One Stop Systems, Inc. (NASDAQ:OSS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of One Stop Systems, Inc. (NASDAQ:OSS) have been assigned an average rating of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $16.00.

Several research firms have commented on OSS. Roth Mkm reaffirmed a “buy” rating and issued a $18.00 target price on shares of One Stop Systems in a research note on Wednesday, May 6th. Alliance Global Partners reaffirmed a “buy” rating on shares of One Stop Systems in a research note on Wednesday, May 6th. Lake Street Capital lifted their target price on shares of One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Friday, June 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of One Stop Systems in a research note on Thursday, June 18th. Finally, Zacks Research cut shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th.

One Stop Systems Stock Performance

OSS stock opened at $16.24 on Monday. The stock has a market capitalization of $401.78 million, a P/E ratio of 64.96 and a beta of 1.41. One Stop Systems has a one year low of $3.46 and a one year high of $20.88. The company has a 50 day moving average price of $15.27 and a two-hundred day moving average price of $11.07.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Wednesday, May 6th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.06. The firm had revenue of $8.07 million during the quarter, compared to analysts’ expectations of $6.98 million. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. Research analysts forecast that One Stop Systems will post -0.08 earnings per share for the current fiscal year.

Insider Buying and Selling at One Stop Systems

In other One Stop Systems news, Director Gregory W. Matz sold 8,000 shares of One Stop Systems stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.52, for a total value of $140,160.00. Following the transaction, the director owned 78,914 shares in the company, valued at $1,382,573.28. This trade represents a 9.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Mitchell H. Herbets sold 5,000 shares of One Stop Systems stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.62, for a total transaction of $88,100.00. Following the completion of the transaction, the director owned 48,984 shares in the company, valued at approximately $863,098.08. This trade represents a 9.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 21,000 shares of company stock worth $369,380 in the last quarter. 3.90% of the stock is owned by insiders.

Hedge Funds Weigh In On One Stop Systems

A number of hedge funds have recently made changes to their positions in OSS. Smartleaf Asset Management LLC acquired a new position in shares of One Stop Systems in the 4th quarter valued at $29,000. Marex Group plc acquired a new position in shares of One Stop Systems in the 2nd quarter valued at $36,000. FNY Investment Advisers LLC acquired a new position in shares of One Stop Systems in the 4th quarter valued at $46,000. Walleye Capital LLC acquired a new position in shares of One Stop Systems in the 2nd quarter valued at $46,000. Finally, DNB Asset Management AS acquired a new position in shares of One Stop Systems in the 3rd quarter valued at $83,000. 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.