One Stop Systems (NASDAQ:OSS) Downgraded to “Hold” Rating by Zacks Research

Zacks Research lowered shares of One Stop Systems (NASDAQ:OSS) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on OSS. Lake Street Capital upped their price target on One Stop Systems from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Roth Mkm restated a “buy” rating and issued a $18.00 price target on shares of One Stop Systems in a report on Wednesday, May 6th. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded One Stop Systems from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 23rd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, One Stop Systems has an average rating of “Moderate Buy” and a consensus target price of $13.00.

One Stop Systems Trading Down 3.6%

Shares of OSS stock opened at $15.41 on Monday. The company has a market cap of $381.71 million, a price-to-earnings ratio of 61.64 and a beta of 1.14. The stock has a 50 day simple moving average of $10.45 and a 200-day simple moving average of $8.70. One Stop Systems has a 12-month low of $2.45 and a 12-month high of $17.33.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.06. The business had revenue of $8.07 million for the quarter, compared to analysts’ expectations of $6.98 million. One Stop Systems had a negative return on equity of 0.24% and a net margin of 12.44%. On average, equities analysts forecast that One Stop Systems will post -0.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On One Stop Systems

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in One Stop Systems by 129,005.6% during the 1st quarter. Bank of America Corp DE now owns 23,239 shares of the company’s stock valued at $176,000 after buying an additional 23,221 shares during the last quarter. Strait & Sound Wealth Management LLC acquired a new stake in One Stop Systems during the 1st quarter valued at $84,000. Sei Investments Co. grew its holdings in One Stop Systems by 66.9% during the 1st quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock valued at $1,261,000 after buying an additional 66,784 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in One Stop Systems during the 1st quarter valued at $159,000. Finally, SG Americas Securities LLC acquired a new stake in One Stop Systems during the 1st quarter valued at $212,000. Institutional investors and hedge funds own 32.67% of the company’s stock.

One Stop Systems Company Profile

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.