Zacks Research Upgrades ONE Group Hospitality (NASDAQ:STKS) to Hold

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) was upgraded by Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued on Thursday,Zacks.com reports.

Several other research firms also recently weighed in on STKS. Piper Sandler decreased their price objective on 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 cut ONE Group Hospitality from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, ONE Group Hospitality currently has a consensus rating of "Moderate Buy" and a consensus price target of $4.63.

View Our Latest Stock Report on STKS

ONE Group Hospitality Stock Performance

STKS traded down $0.14 during trading on Thursday, reaching $2.47. 161,833 shares of the company's stock were exchanged, compared to its average volume of 68,323. The company has a debt-to-equity ratio of 16.52, a current ratio of 0.35 and a quick ratio of 0.28. The stock has a market capitalization of $76.47 million, a P/E ratio of -1.65, a price-to-earnings-growth ratio of 0.41 and a beta of 1.98. The company's fifty day simple moving average is $2.95 and its 200-day simple moving average is $3.26. ONE Group Hospitality has a 1 year low of $2.37 and a 1 year high of $5.26.

ONE Group Hospitality (NASDAQ:STKS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The restaurant operator reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). The company had revenue of $203.91 million during the quarter, compared to analysts' expectations of $207.95 million. ONE Group Hospitality had a positive return on equity of 69.82% and a negative net margin of 1.91%. ONE Group Hospitality has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict 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 business's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $4.70, for a total transaction of $752,000.00. Following the completion of the transaction, the insider owned 1,823,266 shares in the company, valued at approximately $8,569,350.20. The trade was a 8.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 350,091 shares of company stock worth $1,669,918. Insiders own 25.10% of the company's stock.

Institutional Investors Weigh In On ONE Group Hospitality

Institutional investors and hedge funds have recently modified their holdings of the stock. Empirical Finance LLC purchased a new stake in shares of ONE Group Hospitality during the second quarter valued at $63,000. Quadrature Capital Ltd purchased a new stake in shares of ONE Group Hospitality during the second quarter valued at $100,000. Qube Research & Technologies Ltd acquired a new position in ONE Group Hospitality during the second quarter valued at $132,000. Bank of America Corp DE raised its position in 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 valued at $101,000 after buying an additional 5,477 shares during the period. Finally, AdvisorShares Investments LLC acquired a new position in ONE Group Hospitality in the 2nd quarter worth about $170,000. 29.14% of the stock is owned by institutional investors and hedge funds.

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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