One Stop Systems, Inc. (NASDAQ:OSS) Receives Consensus Recommendation of “Hold” from Analysts

One Stop Systems, Inc. (NASDAQ:OSS) has earned a consensus rating of “Hold” from the five ratings firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $4.06.

A number of equities research analysts have recently issued reports on OSS shares. Roth Mkm reaffirmed a “buy” rating and set a $5.50 target price (up previously from $5.00) on shares of One Stop Systems in a report on Friday, March 22nd. Benchmark upped their price objective on shares of One Stop Systems from $3.00 to $5.00 and gave the company a “buy” rating in a report on Friday, March 22nd.

One Stop Systems Price Performance

OSS opened at $2.87 on Tuesday. The firm has a fifty day moving average price of $3.19 and a 200 day moving average price of $2.42. One Stop Systems has a 1 year low of $1.56 and a 1 year high of $4.57. The stock has a market cap of $59.31 million, a P/E ratio of -8.68 and a beta of 1.27.

One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings data on Thursday, March 21st. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.05. The company had revenue of $13.16 million during the quarter, compared to analysts’ expectations of $13.00 million. One Stop Systems had a negative net margin of 11.03% and a negative return on equity of 10.09%. Equities analysts expect that One Stop Systems will post -0.14 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Steve D. Cooper sold 206,040 shares of the firm’s stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $1.81, for a total value of $372,932.40. Following the completion of the transaction, the insider now owns 1,923,572 shares of the company’s stock, valued at $3,481,665.32. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 8.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in OSS. One Degree Advisors Inc purchased a new position in One Stop Systems in the fourth quarter worth approximately $47,000. BlackRock Inc. lifted its stake in One Stop Systems by 16.3% in the second quarter. BlackRock Inc. now owns 54,773 shares of the company’s stock worth $157,000 after acquiring an additional 7,695 shares during the last quarter. Geode Capital Management LLC lifted its stake in One Stop Systems by 32.1% in the second quarter. Geode Capital Management LLC now owns 159,598 shares of the company’s stock worth $458,000 after acquiring an additional 38,787 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in One Stop Systems by 36.3% in the first quarter. Dimensional Fund Advisors LP now owns 77,224 shares of the company’s stock worth $192,000 after acquiring an additional 20,562 shares during the last quarter. Finally, FMR LLC purchased a new position in One Stop Systems in the first quarter worth approximately $27,000. Hedge funds and other institutional investors own 32.67% of the company’s stock.

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.