One Stop Systems, Inc. (NASDAQ:OSS) Receives $4.06 Consensus Price Target from Brokerages

Shares of One Stop Systems, Inc. (NASDAQ:OSS) have been assigned an average recommendation of “Hold” from the five analysts that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $4.06.

A number of brokerages have recently commented on OSS. Benchmark raised their target price on shares of One Stop Systems from $3.00 to $5.00 and gave the stock a “buy” rating in a research report on Friday, March 22nd. Roth Mkm reaffirmed a “buy” rating and set a $5.50 target price (up from $5.00) on shares of One Stop Systems in a research report on Friday, March 22nd.

One Stop Systems Trading Up 0.7 %

Shares of NASDAQ:OSS opened at $2.98 on Tuesday. The company has a market capitalization of $61.86 million, a price-to-earnings ratio of -9.03 and a beta of 1.27. One Stop Systems has a 12 month low of $1.56 and a 12 month high of $4.57. The firm’s 50-day moving average is $3.24 and its 200 day moving average is $2.44.

One Stop Systems (NASDAQ:OSS) last issued its quarterly earnings results on Thursday, March 21st. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.05. The company had revenue of $13.16 million for the quarter, compared to the consensus estimate of $13.00 million. One Stop Systems had a negative net margin of 11.03% and a negative return on equity of 10.09%. As a group, equities analysts forecast that One Stop Systems will post -0.14 EPS for the current fiscal year.

Insider Buying and Selling at One Stop Systems

In other news, major shareholder Steve D. Cooper sold 206,040 shares of One Stop Systems stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $1.81, for a total transaction of $372,932.40. Following the completion of the sale, the insider now directly owns 1,923,572 shares in the company, valued at $3,481,665.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 8.00% of the stock is owned by insiders.

Institutional Investors Weigh In On One Stop Systems

Institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC acquired a new position in One Stop Systems during the first quarter valued at $27,000. One Degree Advisors Inc acquired a new position in One Stop Systems during the fourth quarter valued at $47,000. BlackRock Inc. lifted its position in One Stop Systems by 16.3% during the second quarter. BlackRock Inc. now owns 54,773 shares of the company’s stock valued at $157,000 after purchasing an additional 7,695 shares during the period. State Street Corp lifted its position in One Stop Systems by 11.2% during the first quarter. State Street Corp now owns 45,476 shares of the company’s stock valued at $174,000 after purchasing an additional 4,576 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in One Stop Systems by 13.4% during the third quarter. Dimensional Fund Advisors LP now owns 55,956 shares of the company’s stock valued at $179,000 after purchasing an additional 6,629 shares during the period. 32.67% of the stock is currently owned by institutional investors and hedge funds.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of high-performance compute, high speed storage hardware and software, switch fabrics, and systems for edge deployments in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit and high-speed switch fabrics and flash storage technologies.