One Group Hospitality (NASDAQ:STKS) issued its quarterly earnings data on Thursday. The restaurant operator reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01), Fidelity Earnings reports. One Group Hospitality had a net margin of 3.68% and a return on equity of 34.06%. The business had revenue of $22.11 million for the quarter, compared to analysts’ expectations of $21.90 million.
Shares of STKS traded up $0.15 during midday trading on Friday, hitting $3.33. 68,100 shares of the company’s stock traded hands, compared to its average volume of 36,583. One Group Hospitality has a 1 year low of $1.87 and a 1 year high of $4.00. The company has a current ratio of 0.68, a quick ratio of 0.59 and a debt-to-equity ratio of 5.06. The stock has a market capitalization of $89.01 million, a price-to-earnings ratio of 27.75 and a beta of 0.68. The firm’s fifty day moving average is $2.85 and its 200-day moving average is $3.08.
Several analysts have recently commented on the company. Zacks Investment Research upgraded One Group Hospitality from a “strong sell” rating to a “hold” rating in a report on Thursday, October 10th. Piper Jaffray Companies lowered One Group Hospitality from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $5.00 to $4.00 in a report on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus 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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