One Stop Systems (NASDAQ:OSS) Stock Bumped Up to Hold by Wall Street Zen

Key Points

• Wall Street Zen upgraded One Stop Systems from “sell” to “hold,” while analyst sentiment overall remains a “Moderate Buy” with a consensus price target of $16.00.
• OSS shares opened at $7.74, well below their 52-week high of $20.88; the company trades at a P/E ratio of 154.83 and has a market capitalization of approximately $193 million.
• One Stop Systems exceeded quarterly expectations, reporting an adjusted loss of $0.01 per share 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 upgraded by analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report issued on Saturday, Wall Street Zen reports.

Other equities analysts have also issued reports about the company. Weiss Ratings lowered One Stop Systems from a "sell (d)" rating to a "sell (d-)" rating in a research note on Thursday. Clear Str raised One Stop Systems to a "strong-buy" rating in a research note on Monday, July 13th. One equities research 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.00.

One Stop Systems Stock Performance

Shares of NASDAQ OSS opened at $7.74 on Friday. The company has a market cap of $193.04 million, a P/E ratio of 154.83 and a beta of 1.45. One Stop Systems has a 52-week low of $4.17 and a 52-week high of $20.88. The firm's fifty day moving average is $10.40 and its two-hundred day moving average is $12.42.

One Stop Systems (NASDAQ:OSS - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business 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) EPS. As a group, analysts forecast that One Stop Systems will post -0.10 EPS for the current fiscal year.

Institutional Investors Weigh In On One Stop Systems

Several large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in One Stop Systems during the second quarter valued at approximately $33,412,000. Bard Associates Inc. purchased a new position in shares of One Stop Systems in the 2nd quarter worth approximately $9,569,000. Squarepoint Ops LLC increased its position in shares of One Stop Systems by 124.6% during the 2nd quarter. Squarepoint Ops LLC now owns 131,346 shares of the company's stock valued at $2,388,000 after purchasing an additional 72,870 shares during the last quarter. Sei Investments Co. increased its position in shares of One Stop Systems by 66.9% during the 1st 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, Bank of New York Mellon Corp purchased a new stake in One Stop Systems during the 2nd quarter valued at $1,136,000. 32.67% of the stock is owned by institutional investors.

About One Stop Systems

One Stop Systems, Inc NASDAQ: OSS designs and manufactures high-performance computing systems for demanding artificial intelligence, machine learning, data acquisition, and sensor-processing applications. Its solutions are built to process large volumes of data at the edge, where performance, reliability, and compact form factors are important.

The company's product portfolio includes rugged servers, GPU-accelerated computing platforms, PCI Express expansion systems, storage systems, and high-speed networking equipment.

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