One Stop Systems (NASDAQ:OSS) Stock Moved Down to "Sell" by Wall Street Zen

Key Points

• Wall Street Zen downgraded One Stop Systems to “Sell” from “Hold,” while analyst opinions remain mixed; MarketBeat’s consensus rating is “Moderate Buy” with a $16.00 price target.
• OSS shares opened at $5.91, well below their 12-month high of $20.88, with a market capitalization of approximately $147.4 million and a price-to-earnings ratio of 118.22.
• The company exceeded quarterly expectations, reporting a loss of $0.01 per share versus a projected loss of $0.03 and revenue of $9.35 million against an $8.50 million estimate; institutional investors own 32.67% of the stock.

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

Several other analysts have also weighed in on OSS. Weiss Ratings lowered One Stop Systems from a "sell (d)" rating to a "sell (d-)" rating in a report on Thursday, October 8th. Clear Str raised One Stop Systems to a "strong-buy" rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $16.00.

One Stop Systems Price Performance

Shares of NASDAQ:OSS opened at $5.91 on Friday. The stock has a market cap of $147.42 million, a price-to-earnings ratio of 118.22 and a beta of 1.45. One Stop Systems has a 12 month low of $4.17 and a 12 month high of $20.88. The stock's 50 day moving average price is $9.02 and its 200 day moving average price is $12.30.

One Stop Systems (NASDAQ:OSS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.02. One Stop Systems had a return on equity of 2.22% and a net margin of 2.67%. The firm had revenue of $9.35 million during the quarter, compared to analyst estimates of $8.50 million. During the same period last year, the company posted ($0.09) EPS. On average, sell-side analysts expect that One Stop Systems will post -0.10 EPS for the current year.

Hedge Funds Weigh In On One Stop Systems

Hedge funds have recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC increased its stake in shares of One Stop Systems by 9.5% during the 3rd quarter. Lodestone Wealth Management LLC now owns 21,504 shares of the company's stock worth $188,000 after purchasing an additional 1,867 shares during the last quarter. Engineers Gate Manager LP boosted its stake in shares of One Stop Systems by 43.9% during the 2nd quarter. Engineers Gate Manager LP now owns 41,732 shares of the company's stock worth $759,000 after acquiring an additional 12,732 shares in the last quarter. Squarepoint Ops LLC increased its holdings 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 acquiring an additional 72,870 shares during the last quarter. Connective Capital Management LLC acquired a new position in shares of One Stop Systems during the 2nd quarter valued at about $204,000. Finally, Spark Investment Management LLC acquired a new position in shares of One Stop Systems during the 2nd quarter valued at about $207,000. Institutional investors and hedge funds own 32.67% of the company's stock.

One Stop Systems Company Profile

One Stop Systems, Inc NASDAQ: OSS designs and manufactures high-performance computing systems for demanding applications at the edge. Its solutions are built to process large volumes of data close to where that data is generated, supporting artificial intelligence, machine learning, sensor processing, and other compute-intensive workloads.

The company's product portfolio includes ruggedized servers, GPU-accelerated computing platforms, high-speed PCI Express expansion systems, data-storage solutions, and related computing components.

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