One Stop Systems, Inc. (NASDAQ:OSS) Receives $16.00 Consensus PT from Analysts

Shares of One Stop Systems, Inc. (NASDAQ:OSS) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $16.00.

A number of equities research analysts have recently commented on the stock. Alliance Global Partners reiterated a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th. Lake Street Capital boosted their price target on shares of One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, June 5th. Roth Capital reaffirmed a “buy” rating and set a $18.00 price objective on shares of One Stop Systems in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of One Stop Systems from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Finally, Zacks Research lowered shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th.

Insider Activity at One Stop Systems

In other One Stop Systems news, Director Gregory W. Matz sold 8,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.52, for a total value of $140,160.00. Following the completion of the sale, the director directly owned 78,914 shares in the company, valued at $1,382,573.28. This represents a 9.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Mitchell H. Herbets sold 5,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.62, for a total value of $88,100.00. Following the completion of the sale, the director directly owned 48,984 shares of the company’s stock, valued at $863,098.08. This trade represents a 9.26% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 21,000 shares of company stock valued at $369,380. 3.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of One Stop Systems by 17.4% in the third quarter. Vanguard Group Inc. now owns 872,700 shares of the company’s stock valued at $4,678,000 after purchasing an additional 129,479 shares during the period. Jane Street Group LLC raised its stake in One Stop Systems by 85.2% during the fourth quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock worth $4,335,000 after purchasing an additional 277,763 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in One Stop Systems in the 3rd quarter valued at about $2,959,000. Marshall Wace LLP boosted its holdings in 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 purchasing an additional 437,664 shares during the last quarter. Finally, Polar Asset Management Partners Inc. acquired a new position in One Stop Systems in the 3rd quarter valued at about $1,566,000. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Trading Up 10.4%

OSS stock opened at $12.00 on Friday. One Stop Systems has a 12-month low of $4.17 and a 12-month high of $20.88. The business’s 50-day moving average is $15.78 and its 200 day moving average is $12.17. The stock has a market cap of $296.88 million, a price-to-earnings ratio of 48.00 and a beta of 1.43.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.06. The firm had revenue of $8.07 million for the quarter, compared to analyst estimates of $6.98 million. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%. As a group, equities analysts forecast that One Stop Systems will post -0.08 EPS for the current fiscal 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.