ONE Group Hospitality (STKS) to Release Earnings on Thursday

ONE Group Hospitality (NASDAQ:STKS) will be announcing its earnings results after the market closes on Thursday, November 7th.

ONE Group Hospitality (NASDAQ:STKS) last announced its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. ONE Group Hospitality had a negative net margin of 1.76% and a positive return on equity of 14.71%. The firm had revenue of $172.49 million during the quarter, compared to analyst estimates of $178.22 million. During the same period in the previous year, the business posted $0.06 EPS. On average, analysts expect ONE Group Hospitality to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ONE Group Hospitality Trading Up 0.6 %

Shares of STKS stock traded up $0.02 on Tuesday, hitting $3.45. 29,554 shares of the company’s stock traded hands, compared to its average volume of 129,844. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.55 and a current ratio of 0.63. The stock has a market capitalization of $107.45 million, a price-to-earnings ratio of -9.00 and a beta of 2.40. The company’s fifty day simple moving average is $3.56 and its 200 day simple moving average is $4.32. ONE Group Hospitality has a one year low of $3.13 and a one year high of $6.45.

Analyst Upgrades and Downgrades

Several research firms have recently commented on STKS. StockNews.com downgraded ONE Group Hospitality from a “hold” rating to a “sell” rating in a report on Friday, August 9th. Stephens reaffirmed an “overweight” rating and issued a $9.00 price target on shares of ONE Group Hospitality in a research note on Wednesday, August 7th.

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.