One Stop Systems, Inc. (NASDAQ:OSS) Receives $16.00 Average Target Price from Brokerages

Shares of One Stop Systems, Inc. (NASDAQ:OSS) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $16.00.

Several research firms recently weighed in on OSS. Zacks Research lowered One Stop Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Clear Str upgraded One Stop Systems to a “strong-buy” rating in a report on Monday, July 13th. Lake Street Capital raised their price objective on One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, June 5th. 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, Alliance Global Partners reaffirmed a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC purchased a new stake in shares of One Stop Systems in the fourth quarter worth $29,000. Marex Group plc purchased a new position in shares of One Stop Systems in the 2nd quarter worth about $36,000. FNY Investment Advisers LLC purchased a new position in shares of One Stop Systems in the 4th quarter worth about $46,000. Walleye Capital LLC bought a new position in One Stop Systems in the 2nd quarter worth about $46,000. Finally, Strait & Sound Wealth Management LLC bought a new position in One Stop Systems in the 1st quarter worth about $84,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

One Stop Systems Price Performance

OSS stock opened at $12.49 on Friday. One Stop Systems has a 1 year low of $4.17 and a 1 year high of $20.88. The company has a market cap of $309.00 million, a P/E ratio of 49.96 and a beta of 1.43. The firm has a 50-day moving average of $16.11 and a 200 day moving average of $12.06.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.06. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. The business had revenue of $8.07 million during the quarter, compared to analyst estimates of $6.98 million. On average, equities research analysts expect that One Stop Systems will post -0.08 earnings per share 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.