The ONE Group (STKS) Given New $4.00 Price Target at Lake Street Capital

The ONE Group (NASDAQ:STKS) had its price objective increased by research analysts at Lake Street Capital to $4.00 in a report released on Wednesday. The brokerage currently has a “buy” rating on the restaurant operator’s stock. Lake Street Capital’s price objective points to a potential upside of 70.21% from the stock’s previous close.

Separately, ValuEngine raised shares of The ONE Group from a “sell” rating to a “hold” rating in a research note on Friday, April 6th.

The ONE Group opened at $2.35 on Wednesday, according to MarketBeat. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.58 and a quick ratio of 0.49. The ONE Group has a 1-year low of $2.24 and a 1-year high of $2.43.

The ONE Group (NASDAQ:STKS) last released its quarterly earnings results on Wednesday, March 28th. The restaurant operator reported ($0.01) earnings per share for the quarter. The ONE Group had a negative net margin of 4.52% and a negative return on equity of 36.40%. The business had revenue of $21.66 million during the quarter.

The ONE Group Company Profile

The ONE Group Hospitality, Inc, a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates in three segments: STK Units, Food and Beverage Hospitality Management Agreements, and Other Concepts. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.

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