Wedbush Issues Pessimistic Estimate for STKS Earnings

The ONE Group Hospitality, Inc. (NASDAQ:STKS) – Wedbush decreased their Q1 2025 earnings per share estimates for ONE Group Hospitality in a report released on Monday, March 10th. Wedbush analyst N. Setyan now expects that the restaurant operator will post earnings of ($0.18) per share for the quarter, down from their prior estimate of ($0.03). 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 ($0.18) per share. Wedbush also issued estimates for ONE Group Hospitality’s Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at ($0.44) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.75) EPS.

ONE Group Hospitality (NASDAQ:STKS) last announced its quarterly earnings data on Monday, March 10th. The restaurant operator reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.33). The company had revenue of $221.88 million for the quarter, compared to analysts’ expectations of $217.71 million. ONE Group Hospitality had a negative net margin of 2.45% and a positive return on equity of 15.75%.

Separately, Stephens lowered their price objective on ONE Group Hospitality from $6.00 to $5.00 and set an “overweight” rating for the company in a research note on Tuesday.

ONE Group Hospitality Stock Down 0.4 %

Shares of NASDAQ:STKS opened at $2.53 on Thursday. The stock has a fifty day simple moving average of $3.24 and a two-hundred day simple moving average of $3.33. The stock has a market capitalization of $78.06 million, a price-to-earnings ratio of -3.16 and a beta of 2.46. ONE Group Hospitality has a 12-month low of $2.48 and a 12-month high of $6.10. The company has a current ratio of 0.52, a quick ratio of 0.44 and a debt-to-equity ratio of 6.73.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Stoneridge Investment Partners LLC raised its stake in shares of ONE Group Hospitality by 22.6% in the fourth 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. Barclays PLC raised its stake in shares of ONE Group Hospitality by 6.7% in the fourth quarter. Barclays PLC now owns 49,634 shares of the restaurant operator’s stock worth $143,000 after purchasing an additional 3,126 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of 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 worth $28,000 after acquiring an additional 3,316 shares during the period. Bank of America Corp DE grew its holdings in shares of ONE Group Hospitality by 18.7% in the fourth quarter. Bank of America Corp DE now owns 34,782 shares of the restaurant operator’s stock worth $101,000 after acquiring an additional 5,477 shares during the period. Finally, JPMorgan Chase & Co. grew 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 acquiring an additional 5,497 shares during the period. Hedge funds and other institutional investors own 29.14% of the company’s stock.

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.