TheStreet upgraded shares of One Group Hospitality (NASDAQ:STKS) from a d rating to a b- rating in a report issued on Tuesday, TheStreetRatingsTable reports.
STKS has been the topic of a number of other research reports. Zacks Investment Research downgraded One Group Hospitality from a hold rating to a sell rating in a research report on Tuesday, January 29th. ValuEngine downgraded One Group Hospitality from a buy rating to a hold rating in a research report on Wednesday, January 2nd. Finally, Loop Capital initiated coverage on One Group Hospitality in a research report on Thursday, April 4th. They set a buy rating on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $4.08.
Shares of STKS stock opened at $3.06 on Tuesday. The company has a market cap of $89.89 million, a price-to-earnings ratio of 25.50 and a beta of 0.51. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 0.59. One Group Hospitality has a 12-month low of $1.87 and a 12-month high of $3.68.
A hedge fund recently raised its stake in One Group Hospitality stock. Vanguard Group Inc grew its position in One Group Hospitality Inc (NASDAQ:STKS) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 328,662 shares of the restaurant operator’s stock after acquiring an additional 24,878 shares during the quarter. Vanguard Group Inc owned about 1.16% of One Group Hospitality worth $1,160,000 as of its most recent SEC filing. Institutional investors own 2.97% of the company’s stock.
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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