According to Zacks, “The ONE Group Hospitality, Inc. operates as a hospitality company. The Company develops, manages and operates a portfolio of high-energy restaurants, lounges and bars. It also provides food and beverage hospitality solutions. The Company’s primary restaurant brand is STK, which is a steakhouse concept with locations in metropolitan cities throughout the United States and in London. It provides ONE Hospitality, a signature turn-key food and beverage service for hospitality venues including, hotels, casinos and other high-end locations both nationally and internationally. The ONE Group Hospitality, Inc. is headquartered in New York. “
Several other equities research analysts have also issued reports on STKS. TheStreet raised shares of ZTO Express (Cayman) from a c+ rating to a b rating in a research note on Thursday, May 16th. Loop Capital reduced their price target on shares of Red Robin Gourmet Burgers to $31.00 and set a hold rating for the company in a research report on Thursday, April 4th. Finally, ValuEngine upgraded shares of WPP from a sell rating to a hold rating in a research report on Wednesday, June 19th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $4.08.
One Group Hospitality (NASDAQ:STKS) last posted its earnings results on Thursday, May 9th. The restaurant operator reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. One Group Hospitality had a net margin of 4.39% and a return on equity of 37.64%. The business had revenue of $22.78 million for the quarter, compared to analyst estimates of $21.80 million. On average, research analysts predict that One Group Hospitality will post 0.16 EPS for the current year.
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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