System1 (NYSE:SST) Price Target Cut to $6.50 by Analysts at Benchmark

System1 (NYSE:SST) had its price objective dropped by stock analysts at Benchmark from $8.00 to $6.50 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s target price would indicate a potential upside of 296.83% from the stock’s previous close.

A number of other research firms have also recently issued reports on SST. Wall Street Zen cut System1 from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. Weiss Ratings raised System1 from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $6.50.

System1 Price Performance

Shares of SST traded down $0.04 during mid-day trading on Thursday, hitting $1.64. 30,073 shares of the company traded hands, compared to its average volume of 1,452,754. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 13.11. The business has a 50-day moving average of $2.52 and a 200 day moving average of $2.97. System1 has a one year low of $1.35 and a one year high of $9.30. The stock has a market capitalization of $16.28 million, a price-to-earnings ratio of -0.14 and a beta of 1.54.

System1 (NYSE:SST) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($1.54) EPS for the quarter. System1 had a negative net margin of 42.18% and a negative return on equity of 439.90%. The firm had revenue of $30.20 million during the quarter.

Institutional Trading of System1

An institutional investor recently bought a new stake in System1 stock. Citadel Advisors LLC acquired a new position in shares of System1, Inc. (NYSE:SST) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned about 0.10% of System1 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 87.50% of the company’s stock.

System1 Company Profile

System1, Inc (NYSE: SST) is a technology-driven marketing company that leverages machine learning and first-party consumer intent data to connect advertisers with potential customers. Headquartered in Venice, California, System1 focuses on developing automated, data-powered solutions to drive performance marketing across digital channels. The company’s platform captures real-time consumer insights and applies predictive analytics to optimize ad delivery and improve campaign efficiency.

The business operates through two primary segments: Consumer Acquisition and Consumer Research.