Wall Street Zen downgraded shares of One Stop Systems (NASDAQ:OSS – Free Report) from a hold rating to a sell rating in a research report sent to investors on Saturday,Wall Street Zen reports.
Several other research firms have also issued reports on OSS. Clear Str upgraded One Stop Systems to a “strong-buy” rating in a research report on Monday, July 13th. Weiss Ratings downgraded One Stop Systems from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 25th. Finally, Lake Street Capital increased their price objective on One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.
Check Out Our Latest Stock Analysis on OSS
One Stop Systems Stock Down 0.3%
One Stop Systems (NASDAQ:OSS – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. One Stop Systems had a return on equity of 2.22% and a net margin of 2.67%.The firm had revenue of $9.35 million for the quarter, compared to analysts’ expectations of $8.50 million. During the same period last year, the firm earned ($0.09) earnings per share. Equities analysts expect that One Stop Systems will post -0.1 earnings per share for the current fiscal year.
Institutional Trading of One Stop Systems
A number of institutional investors have recently modified their holdings of OSS. BlackRock Inc. purchased a new position in One Stop Systems during the 2nd quarter valued at about $33,412,000. Bard Associates Inc. bought a new position in One Stop Systems during the 2nd quarter valued at approximately $9,569,000. Squarepoint Ops LLC raised its position in One Stop Systems by 124.6% during the 2nd quarter. Squarepoint Ops LLC now owns 131,346 shares of the company’s stock valued at $2,388,000 after purchasing an additional 72,870 shares during the last quarter. Sei Investments Co. lifted its holdings in One Stop Systems by 66.9% in the 1st quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock worth $1,261,000 after buying an additional 66,784 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in One Stop Systems in the 2nd quarter worth approximately $1,136,000. 32.67% of the stock is currently owned by hedge funds and other institutional investors.
One Stop Systems Company Profile
One Stop Systems, Inc (NASDAQ: OSS) designs and manufactures high-performance computing systems for applications that require rapid data processing in demanding environments. The company focuses on artificial intelligence and machine learning, sensor processing, data acquisition, and other compute-intensive workloads for defense, aerospace, industrial, and commercial customers.
Its product portfolio includes ruggedized servers, GPU-accelerated computing platforms, PCI Express expansion systems, high-performance storage solutions, and related hardware designed to connect processors, graphics processing units, sensors, and other specialized components.
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