Benchmark Cuts System1 (NYSE:SST) Price Target to $6.50

System1 (NYSE:SST) had its target price cut by Benchmark from $8.00 to $6.50 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also recently commented on SST. Wall Street Zen cut System1 from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. Weiss Ratings raised System1 from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, System1 has an average rating of “Hold” and a consensus target price of $6.50.

System1 Stock Up 3.0%

NYSE:SST opened at $1.71 on Thursday. The company has a debt-to-equity ratio of 13.11, a current ratio of 0.77 and a quick ratio of 0.89. The firm’s 50-day moving average price is $2.47 and its 200-day moving average price is $2.94. The company has a market capitalization of $17.00 million, a PE ratio of -0.15 and a beta of 1.54. System1 has a 1-year low of $1.35 and a 1-year high of $9.30.

System1 (NYSE:SST) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($1.54) EPS for the quarter. The business had revenue of $30.20 million for the quarter. System1 had a negative return on equity of 1,607.96% and a negative net margin of 50.66%.

Institutional Trading of System1

A hedge fund recently raised its stake in System1 stock. BNP Paribas Financial Markets lifted its holdings in System1, Inc. (NYSE:SST) by 125.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,511 shares of the company’s stock after purchasing an additional 2,513 shares during the quarter. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 87.50% of the company’s stock.

About System1

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.