OneStream (NASDAQ:OS) Earns Sell (E+) Rating from Weiss Ratings

OneStream (NASDAQ:OS)‘s stock had its “sell (e+)” rating reissued by stock analysts at Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

Other research analysts have also issued research reports about the company. Wedbush reduced their price objective on OneStream from $35.00 to $25.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Raymond James Financial reduced their price objective on OneStream from $29.00 to $27.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Morgan Stanley restated an “overweight” rating on shares of OneStream in a research report on Friday, September 19th. BMO Capital Markets reduced their price objective on OneStream from $33.00 to $28.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Finally, Citigroup restated a “neutral” rating and set a $29.00 price objective (up previously from $27.00) on shares of OneStream in a research report on Wednesday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, OneStream presently has an average rating of “Moderate Buy” and a consensus target price of $29.94.

OneStream Trading Down 0.2%

Shares of NASDAQ OS opened at $17.99 on Friday. OneStream has a twelve month low of $16.51 and a twelve month high of $35.39. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of -12.07 and a beta of 2.08. The business has a 50 day simple moving average of $19.06 and a 200-day simple moving average of $22.89.

OneStream (NASDAQ:OS) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.The business had revenue of $147.59 million during the quarter, compared to the consensus estimate of $141.10 million. The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. As a group, equities analysts predict that OneStream will post 0.05 earnings per share for the current year.

Insiders Place Their Bets

In other OneStream news, Director John Kinzer sold 30,000 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $20.00, for a total transaction of $600,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Ken Hohenstein sold 40,000 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $18.69, for a total value of $747,600.00. Following the transaction, the executive owned 997,062 shares of the company’s stock, valued at $18,635,088.78. This trade represents a 3.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 138,943 shares of company stock worth $2,622,985. 12.77% of the stock is owned by company insiders.

Institutional Trading of OneStream

Hedge funds and other institutional investors have recently modified their holdings of the company. Champlain Investment Partners LLC raised its stake in shares of OneStream by 17.4% in the 1st quarter. Champlain Investment Partners LLC now owns 4,037,595 shares of the company’s stock worth $86,162,000 after buying an additional 598,757 shares in the last quarter. Optimize Financial Inc bought a new stake in shares of OneStream in the 1st quarter worth $343,000. Bessemer Group Inc. raised its stake in shares of OneStream by 20.1% in the 1st quarter. Bessemer Group Inc. now owns 64,893 shares of the company’s stock worth $1,385,000 after buying an additional 10,883 shares in the last quarter. Voleon Capital Management LP raised its stake in shares of OneStream by 52.7% in the 1st quarter. Voleon Capital Management LP now owns 66,753 shares of the company’s stock worth $1,425,000 after buying an additional 23,028 shares in the last quarter. Finally, M&T Bank Corp raised its stake in shares of OneStream by 99.4% in the 1st quarter. M&T Bank Corp now owns 36,433 shares of the company’s stock worth $778,000 after buying an additional 18,165 shares in the last quarter.

OneStream Company Profile

OneStream, Inc is a holding company, which engages in the development of an artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.