One Stop Systems, Inc. (NASDAQ:OSS) Receives $7.40 Consensus Target Price from Brokerages

Shares of One Stop Systems, Inc. (NASDAQ:OSS) have been given a consensus rating of “Buy” by the eight ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $7.40.

Several equities analysts have commented on OSS shares. Benchmark increased their target price on One Stop Systems from $3.50 to $8.00 and gave the company a “buy” rating in a research report on Friday, March 26th. Zacks Investment Research downgraded One Stop Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, May 26th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded One Stop Systems from a “market perform” rating to an “outperform” rating and set a $7.00 price objective for the company in a research report on Friday, May 14th. Citigroup upgraded One Stop Systems from a “market perform” rating to an “outperform” rating and set a $7.00 price objective for the company in a research report on Friday, May 14th. Finally, Alliance Global Partners assumed coverage on One Stop Systems in a research report on Wednesday, May 26th. They set a “buy” rating and a $8.00 price objective for the company.

In other One Stop Systems news, VP James M. Reardon sold 100,000 shares of One Stop Systems stock in a transaction that occurred on Wednesday, March 31st. The stock was sold at an average price of $5.89, for a total value of $589,000.00. Insiders own 25.30% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC acquired a new stake in One Stop Systems in the fourth quarter valued at approximately $144,000. King Luther Capital Management Corp acquired a new stake in One Stop Systems in the fourth quarter valued at approximately $1,200,000. Ariel Investments LLC grew its stake in One Stop Systems by 23.5% in the fourth quarter. Ariel Investments LLC now owns 88,012 shares of the company’s stock valued at $352,000 after acquiring an additional 16,752 shares during the period. Dimensional Fund Advisors LP grew its stake in One Stop Systems by 38.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 21,605 shares of the company’s stock valued at $86,000 after acquiring an additional 5,993 shares during the period. Finally, Mesirow Financial Investment Management Inc. grew its stake in One Stop Systems by 75.0% in the first quarter. Mesirow Financial Investment Management Inc. now owns 5,218 shares of the company’s stock valued at $33,000 after acquiring an additional 2,236 shares during the period. Institutional investors and hedge funds own 20.87% of the company’s stock.

One Stop Systems stock opened at $5.86 on Tuesday. The company has a quick ratio of 2.66, a current ratio of 3.63 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $108.47 million, a P/E ratio of 97.67 and a beta of 2.07. One Stop Systems has a 12 month low of $1.60 and a 12 month high of $9.50. The company has a 50-day moving average price of $5.57.

One Stop Systems (NASDAQ:OSS) last posted its earnings results on Thursday, May 13th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.06. One Stop Systems had a return on equity of 3.64% and a net margin of 2.18%. On average, equities research analysts forecast that One Stop Systems will post 0.05 EPS for the current year.

About One Stop Systems

One Stop Systems, Inc designs, manufactures, and markets high-performance computing modules and systems for edge deployments in the United States and internationally. Its systems are built using the graphical processing unit (GPU) and solid-state flash technologies. The company provides GPU appliances that are fully integrated computer clusters; GPU expansion units, which could add hundreds or thousands of computing cores with hundreds of teraflops of computing performance to OEM servers virtually; flash storage and network appliances that are networked storage appliances optimized for the environment and system software of its customers; and flash storage arrays, which provide hundreds of terabytes of storage and millions of input/output operations per second with flash memory.

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Analyst Recommendations for One Stop Systems (NASDAQ:OSS)

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