One Stop Systems (NASDAQ:OSS) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded One Stop Systems from “sell” to “hold.” Overall analyst sentiment is “Moderate Buy,” with an average price target of $16.00.
• OSS shares opened at $9.97, while the company reported quarterly revenue of $9.35 million and an adjusted loss of $0.01 per share, beating analysts’ estimates.
• Institutional ownership stands at 32.67%, with BlackRock, Arrowstreet Capital, Bard Associates and other funds recently establishing or increasing positions.

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

A number of other analysts also recently commented on OSS. Lake Street Capital boosted their price objective on One Stop Systems from $18.00 to $21.00 and gave the stock 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. Zacks Research lowered One Stop Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, May 18th. Finally, Clear Str upgraded shares of One Stop Systems to a "strong-buy" rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $16.00.

One Stop Systems Trading Up 2.2%

OSS stock opened at $9.97 on Friday. The firm's 50-day moving average is $12.87 and its two-hundred day moving average is $12.49. The company has a market capitalization of $248.70 million, a price-to-earnings ratio of 199.44 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.

One Stop Systems (NASDAQ:OSS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share (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 analysts' expectations 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 period last year, the firm posted ($0.09) earnings per share. On average, equities research analysts predict that One Stop Systems will post -0.1 earnings per share for the current year.

Hedge Funds Weigh In On One Stop Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of One Stop Systems during the second quarter valued at approximately $33,412,000. Arrowstreet Capital Limited Partnership acquired a new position in One Stop Systems in the 3rd quarter worth approximately $2,959,000. Bard Associates Inc. acquired a new position in One Stop Systems in the 2nd quarter worth approximately $9,569,000. Marshall Wace LLP grew its position in One Stop Systems by 1,130.1% during the 2nd quarter. Marshall Wace LLP now owns 476,393 shares of the company's stock worth $1,691,000 after purchasing an additional 437,664 shares in the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new position in One Stop Systems during the 3rd quarter worth approximately $1,566,000. Institutional investors and hedge funds own 32.67% of the company's stock.

About One Stop Systems

One Stop Systems, Inc NASDAQ: OSS develops and manufactures high-performance computing and storage systems tailored for mission-critical and harsh-environment applications. The company's solutions are designed to deliver accelerated processing, high-throughput data handling and reliability in confined or ruggedized form factors. OSS leverages advanced cooling, power management and custom enclosures to support demanding workloads in settings where off-the-shelf hardware may fall short.

The company's product portfolio includes GPU-accelerated servers, embedded single-board computers, high-speed RAID storage arrays and integrated system solutions.

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