One Stop Systems (NASDAQ:OSS) Rating Lowered to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded One Stop Systems from “Hold” to “Sell,” though the broader analyst consensus remains “Moderate Buy” with a $16.00 target price.
• OSS opened at $9.28, well below its 50-day and 200-day moving averages of $11.21 and $12.53, respectively; the stock’s 52-week range is $4.17 to $20.88.
• The company beat quarterly expectations, reporting a $0.01 per-share loss versus the estimated $0.03 loss and revenue of $9.35 million versus the $8.50 million consensus. Institutional investors own 32.67% of the stock.

One Stop Systems (NASDAQ:OSS - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Saturday, Wall Street Zen reports.

Other research analysts have also recently issued reports about the company. Lake Street Capital boosted their target price on One Stop Systems from $18.00 to $21.00 and gave the company a "buy" rating in a research note on Friday, June 5th. Weiss Ratings cut One Stop Systems from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday, August 25th. Finally, Clear Str upgraded shares of One Stop Systems to a "strong-buy" rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, One Stop Systems currently has an average rating of "Moderate Buy" and a consensus price target of $16.00.

One Stop Systems Price Performance

One Stop Systems stock opened at $9.28 on Friday. The firm has a market capitalization of $231.44 million, a price-to-earnings ratio of 185.64 and a beta of 1.45. The company's 50 day simple moving average is $11.21 and its 200 day simple moving average is $12.53. One Stop Systems has a fifty-two week low of $4.17 and a fifty-two week high of $20.88.

One Stop Systems (NASDAQ:OSS - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The firm had revenue of $9.35 million during the quarter, compared to the consensus estimate of $8.50 million. One Stop Systems had a net margin of 2.67% and a return on equity of 2.22%. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. As a group, analysts predict that One Stop Systems will post -0.1 EPS for the current fiscal year.

Institutional Trading of One Stop Systems

A number of institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in One Stop Systems during the 2nd quarter worth approximately $33,412,000. Bard Associates Inc. acquired a new stake in shares of One Stop Systems in the second quarter valued at approximately $9,569,000. Manatuck Hill Partners LLC raised its holdings in shares of One Stop Systems by 100.0% in the fourth quarter. Manatuck Hill Partners LLC now owns 100,000 shares of the company's stock valued at $718,000 after purchasing an additional 50,000 shares during the last quarter. Sei Investments Co. raised its holdings in shares of One Stop Systems by 66.9% in the first quarter. Sei Investments Co. now owns 166,632 shares of the company's stock valued at $1,261,000 after purchasing an additional 66,784 shares during the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of One Stop Systems in the fourth quarter worth $221,000. 32.67% of the stock is currently owned by institutional investors.

About One Stop Systems

One Stop Systems, Inc NASDAQ: OSS designs and manufactures high-performance computing systems for applications that require rapid data processing in demanding environments. The company focuses on artificial intelligence and machine learning, sensor processing, data acquisition, and other compute-intensive workloads for defense, aerospace, industrial, and commercial customers.

Its product portfolio includes ruggedized servers, GPU-accelerated computing platforms, PCI Express expansion systems, high-performance storage solutions, and related hardware designed to connect processors, graphics processing units, sensors, and other specialized components.

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