKS Earnings

The ONE Group Hospitality, Inc. (NASDAQ:STKS) – Wedbush lowered their Q1 2025 earnings per share estimates for ONE Group Hospitality in a research report issued on Monday, March 10th. Wedbush analyst N. Setyan now forecasts that the restaurant operator will post earnings of ($0.18) per share for the quarter, down from their previous estimate of ($0.03). Wedbush has a “Neutral” rating and a $3.50 price objective on the stock. The consensus estimate for ONE Group Hospitality’s current full-year earnings is ($0.18) per share. Wedbush also issued estimates for ONE Group Hospitality’s Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at ($0.44) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.75) EPS.

Separately, Stephens dropped their price objective on ONE Group Hospitality from $6.00 to $5.00 and set an “overweight” rating for the company in a research note on Tuesday.

ONE Group Hospitality Stock Performance

NASDAQ STKS opened at $2.53 on Thursday. The firm has a market cap of $78.06 million, a price-to-earnings ratio of -3.16 and a beta of 2.46. The company has a quick ratio of 0.44, a current ratio of 0.52 and a debt-to-equity ratio of 6.73. The business has a 50-day moving average price of $3.24 and a 200-day moving average price of $3.33. ONE Group Hospitality has a twelve month low of $2.48 and a twelve month high of $6.10.

ONE Group Hospitality (NASDAQ:STKS) last released its quarterly earnings results on Monday, March 10th. The restaurant operator reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.33). ONE Group Hospitality had a negative net margin of 2.45% and a positive return on equity of 15.75%. The company had revenue of $221.88 million for the quarter, compared to the consensus estimate of $217.71 million.

Institutional Investors Weigh In On ONE Group Hospitality

A number of hedge funds have recently made changes to their positions in STKS. GSA Capital Partners LLP bought a new position in ONE Group Hospitality during the third quarter valued at approximately $54,000. Zacks Investment Management boosted its stake in ONE Group Hospitality by 10.0% during the third quarter. Zacks Investment Management now owns 239,837 shares of the restaurant operator’s stock valued at $883,000 after buying an additional 21,855 shares during the last quarter. Barclays PLC boosted its stake in ONE Group Hospitality by 94.4% during the third quarter. Barclays PLC now owns 46,508 shares of the restaurant operator’s stock valued at $171,000 after buying an additional 22,580 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in ONE Group Hospitality by 53.8% during the third quarter. JPMorgan Chase & Co. now owns 15,713 shares of the restaurant operator’s stock valued at $58,000 after buying an additional 5,497 shares during the last quarter. Finally, Magnus Financial Group LLC bought a new position in ONE Group Hospitality during the fourth quarter valued at approximately $72,000. 29.14% of the stock is currently owned by hedge funds and other 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.