In last trading session, ONE Group Hospitality Inc (NASDAQ:STKS) saw 0.4 million shares changing hands with its beta currently measuring 2.41. Company’s recent per share price level of $3.19 trading at -$0.73 or -18.62% at ring of the bell on the day assigns it a market valuation of $99.35M. That closing price of STKS’s stock is at a discount of -102.19% from its 52-week high price of $6.45 and is indicating a premium of 1.88% from its 52-week low price of $3.13. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 89240.0 shares which gives us an average trading volume of 83.51K if we extend that period to 3-months.
For ONE Group Hospitality Inc (STKS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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ONE Group Hospitality Inc (NASDAQ:STKS) trade information
Upright in the red during last session for losing -18.62%, in the last five days STKS remained trading in the red while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $3.19 price level, adding 18.83% to its value on the day. ONE Group Hospitality Inc’s shares saw a change of -47.88% in year-to-date performance and have moved -6.45% in past 5-day. ONE Group Hospitality Inc (NASDAQ:STKS) showed a performance of -7.00% in past 30-days. Number of shares sold short was 1.99 million shares which calculate 20.55 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8.5 to the stock, which implies a rise of 62.47% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -150.78% in reaching the projected high whereas dropping to the targeted low would mean a loss of -150.78% for stock’s current value.
ONE Group Hospitality Inc (STKS) estimates and forecasts
Statistics highlight that ONE Group Hospitality Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -40.04% of value to its shares in past 6 months, showing an annual growth rate of 112.50% while that of industry is 2.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.65% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -36.11% while estimates for its earnings growth in next 5 years are of 1.20%.
ONE Group Hospitality Inc (NASDAQ:STKS)’s Major holders
Insiders are in possession of 18.18% of company’s total shares while institution are holding 48.22 percent of that, with stock having share float percentage of 58.94%. Investors also watch the number of corporate investors in a company very closely, which is 48.22% institutions for ONE Group Hospitality Inc that are currently holding shares of the company. KANEN WEALTH MANAGEMENT LLC is the top institutional holder at STKS for having 4.82 million shares of worth $20.28 million. And as of 2024-06-30, it was holding 15.3985 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.692 of outstanding shares, having a total worth of $6.24 million.