One Stop Systems, Inc. (NASDAQ:OSS) Expected to Announce Quarterly Sales of $16.80 Million

Equities analysts expect One Stop Systems, Inc. (NASDAQ:OSSGet Rating) to post $16.80 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for One Stop Systems’ earnings. One Stop Systems reported sales of $13.32 million during the same quarter last year, which indicates a positive year-over-year growth rate of 26.1%. The firm is scheduled to announce its next earnings report after the market closes on Monday, January 1st.

According to Zacks, analysts expect that One Stop Systems will report full year sales of $71.00 million for the current year, with estimates ranging from $70.80 million to $71.20 million. For the next financial year, analysts expect that the firm will post sales of $80.20 million, with estimates ranging from $80.00 million to $80.40 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover One Stop Systems.

One Stop Systems (NASDAQ:OSSGet Rating) last announced its quarterly earnings results on Thursday, March 24th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.06). The company had revenue of $17.78 million during the quarter, compared to analyst estimates of $17.10 million. One Stop Systems had a net margin of 3.76% and a return on equity of 1.99%.

Several equities analysts recently issued reports on OSS shares. Benchmark reiterated a “buy” rating and issued a $8.00 price target on shares of One Stop Systems in a report on Friday, March 25th. Zacks Investment Research cut One Stop Systems from a “hold” rating to a “strong sell” rating in a report on Friday, April 1st. One equities research analyst has rated the stock with a sell rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, One Stop Systems presently has a consensus rating of “Buy” and a consensus price target of $7.47.

In other news, major shareholder Steve D. Cooper sold 47,900 shares of the business’s stock in a transaction on Friday, April 8th. The shares were sold at an average price of $4.16, for a total value of $199,264.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Steve D. Cooper sold 30,000 shares of the business’s stock in a transaction on Monday, April 11th. The stock was sold at an average price of $4.71, for a total transaction of $141,300.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 80,000 shares of company stock worth $349,216. Company insiders own 6.25% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Koshinski Asset Management Inc. acquired a new position in shares of One Stop Systems in the fourth quarter valued at $42,000. Bailard Inc. acquired a new position in shares of One Stop Systems in the first quarter valued at $68,000. Jump Financial LLC increased its holdings in shares of One Stop Systems by 25.9% in the third quarter. Jump Financial LLC now owns 15,233 shares of the company’s stock valued at $76,000 after purchasing an additional 3,133 shares during the last quarter. LPL Financial LLC acquired a new position in shares of One Stop Systems in the fourth quarter valued at $188,000. Finally, Morgan Stanley increased its holdings in shares of One Stop Systems by 1,791,750.0% in the second quarter. Morgan Stanley now owns 71,674 shares of the company’s stock valued at $415,000 after purchasing an additional 71,670 shares during the last quarter. Institutional investors and hedge funds own 26.60% of the company’s stock.

One Stop Systems stock opened at $4.41 on Tuesday. The business’s fifty day moving average is $4.24 and its two-hundred day moving average is $4.52. The firm has a market cap of $83.25 million, a P/E ratio of 36.75 and a beta of 1.59. One Stop Systems has a 52 week low of $3.74 and a 52 week high of $6.66.

About One Stop Systems (Get Rating)

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 and solid-state flash technologies. The company provides custom servers, data acquisition platforms, compute accelerators, solid-state storage arrays, PCIe expansion products, and system I/O expansion systems, as well as edge optimized industrial and panel PCs.

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