Currently, ONE Group Hospitality Inc [STKS] is trading at $5.57, up 9.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The STKS shares have gain 28.34% over the last week, with a monthly amount glided 41.37%, and seem to be holding up well over a long-time horizon.
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On 26, March 2024, The ONE Group Hospitality, Inc. to Acquire Owner of Benihana. In a post published today on Yahoo Finance, Creates a scaled platform and further enables The ONE Group to diversify and strengthen its industry leading portfolio of world-class, experiential restaurant concepts.
From an analyst’s perspective:
ONE Group Hospitality Inc [NASDAQ: STKS] stock has seen the most recent analyst activity on December 21, 2022, when Wedbush downgraded its rating to a Neutral and also revised its price target to $6.50 from $7.50. Previously, Stephens started tracking the stock with Overweight rating on September 23, 2022, and set its price target to $15. On July 19, 2022, ROTH Capital initiated with a Buy rating and assigned a price target of $13 on the stock. Wedbush started tracking the stock assigning a Outperform rating and suggested a price target of $20 on January 05, 2022. Piper Sandler upgraded its rating to a Overweight and raised its price target to $17 on September 20, 2021. Piper Jaffray downgraded its rating to Neutral for this stock on September 04, 2019, and downed its price target to $4. In a note dated November 20, 2018, Piper Jaffray initiated an Overweight rating and provided a target price of $4 on this stock.
This stock has fluctuated between a low of $3.21 and a high of $9.06 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. ONE Group Hospitality Inc [NASDAQ: STKS] shares were valued at $5.57 at the most recent close of the market. An investor can expect a potential return of 43.63% based on the average STKS price forecast.
Analyzing the STKS fundamentals
Trailing Twelve Months sales for ONE Group Hospitality Inc [NASDAQ:STKS] were 332.77M which represents 1.84% growth. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.14 points at the first support level, and at 4.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.80, and for the 2nd resistance point, it is at 6.02.
ONE Group Hospitality Inc [STKS] reported earnings per share of $0.17 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.15/share, meaning a difference of $0.02 and a surprise factor of 13.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.08 per share as compared to estimates of $0.03 per share, a difference of -$0.11 representing a surprise of -366.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ONE Group Hospitality Inc [NASDAQ:STKS] is 0.80. As well, the Quick Ratio is 0.70, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 2.52 and price to earnings (TTM) ratio is 38.52.
Transactions by insiders
Recent insider trading involved Kanen David, See Explanation of Responses, that happened on Mar 19 ’24 when 7103.0 shares were purchased. See Explanation of Responses, Kanen David completed a deal on Mar 18 ’24 to buy 73733.0 shares. Meanwhile, See Explanation of Responses Kanen David bought 0.19 million shares on Mar 15 ’24.
