Amergent Hospitality Group, Inc. (AMHG) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to Amergent Hospitality Group, Inc. (AMHG) stock?
Amergent Hospitality Group, Inc. (AMHG) no longer trades on public markets. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Amergent Hospitality Group, Inc. (AMHG). Amergent Hospitality Group, Inc. operates and franchises fast casual dining concepts in the United States and Europe. Sector: Consumer cyclical.
Last analyzed: Mar 16, 2026Analyst Coverage for AMHG: AMHG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AMHG against Consumer Cyclical peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
AMHG: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bearish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Amergent Hospitality Group, Inc. (AMHG) Consumer Business Overview
Amergent Hospitality Group, Inc. focuses on the fast-casual dining sector, operating and franchising 42 restaurants across the United States and Europe under brands like American Burger Company and Little Big Burger. The company also operates gaming machines in Portland, Oregon, diversifying its revenue streams within the consumer cyclical market.
What Is the Investment Thesis for AMHG?
Amergent Hospitality Group, Inc. presents a focused play on the fast-casual dining sector with a diversified revenue model including gaming operations. The company's growth strategy hinges on expanding its restaurant footprint through both company-owned and franchised locations. Key value drivers include brand recognition of American Burger Company and Little Big Burger, and efficient operations across its locations. Potential catalysts include successful expansion into new markets and increased revenue from its gaming operations. Investors should monitor the company's ability to maintain profitability and manage costs in a competitive market. The company's beta of -268.97 suggests an inverse correlation to the market, which may offer diversification benefits.
Based on FMP financials and quantitative analysis
AMHG Key Highlights
Operates and franchises 42 fast casual restaurants as of January 4, 2022.
- Brands include American Burger Company, The Burger Joint, and Little Big Burger.
- Operates 29 company-owned restaurants and 13 franchised locations.
- Generates revenue from restaurant operations and gaming machines in Portland, Oregon.
- Beta of -268.97 indicates a negative correlation with the overall market.
Who Are AMHG's Competitors?
AMHG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| MCD McDonald's Corporation | $253.05 | -0.17% | $180B | 755-pillar |
| QSR Restaurant Brands International Inc. | $76.23 | -0.33% | $26.5B | 675-pillar |
| WEN The Wendy's Company | $7.57 | +1.75% | $1.44B | 625-pillar |
| REBN Reborn Coffee, Inc. | $0.84 | -0.84% | $6.91M | — |
| BTBD BT Brands, Inc. | $1.77 | -1.12% | $11.0M | 395-pillar |
| GTIM Good Times Restaurants Inc. | $1.50 | -1.32% | $15.8M | 655-pillar |
| STKS The ONE Group Hospitality, Inc. | $1.58 | +1.17% | $49.8M | 325-pillar |
| GENK GEN Restaurant Group, Inc. | $1.85 | -1.60% | $61.0M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AMHG's Key Strengths?
Established brand presence with multiple restaurant concepts.
- Diversified revenue streams through restaurant and gaming operations.
- Franchise model allows for expansion with limited capital investment.
- Experienced management team in the fast-casual dining sector.
What Are AMHG's Weaknesses?
Limited geographic presence compared to larger competitors.
- Dependence on consumer discretionary spending.
- Vulnerability to fluctuations in food costs and labor expenses.
- Small market capitalization and OTC listing may limit investor interest.
What Could Drive AMHG Stock Higher?
Expansion of franchised locations in new geographic markets within the next 1-2 years.
- Menu innovation and introduction of healthier options to attract health-conscious consumers.
- Optimization of gaming operations in Portland, Oregon to increase revenue.
- Enhancement of digital ordering and delivery platforms to improve customer experience within the next year.
- Exploration of strategic acquisitions and partnerships to expand market reach.
What Are the Key Risks for AMHG?
Financial-distress signal — its Altman Z-Score of -7.79 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Intense competition from established fast-food and fast-casual chains could impact market share.
- Changing consumer preferences and dining trends may require adaptation and innovation.
- Economic downturns could reduce consumer spending and impact restaurant sales.
- Fluctuations in food costs and labor expenses could affect profitability.
- Regulatory changes affecting the restaurant and gaming industries could increase compliance costs.
What Are the Growth Opportunities for AMHG?
- Expansion of Franchised Locations: Amergent Hospitality Group has the opportunity to grow its brand presence and revenue through strategic expansion of its franchised locations. By partnering with qualified franchisees, the company can leverage local market knowledge and capital to accelerate growth. The global franchising market is projected to reach $985.55 billion by 2027, presenting a significant opportunity for Amergent Hospitality Group to increase its market share. This expansion can be achieved within the next 3-5 years.
- Enhancement of Digital Ordering and Delivery Platforms: Investing in and improving its digital ordering and delivery platforms can significantly enhance customer convenience and drive sales growth. The online food delivery market is expected to reach $223.7 billion in 2026. By optimizing its online presence and delivery capabilities, Amergent Hospitality Group can tap into this growing market and cater to the increasing demand for convenient dining options. This initiative can be implemented within the next 1-2 years.
- Menu Innovation and Introduction of Healthier Options: Adapting to changing consumer preferences by introducing innovative menu items and healthier options can attract a broader customer base. The demand for healthier fast-casual options is on the rise, with consumers increasingly seeking nutritious and sustainable choices. By incorporating these options into its menu, Amergent Hospitality Group can differentiate itself from competitors and cater to health-conscious consumers. This can be an ongoing process with new menu items introduced quarterly.
- Optimization of Gaming Operations: Amergent Hospitality Group can optimize its gaming operations in Portland, Oregon, to increase revenue and profitability. This can involve upgrading gaming machines, enhancing the gaming environment, and implementing targeted marketing campaigns to attract more players. The gaming market is projected to grow in the coming years, presenting an opportunity for Amergent Hospitality Group to capitalize on this trend. This optimization can be implemented within the next year.
- Strategic Acquisitions and Partnerships: Exploring strategic acquisitions and partnerships with complementary businesses can expand Amergent Hospitality Group's market reach and service offerings. This can include acquiring smaller restaurant chains or partnering with technology companies to enhance its digital capabilities. Strategic partnerships can provide access to new markets, technologies, and customer segments, driving long-term growth and value creation. This is an ongoing opportunity that the company can pursue as suitable targets become available.
What Are AMHG's Competitive Advantages?
- Brand recognition of American Burger Company and Little Big Burger.
- Established network of company-owned and franchised locations.
- Diversified revenue streams through restaurant and gaming operations.
- Operational expertise in the fast-casual dining sector.
What Does AMHG Do?
Amergent Hospitality Group, Inc., incorporated in 2020 and headquartered in Charlotte, North Carolina, is a player in the fast-casual dining industry. The company owns, operates, and franchises restaurant concepts in both the United States and Europe. As of January 4, 2022, Amergent Hospitality Group operated and franchised a total of 42 fast-casual restaurants. These include 29 company-owned restaurants and 13 franchised locations. The restaurants operate under the names American Burger Company, The Burger Joint, and Little Big Burger. In addition to its restaurant operations, Amergent Hospitality Group also operates gaming machines in Portland, Oregon, under license from the Oregon Lottery Commission, providing an additional revenue stream. The company's focus on fast-casual dining caters to consumers seeking quick, convenient, and higher-quality meals compared to traditional fast food. Amergent Hospitality Group aims to expand its footprint through both company-owned and franchised locations, leveraging brand recognition and operational expertise.
What Products and Services Does AMHG Offer?
- Owns, operates, and franchises fast casual restaurants.
- Operates under the American Burger Company brand.
- Operates under The Burger Joint brand.
- Operates under the Little Big Burger brand.
- Operates company-owned restaurants.
- Manages franchised restaurant locations.
- Operates gaming machines in Portland, Oregon.
How Does AMHG Make Money?
- Generates revenue through sales at company-owned restaurants.
- Collects franchise fees and royalties from franchised locations.
- Earns revenue from gaming machine operations.
- Focuses on the fast-casual dining segment.
What Industry Does AMHG Operate In?
The fast-casual dining sector is characterized by its focus on providing higher-quality ingredients and a more appealing atmosphere than traditional fast food, while still offering convenience and speed. The market is competitive, with numerous national and regional chains vying for market share. Trends include increasing demand for healthier options, customization, and digital ordering. Amergent Hospitality Group operates within this landscape, competing with established players and aiming to differentiate itself through its brand offerings and operational strategies. The company's gaming operations provide a unique diversification compared to its peers.
Who Are AMHG's Key Customers?
- Consumers seeking fast-casual dining options.
- Franchisees operating restaurant locations.
- Customers in Portland, Oregon who use the gaming machines.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● No filing on record
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 4 snapshots
| 2026-08-23 | 42 |
| 2026-08-24 | 42 |
| 2026-08-25 | 42 |
| 2026-08-26 | 42 |
What changed?
The score has stayed at 42.
Over the same 3 days the stock moved +0.0%.
Key Financial Metrics
Return on equity for Amergent Hospitality Group, Inc. stands at 47.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -15.7%, showing how much profit it generates from its asset base. A current ratio of 0.09 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Amergent Hospitality Group, Inc. operates in the Restaurants industry within the Consumer Cyclical sector. It is headquartered in Charlotte, US. The company is led by CEO Michael D. Pruitt. AMHG has traded publicly since 2020.
Financial Health
Amergent Hospitality Group, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -7.79 places it in the distress zone, a signal of elevated financial risk.
Insider Activity
The most recent 12 insider filings for Amergent Hospitality Group, Inc. break down as 0 sales and 12 purchases. On net that is roughly 1.3M shares acquired (about $6) — insiders putting money in tends to read as conviction.
AMHG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Established brand presence with multiple restaurant concepts.
- Diversified revenue streams through restaurant and gaming operations.
- Franchise model allows for expansion with limited capital investment.
- Experienced management team in the fast-casual dining sector.
Bear Case
- Limited geographic presence compared to larger competitors.
- Dependence on consumer discretionary spending.
- Vulnerability to fluctuations in food costs and labor expenses.
- Small market capitalization and OTC listing may limit investor interest.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
AMHG Latest News
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Head-To-Head Analysis: RCI Hospitality (NASDAQ:RICK) vs. Amergent Hospitality Group (OTCMKTS:AMHG)
defenseworld.net · Aug 21, 2026
Leadership: Michael D. Pruitt
CEO
Michael D. Pruitt serves as the CEO of Amergent Hospitality Group, Inc. His background includes extensive experience in the hospitality and restaurant industries. Pruitt has held various leadership positions in operations, franchising, and business development. He brings a wealth of knowledge in managing and growing restaurant brands. His expertise is crucial for guiding Amergent Hospitality Group's strategic direction and expansion efforts. Pruitt's leadership is focused on driving revenue growth, enhancing operational efficiency, and building brand value.
Track Record: Under Michael D. Pruitt's leadership, Amergent Hospitality Group has focused on expanding its restaurant footprint through both company-owned and franchised locations. He has overseen the optimization of the company's gaming operations in Portland, Oregon. Pruitt has also emphasized the importance of menu innovation and digital ordering to enhance customer experience and drive sales growth. His strategic decisions have contributed to the company's growth and market positioning.
AMHG OTC Market Information
The OTC Other tier represents the lowest tier of the OTC Markets. Companies in this tier may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. These companies may be newly formed, distressed, or have limited operating history. Investing in companies on the OTC Other tier carries significant risks due to the lack of regulatory oversight and potential for fraud. Information availability may be limited, making it difficult to assess the company's financial health and prospects. Investors should exercise extreme caution and conduct thorough due diligence before investing in OTC Other companies.
- OTC Tier: OTC Other
- Limited regulatory oversight and disclosure requirements.
- Low trading volume and liquidity.
- Potential for price manipulation and fraud.
- Higher risk of financial distress or bankruptcy.
- Limited access to capital and financing options.
- Verify the company's legal and regulatory compliance.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Understand the risks associated with investing in OTC stocks.
- Consult with a qualified financial advisor.
- Check for any red flags or warning signs.
- Company has been in operation since 2020.
- Operates and franchises restaurants under established brands.
- Has a physical headquarters in Charlotte, North Carolina.
- Employs 319 people.
- CEO Michael D. Pruitt has experience in the hospitality industry.
Amergent Hospitality Group, Inc. Consumer Cyclical Stock: Key Questions Answered
What happened to Amergent Hospitality Group, Inc. (AMHG) stock?
Amergent Hospitality Group, Inc. (AMHG) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy AMHG shares?
No. AMHG stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for AMHG elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before AMHG stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Amergent Hospitality Group, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Amergent Hospitality Group, Inc. do?
Amergent Hospitality Group, Inc. operates and franchises fast-casual dining restaurants in the United States and Europe. As of January 4, 2022, the company operated and franchised 42 restaurants under the names American Burger Company, The Burger Joint, and Little Big Burger.
What do analysts say about AMHG stock?
As of March 16, 2026, there is no readily available analyst coverage or consensus estimates for Amergent Hospitality Group, Inc. (AMHG) due to its OTC listing and limited market capitalization.
What are the main risks for AMHG?
Amergent Hospitality Group, Inc. faces several risks inherent to the restaurant industry, including intense competition from established fast-food and fast-casual chains, changing consumer preferences, and economic downturns that could reduce consumer spending.
How does Amergent Hospitality Group, Inc. adapt to changing consumer preferences?
Amergent Hospitality Group, Inc. can adapt to evolving consumer preferences through continuous menu innovation, incorporating healthier options and catering to dietary trends.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of January 4, 2022, and March 16, 2026.
- OTC market data may be limited and subject to inaccuracies.
- Analyst coverage and consensus estimates may not be available for OTC-listed companies.