Shares of One Stop Systems Inc (NASDAQ:OSS) have received an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating.
Brokers have set a 12-month consensus price target of $7.00 for the company and are predicting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also given One Stop Systems an industry rank of 31 out of 255 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded One Stop Systems from a “hold” rating to a “strong sell” rating in a research note on Friday, January 25th.
In other One Stop Systems news, Director John Ralph Reardon sold 17,500 shares of One Stop Systems stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $2.84, for a total transaction of $49,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jim Ison sold 30,967 shares of One Stop Systems stock in a transaction dated Thursday, December 13th. The shares were sold at an average price of $2.66, for a total value of $82,372.22. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 53,077 shares of company stock valued at $145,119. Insiders own 43.20% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in OSS. Vanguard Group Inc bought a new stake in One Stop Systems in the third quarter valued at approximately $337,000. Vanguard Group Inc. purchased a new stake in One Stop Systems in the third quarter worth $337,000. Worth Venture Partners LLC purchased a new stake in One Stop Systems in the third quarter worth $279,000. Finally, Wasatch Advisors Inc. boosted its holdings in One Stop Systems by 2.8% in the third quarter. Wasatch Advisors Inc. now owns 721,448 shares of the company’s stock worth $2,684,000 after acquiring an additional 19,419 shares in the last quarter. Institutional investors own 15.73% of the company’s stock.
NASDAQ:OSS opened at $2.54 on Friday. One Stop Systems has a one year low of $1.81 and a one year high of $6.25.
One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings data on Thursday, November 8th. The company reported $0.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.03. One Stop Systems had a negative net margin of 3.82% and a negative return on equity of 3.20%. The business had revenue of $9.63 million during the quarter, compared to analysts’ expectations of $10.40 million. Analysts forecast that One Stop Systems will post -0.1 EPS for the current year.
One Stop Systems Company Profile
One Stop Systems, Inc designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.
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