One Stop Systems (NASDAQ:OSS) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of One Stop Systems (NASDAQ:OSS) from a sell rating to a hold rating in a report published on Saturday morning,Wall Street Zen reports.

A number of other research firms have also weighed in on OSS. Lake Street Capital boosted their price target on shares of One Stop Systems from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, June 5th. Weiss Ratings downgraded shares of One Stop Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 25th. Zacks Research lowered shares of One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Clear Str upgraded One Stop Systems to a “strong-buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $16.00.

One Stop Systems Stock Performance

NASDAQ OSS opened at $9.97 on Friday. The business has a fifty day moving average price of $12.87 and a 200 day moving average price of $12.49. One Stop Systems has a one year low of $4.17 and a one year high of $20.88. The company has a market cap of $248.65 million, a P/E ratio of 199.44 and a beta of 1.45.

One Stop Systems (NASDAQ:OSS) last announced its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.02. One Stop Systems had a net margin of 2.67% and a return on equity of 2.22%. The company had revenue of $9.35 million for the quarter, compared to analysts’ expectations of $8.50 million. During the same quarter in the previous year, the company posted ($0.09) EPS. As a group, sell-side analysts predict that One Stop Systems will post -0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On One Stop Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of One Stop Systems during the 2nd quarter worth $33,412,000. Vanguard Group Inc. increased its position in shares of One Stop Systems by 17.4% during the 3rd quarter. Vanguard Group Inc. now owns 872,700 shares of the company’s stock worth $4,678,000 after purchasing an additional 129,479 shares during the last quarter. Jane Street Group LLC raised its holdings in One Stop Systems by 85.2% in the 4th quarter. Jane Street Group LLC now owns 603,805 shares of the company’s stock valued at $4,335,000 after buying an additional 277,763 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in One Stop Systems in the 3rd quarter valued at about $2,959,000. Finally, Bard Associates Inc. purchased a new stake in One Stop Systems in the 2nd quarter valued at about $9,569,000. Hedge funds and other institutional investors 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.