OneStream (NASDAQ:OS) Given “Neutral” Rating at Rosenblatt Securities

Rosenblatt Securities restated their neutral rating on shares of OneStream (NASDAQ:OSFree Report) in a research report report published on Wednesday,Benzinga reports. The brokerage currently has a $24.00 target price on the stock, down from their prior target price of $26.00.

A number of other brokerages also recently commented on OS. Piper Sandler downgraded OneStream from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $28.00 to $24.00 in a research report on Tuesday. Guggenheim cut shares of OneStream from a “buy” rating to a “neutral” rating in a report on Wednesday. Cowen downgraded shares of OneStream from a “buy” rating to a “hold” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a research report on Wednesday, October 8th. Finally, Citigroup lowered their target price on shares of OneStream from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Tuesday, December 23rd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, OneStream presently has an average rating of “Hold” and a consensus target price of $26.82.

Read Our Latest Stock Report on OS

OneStream Stock Down 0.1%

Shares of OS stock opened at $23.58 on Wednesday. The firm has a 50 day moving average of $19.64 and a two-hundred day moving average of $20.82. The stock has a market capitalization of $5.75 billion, a PE ratio of -49.11 and a beta of 2.04. OneStream has a 52 week low of $16.51 and a 52 week high of $30.93.

OneStream (NASDAQ:OSGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.06. OneStream had a positive return on equity of 9.65% and a negative net margin of 14.50%.The business had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same period last year, the firm earned ($1.06) earnings per share. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts expect that OneStream will post 0.05 EPS for the current fiscal year.

Insiders Place Their Bets

In other OneStream news, CRO Ken Hohenstein sold 40,000 shares of the company’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $16.85, for a total value of $674,000.00. Following the completion of the transaction, the executive owned 997,062 shares in the company, valued at $16,800,494.70. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO William A. Koefoed sold 9,571 shares of OneStream stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $17.73, for a total value of $169,693.83. Following the sale, the chief financial officer owned 206,127 shares in the company, valued at $3,654,631.71. This trade represents a 4.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,571 shares of company stock worth $1,532,094 over the last ninety days. Insiders own 12.77% of the company’s stock.

Institutional Investors Weigh In On OneStream

Several hedge funds have recently made changes to their positions in OS. Advisors Asset Management Inc. increased its position in OneStream by 68.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock valued at $41,000 after acquiring an additional 585 shares during the period. Advisory Services Network LLC purchased a new position in shares of OneStream in the 3rd quarter valued at approximately $27,000. First Horizon Advisors Inc. increased its holdings in shares of OneStream by 44.9% in the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock valued at $46,000 after purchasing an additional 499 shares during the period. Rhumbline Advisers purchased a new stake in shares of OneStream during the first quarter worth approximately $35,000. Finally, KBC Group NV acquired a new stake in shares of OneStream during the second quarter worth $58,000.

More OneStream News

Here are the key news stories impacting OneStream this week:

About OneStream

(Get Free Report)

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.

Read More

Analyst Recommendations for OneStream (NASDAQ:OS)

Receive News & Ratings for OneStream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneStream and related companies with MarketBeat.com's FREE daily email newsletter.