2 weeks Ago By ABMN Staff
The ONE Group Hospitality, Inc. ( NASDAQ:STKS – Free Report ) – Research analysts at Wedbush lowered their FY2024 earnings per share estimates for ONE Group Hospitality in a research note issued to investors on Monday, November 11th. Wedbush analyst N.
Setyan now expects that the restaurant operator will post earnings per share of ($0.10) for the year, down from their previous estimate of $0.51.
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.
20 per share. Wedbush also issued estimates for ONE Group Hospitality’s Q4 2024 earnings at $0.12 EPS, Q1 2025 earnings at ($0.
03) EPS, Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at ($0.27) EPS, Q4 2025 earnings at $0.
14 EPS and FY2025 earnings at ($0.09) EPS. ONE Group Hospitality ( NASDAQ:STKS – Get Free Report ) last announced its earnings results on Thursday, November 7th.
The restaurant operator reported ($0.30) earnings per share for the quarter. The firm had revenue of $193.
98 million during the quarter, compared to analyst estimates of $217.95 million. ONE Group Hospitality had a negative net margin of 2.
45% and a positive return on equity of 15.75%. View Our Latest Stock Analysis on STKS ONE Group Hospitality Stock Performance Shares of NASDAQ STKS opened at $2.
98 on Wednesday. The company has a debt-to-equity ratio of 6.73, a current ratio of 0.
52 and a quick ratio of 0.44. The company has a market cap of $91.
94 million, a PE ratio of -3.73 and a beta of 2.40.
The company has a 50-day simple moving average of $3.51 and a 200-day simple moving average of $4.24.
ONE Group Hospitality has a 12 month low of $2.96 and a 12 month high of $6.45.
Institutional Investors Weigh In On ONE Group Hospitality Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in ONE Group Hospitality by 0.
6% during the first quarter. Vanguard Group Inc. now owns 1,473,534 shares of the restaurant operator’s stock worth $8,208,000 after purchasing an additional 9,267 shares during the period.
Nantahala Capital Management LLC boosted its holdings in ONE Group Hospitality by 119.6% in the second quarter. Nantahala Capital Management LLC now owns 1,202,528 shares of the restaurant operator’s stock valued at $5,111,000 after acquiring an additional 654,818 shares during the last quarter.
First Eagle Investment Management LLC grew its position in ONE Group Hospitality by 9.6% during the first quarter. First Eagle Investment Management LLC now owns 977,045 shares of the restaurant operator’s stock valued at $5,442,000 after acquiring an additional 85,948 shares during the period.
Meros Investment Management LP increased its stake in ONE Group Hospitality by 1.6% during the second quarter. Meros Investment Management LP now owns 696,382 shares of the restaurant operator’s stock worth $2,960,000 after acquiring an additional 10,954 shares during the last quarter.
Finally, American Century Companies Inc. raised its holdings in shares of ONE Group Hospitality by 60.0% in the 2nd quarter.
American Century Companies Inc. now owns 307,841 shares of the restaurant operator’s stock worth $1,308,000 after purchasing an additional 115,394 shares during the period. 29.
14% of the stock is currently owned by hedge funds and other institutional investors. About ONE Group Hospitality ( Get Free Report ) 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. See Also Receive News & Ratings for ONE Group Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONE Group Hospitality and related companies with MarketBeat.com's FREE daily email newsletter .
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