Brokerages Set One Stop Systems, Inc. (NASDAQ:OSS) Price Target at $4.06

Shares of One Stop Systems, Inc. (NASDAQ:OSS) have received a consensus rating of “Hold” from the five brokerages that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $4.06.

Several analysts have weighed in on the stock. Roth Mkm reiterated a “buy” rating and set a $5.50 target price (up previously from $5.00) on shares of One Stop Systems in a research note on Friday, March 22nd. Benchmark boosted their target price on shares of One Stop Systems from $3.00 to $5.00 and gave the company a “buy” rating in a research note on Friday, March 22nd.

One Stop Systems Trading Up 0.7 %

Shares of NASDAQ:OSS opened at $2.98 on Tuesday. The company has a fifty day simple moving average of $3.24 and a 200 day simple moving average of $2.44. The firm has a market cap of $61.86 million, a PE ratio of -9.03 and a beta of 1.27. One Stop Systems has a 12-month low of $1.56 and a 12-month high of $4.57.

One Stop Systems (NASDAQ:OSS) last released its earnings results on Thursday, March 21st. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.05. One Stop Systems had a negative net margin of 11.03% and a negative return on equity of 10.09%. The firm had revenue of $13.16 million during the quarter, compared to analyst estimates of $13.00 million. As a group, equities research analysts forecast that One Stop Systems will post -0.14 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Steve D. Cooper sold 206,040 shares of the business’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $1.81, for a total transaction 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 sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 8.00% of the company’s stock.

Hedge Funds Weigh In On One Stop Systems

Several hedge funds and other institutional investors have recently modified their holdings of the company. Lynrock Lake LP lifted its holdings in One Stop Systems by 15.4% in the fourth quarter. Lynrock Lake LP now owns 1,782,528 shares of the company’s stock worth $5,365,000 after purchasing an additional 238,227 shares during the period. Geode Capital Management LLC lifted its holdings 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 purchasing an additional 38,787 shares during the period. Dimensional Fund Advisors LP lifted its holdings 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 purchasing an additional 20,562 shares during the period. BlackRock Inc. lifted its holdings 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 purchasing an additional 7,695 shares during the period. Finally, State Street Corp lifted its holdings in One Stop Systems by 11.2% in the first quarter. State Street Corp now owns 45,476 shares of the company’s stock worth $174,000 after purchasing an additional 4,576 shares during the period. Institutional investors and hedge funds own 32.67% of the company’s stock.

About One Stop Systems

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.