Zacks: One Group Hospitality Inc (STKS) Given Average Recommendation of “Strong Buy” by Brokerages
One Group Hospitality Inc (NASDAQ:STKS) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a 12-month consensus target price of $5.00 for the company and are expecting that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also assigned One Group Hospitality an industry rank of 191 out of 255 based on the ratings given to its competitors.
STKS has been the subject of several research analyst reports. ValuEngine cut shares of One Group Hospitality from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Zacks Investment Research cut shares of One Group Hospitality from a “hold” rating to a “sell” rating in a research note on Tuesday, January 29th. Finally, Loop Capital initiated coverage on shares of One Group Hospitality in a research note on Thursday, April 4th. They issued a “buy” rating for the company.
STKS stock traded up $0.06 during trading on Tuesday, hitting $3.12. The company had a trading volume of 13,787 shares, compared to its average volume of 14,900. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.65 and a quick ratio of 0.57. One Group Hospitality has a 12 month low of $1.87 and a 12 month high of $3.68. The stock has a market capitalization of $89.32 million, a PE ratio of 26.00 and a beta of 0.51.
One Group Hospitality (NASDAQ:STKS) last posted its quarterly earnings data on Thursday, March 28th. The restaurant operator reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. One Group Hospitality had a net margin of 3.82% and a return on equity of 36.97%. The firm had revenue of $25.81 million during the quarter, compared to analysts’ expectations of $25.00 million. As a group, equities analysts expect that One Group Hospitality will post 0.18 earnings per share for the current fiscal year.
One Group Hospitality Company Profile
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.
See Also: Are sell-side analysts objective?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for One Group Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Group Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.