Zacks Research Upgrades System1 (NYSE:SST) to “Hold”

System1 (NYSE:SST) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research note issued to investors on Thursday, Zacks reports.

SST has been the subject of several other research reports. Benchmark reduced their price target on shares of System1 from $8.00 to $6.50 and set a “buy” rating for the company in a report on Thursday, August 6th. Wall Street Zen upgraded shares of System1 to a “sell” rating in a research note on Saturday, September 26th. Finally, Weiss Ratings lowered shares of System1 from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, System1 currently has an average rating of “Hold” and an average target price of $6.50.

System1 Trading Down 6.8%

Shares of System1 stock opened at $2.46 on Thursday. The firm has a market cap of $25.81 million, a P/E ratio of -0.22 and a beta of 1.62. System1 has a 12 month low of $1.35 and a 12 month high of $9.30. The stock’s fifty day moving average price is $2.57 and its 200-day moving average price is $2.73.

System1 (NYSE:SST) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($1.54) earnings per share for the quarter. System1 had a negative return on equity of 439.90% and a negative net margin of 50.66%.The business had revenue of $30.20 million during the quarter. Analysts forecast that System1 will post -8.85 earnings per share for the current year.

System1 Company Profile

System1, Inc is a technology and digital marketing company focused on customer acquisition. The company operates a data-driven marketing platform designed to help advertisers identify, reach and convert high-intent consumers across digital channels.

Its core platform, known as the Responsive Acquisition Marketing Platform, or RAMP, uses data, predictive models and machine learning to support customer acquisition campaigns. System1 works with advertising partners and publishers to generate traffic and leads, with activities spanning search, social media, display advertising and other online marketing formats.

The company also operates and develops consumer-focused digital media properties and websites that attract users and support its advertising and subscription businesses.