ONE Group Hospitality (NASDAQ:STKS) Announces Earnings Results

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) announced its earnings results 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 negative net margin of 2.45% and a positive return on equity of 15.75%. The firm had revenue of $221.88 million during the quarter, compared to analysts' expectations of $217.71 million. ONE Group Hospitality updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

ONE Group Hospitality Stock Up 4.5 %

STKS traded up $0.11 on Friday, hitting $2.56. 24,182 shares of the company were exchanged, compared to its average volume of 89,825. The firm has a 50-day moving average price of $3.23 and a two-hundred day moving average price of $3.33. The company has a current ratio of 0.52, a quick ratio of 0.44 and a debt-to-equity ratio of 6.73. ONE Group Hospitality has a twelve month low of $2.37 and a twelve month high of $6.10. The company has a market cap of $79.46 million, a price-to-earnings ratio of -3.20 and a beta of 2.46.

Hedge Funds 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 - Free Report) by 18.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,782 shares of the restaurant operator's stock after acquiring an additional 5,477 shares during the quarter. Bank of America Corp DE owned approximately 0.11% of ONE Group Hospitality worth $101,000 as of its most recent SEC filing. Institutional investors own 29.14% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research firms recently issued reports on STKS. Wedbush reissued a "neutral" rating and set a $3.50 target price on shares of ONE Group Hospitality in a research note on Tuesday. Stephens reduced their price target on shares of ONE Group Hospitality from $6.00 to $5.00 and set an "overweight" rating on the stock in a research report 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.