Lake Street Capital Increases The ONE Group (STKS) Price Target to $4.00

The ONE Group (NASDAQ:STKS) had its price objective hoisted by stock analysts at Lake Street Capital to $4.00 in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the restaurant operator’s stock. Lake Street Capital’s target price indicates a potential upside of 70.21% from the stock’s current price.

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

Shares of STKS stock opened at $2.35 on Wednesday. The company has a current ratio of 0.58, a quick ratio of 0.49 and a debt-to-equity ratio of 1.54. The ONE Group has a 12-month low of $2.24 and a 12-month high of $2.43.

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

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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