Wedbush reissued their neutral rating on shares of ONE Group Hospitality (NASDAQ:STKS – Free Report) in a research report report published on Tuesday morning,Benzinga reports. The firm currently has a $3.50 target price on the restaurant operator’s stock. Wedbush also issued estimates for ONE Group Hospitality’s Q1 2025 earnings at ($0.18) EPS, Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at ($0.44) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.75) EPS, Q1 2026 earnings at ($0.15) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at ($0.35) EPS, Q4 2026 earnings at $0.08 EPS and FY2026 earnings at ($0.53) EPS.
Separately, Stephens reaffirmed an “overweight” rating and issued a $6.00 target price on shares of ONE Group Hospitality in a research report on Monday, January 13th.
Get Our Latest Analysis on ONE Group Hospitality
ONE Group Hospitality Stock Performance
ONE Group Hospitality (NASDAQ:STKS – Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The restaurant operator reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.30 by ($0.33). The firm had revenue of $221.88 million for the quarter, compared to analyst estimates of $217.71 million. ONE Group Hospitality had a positive return on equity of 15.75% and a negative net margin of 2.45%. Equities research analysts anticipate that ONE Group Hospitality will post -0.18 earnings per share for the current year.
Institutional Trading of ONE Group Hospitality
Large investors have recently added to or reduced their stakes in the business. McGowan Group Asset Management Inc. bought a new position in ONE Group Hospitality during the 4th quarter valued at $2,204,000. Nantahala Capital Management LLC boosted its position in shares of ONE Group Hospitality by 23.9% in the fourth quarter. Nantahala Capital Management LLC now owns 2,087,394 shares of the restaurant operator’s stock worth $6,053,000 after buying an additional 403,321 shares during the period. CastleKnight Management LP raised its holdings in shares of ONE Group Hospitality by 9.4% during the fourth quarter. CastleKnight Management LP now owns 1,172,074 shares of the restaurant operator’s stock worth $3,399,000 after acquiring an additional 100,300 shares in the last quarter. Repertoire Partners LP purchased a new stake in shares of ONE Group Hospitality during the fourth quarter worth $221,000. Finally, JPMorgan Chase & Co. raised its holdings in ONE Group Hospitality by 430.8% during the fourth quarter. JPMorgan Chase & Co. now owns 83,411 shares of the restaurant operator’s stock valued at $242,000 after buying an additional 67,698 shares in the last quarter. 29.14% of the stock is currently 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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