One Stop Systems, Inc. (NASDAQ:OSS) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give One Stop Systems a “Moderate Buy” consensus: three analysts rate it a buy, one a strong buy, one a hold and one a sell. The average 12-month price target is $16.00, above the stock’s reported $13.44 price.
• OSS beat quarterly expectations, reporting an adjusted loss of $0.01 per share versus the expected $0.03 loss, while revenue reached $9.35 million compared with estimates of $8.50 million.
• Institutional ownership stands at 32.67%, with several funds adding new positions or increasing stakes. Meanwhile, insiders sold 21,000 shares worth about $369,380 over the past 90 days, primarily to cover tax obligations tied to vested equity awards.

One Stop Systems, Inc. (NASDAQ:OSS - Get Free Report) has earned an average rating of "Moderate Buy" from the six analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $16.00.

Several research analysts have issued reports on the stock. Roth Capital restated a "buy" rating and set a $18.00 price target on shares of One Stop Systems in a report on Wednesday, May 6th. Lake Street Capital upped their price objective on shares of One Stop Systems from $18.00 to $21.00 and gave the company a "buy" rating in a research note on Friday, June 5th. Clear Str upgraded shares of One Stop Systems to a "strong-buy" rating in a research report on Monday, July 13th. Alliance Global Partners reissued a "buy" rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Finally, Zacks Research lowered shares of One Stop Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, May 18th.

Insiders Place Their Bets

In other news, Director David George Bassett sold 8,000 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.64, for a total value of $141,120.00. Following the transaction, the director directly owned 24,984 shares of the company's stock, valued at $440,717.76. The trade was a 24.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory W. Matz sold 8,000 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.52, for a total value of $140,160.00. Following the sale, the director owned 78,914 shares in the company, valued at approximately $1,382,573.28. The trade was a 9.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 21,000 shares of company stock worth $369,380. Company insiders own 3.90% of the company's stock.

Institutional Investors Weigh In On One Stop Systems

A number of hedge funds have recently added to or reduced their stakes in OSS. BlackRock Inc. acquired a new position in One Stop Systems in the second quarter valued at approximately $33,412,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of One Stop Systems during the 3rd quarter worth approximately $2,959,000. Bard Associates Inc. acquired a new stake in shares of One Stop Systems during the 2nd quarter worth approximately $9,569,000. Marshall Wace LLP increased its stake in shares of One Stop Systems by 1,130.1% in the 2nd quarter. Marshall Wace LLP now owns 476,393 shares of the company's stock valued at $1,691,000 after acquiring an additional 437,664 shares in the last quarter. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of One Stop Systems in the 3rd quarter valued at $1,566,000. 32.67% of the stock is currently owned by institutional investors.

One Stop Systems Stock Down 1.2%

Shares of NASDAQ:OSS opened at $13.44 on Tuesday. The firm has a market cap of $335.19 million, a P/E ratio of 268.85 and a beta of 1.46. One Stop Systems has a 12-month low of $4.17 and a 12-month high of $20.88. The business has a fifty day simple moving average of $14.61 and a 200 day simple moving average of $12.37.

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 for the quarter, beating the consensus estimate of ($0.03) by $0.02. The company had revenue of $9.35 million during the quarter, compared to analysts' expectations of $8.50 million. One Stop Systems had a return on equity of 2.22% and a net margin of 2.67%.During the same quarter in the prior year, the firm posted ($0.09) earnings per share. As a group, equities research analysts expect that One Stop Systems will post -0.1 EPS for the current year.

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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