One Group Hospitality (NASDAQ:STKS) is scheduled to announce its earnings results after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
One Group Hospitality (NASDAQ:STKS) last released its quarterly earnings data on Thursday, May 9th. The restaurant operator reported $0.03 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.03. The business had revenue of $22.78 million during the quarter, compared to analysts’ expectations of $21.80 million. One Group Hospitality had a net margin of 4.39% and a return on equity of 37.64%. On average, analysts expect One Group Hospitality to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
STKS stock traded up $0.07 during trading hours on Wednesday, reaching $3.22. 117 shares of the stock were exchanged, compared to its average volume of 54,635. The firm’s 50-day simple moving average is $3.16. The company has a market cap of $91.15 million, a P/E ratio of 26.83 and a beta of 0.70. The company has a debt-to-equity ratio of 4.82, a quick ratio of 0.47 and a current ratio of 0.54. One Group Hospitality has a 12 month low of $1.87 and a 12 month high of $4.00.
A number of equities analysts have issued reports on the company. Zacks Investment Research cut One Group Hospitality from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 17th. TheStreet lowered shares of One Group Hospitality from a “b-” rating to a “c” rating in a report on Thursday, May 16th. Finally, ValuEngine lowered shares of One Group Hospitality from a “buy” rating to a “hold” rating in a report on Wednesday, June 19th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $4.08.
About One Group Hospitality
The ONE Group Hospitality, Inc, a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates in three segments: Owned Restaurants; Owned Food, Beverage and Other; and Managed and Licensed Operations. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.
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