2 weeks Ago By ABMN Staff
Noble Financial upgraded shares of ONE Group Hospitality ( NASDAQ:STKS – Free Report ) to a strong-buy rating in a research note published on Wednesday morning, Marketbeat Ratings reports. Noble Financial also issued estimates for ONE Group Hospitality’s Q1 2025 earnings at ($0.15) EPS, Q2 2025 earnings at ($0.
16) EPS, Q3 2025 earnings at ($0.26) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($0.
61) EPS and FY2026 earnings at ($0.38) EPS. Several other analysts also recently issued reports on the company.
Stephens decreased their target price on ONE Group Hospitality from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 11th.
Northcoast Research started coverage on shares of ONE Group Hospitality in a research report on Friday, April 11th. They set a “buy” rating and a $5.00 target price for the company.
Finally, Wedbush reiterated a “neutral” rating and issued a $3.50 price target on shares of ONE Group Hospitality in a report on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock.
According to data from MarketBeat, ONE Group Hospitality currently has a consensus rating of “Moderate Buy” and a consensus target price of $4.50. Get Our Latest Research Report on STKS ONE Group Hospitality Price Performance ONE Group Hospitality ( NASDAQ:STKS – Get Free Report ) last issued its earnings results on Monday, March 10th.
The restaurant operator reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.
33). The firm had revenue of $221.88 million during the quarter, compared to the consensus estimate of $217.
71 million. ONE Group Hospitality had a positive return on equity of 15.75% and a negative net margin of 2.
45%. As a group, research analysts anticipate that ONE Group Hospitality will post -0.18 earnings per share for the current year.
Insider Activity at ONE Group Hospitality In other news, CFO Tyler Loy purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average cost of $2.55 per share, with a total value of $25,500.
00. Following the purchase, the chief financial officer now owns 220,246 shares in the company, valued at approximately $561,627.30.
This trade represents a 4.76 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink .
19.70% of the stock is currently owned by insiders. Institutional Inflows and Outflows Several institutional investors have recently added to or reduced their stakes in the stock.
Wells Fargo & Company MN raised its stake in ONE Group Hospitality by 51.7% in the fourth quarter. Wells Fargo & Company MN now owns 9,732 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 3,316 shares during the last quarter.
XTX Topco Ltd acquired a new stake in ONE Group Hospitality in the 4th quarter worth approximately $35,000. Stoneridge Investment Partners LLC grew its position in ONE Group Hospitality by 22.6% during the 4th quarter.
Stoneridge Investment Partners LLC now owns 14,574 shares of the restaurant operator’s stock worth $42,000 after purchasing an additional 2,684 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of ONE Group Hospitality by 53.
8% in the third quarter. JPMorgan Chase & Co. now owns 15,713 shares of the restaurant operator’s stock worth $58,000 after buying an additional 5,497 shares during the last quarter.
Finally, Magnus Financial Group LLC acquired a new stake in shares of ONE Group Hospitality during the fourth quarter worth $72,000. Hedge funds and other institutional investors own 29.14% of the company’s stock.
ONE Group Hospitality Company Profile ( 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.
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