Wedbush Lowers Earnings Estimates for ONE Group Hospitality

The ONE Group Hospitality, Inc. (NASDAQ:STKS) – Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for shares of ONE Group Hospitality in a research report issued to clients and investors on Monday, March 10th. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings of ($0.18) per share for the quarter, down from their previous forecast of ($0.03). Wedbush currently has a “Neutral” rating and a $3.50 target price 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.

Separately, Stephens cut their price target on shares of ONE Group Hospitality from $6.00 to $5.00 and set an “overweight” rating on the stock in a report on Tuesday.

ONE Group Hospitality Price Performance

STKS stock opened at $2.45 on Thursday. The company has a market capitalization of $76.05 million, a PE ratio of -3.06 and a beta of 2.46. The company has a quick ratio of 0.44, a current ratio of 0.52 and a debt-to-equity ratio of 6.73. The stock’s 50 day moving average is $3.23 and its two-hundred day moving average is $3.33. ONE Group Hospitality has a 52-week low of $2.37 and a 52-week high of $6.10.

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

Hedge Funds Weigh In On ONE Group Hospitality

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STKS. Wells Fargo & Company MN boosted its position in ONE Group Hospitality by 51.7% during the 4th 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. XTX Topco Ltd acquired a new stake in ONE Group Hospitality in the fourth quarter worth about $35,000. Stoneridge Investment Partners LLC grew its position in ONE Group Hospitality by 22.6% in the 4th quarter. Stoneridge Investment Partners LLC now owns 14,574 shares of the restaurant operator’s stock valued at $42,000 after buying an additional 2,684 shares in the last quarter. GSA Capital Partners LLP acquired a new position in ONE Group Hospitality during the 3rd quarter valued at about $54,000. Finally, JPMorgan Chase & Co. raised its position in shares of ONE Group Hospitality by 53.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,713 shares of the restaurant operator’s stock worth $58,000 after buying an additional 5,497 shares in the last quarter. 29.14% of the stock is owned by institutional investors.

ONE Group Hospitality Company Profile

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.