One Stop Systems, Inc. (NASDAQ:OSS) Receives Consensus Rating of “Moderate Buy” from Analysts

One Stop Systems, Inc. (NASDAQ:OSS) has earned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $16.00.

A number of equities research analysts recently commented on the stock. Alliance Global Partners restated a “buy” rating on shares of One Stop Systems in a research report on Wednesday, May 6th. Zacks Research downgraded One Stop Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Lake Street Capital raised their price target on One Stop Systems from $18.00 to $21.00 and gave the company a “buy” rating in a report on Friday, June 5th. Clear Str upgraded One Stop Systems to a “strong-buy” rating in a research note on Monday, July 13th. Finally, Weiss Ratings raised One Stop Systems from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 15th.

One Stop Systems Stock Performance

Shares of One Stop Systems stock opened at $13.31 on Friday. 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 $329.29 million, a P/E ratio of 53.24 and a beta of 1.43. The firm has a fifty day moving average of $16.19 and a two-hundred day moving average of $12.02.

One Stop Systems (NASDAQ:OSS) last issued its earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.06. One Stop Systems had a net margin of 12.44% and a negative return on equity of 0.24%. The business had revenue of $8.07 million for the quarter, compared to the consensus estimate of $6.98 million. As a group, equities analysts predict that One Stop Systems will post -0.08 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Mitchell H. Herbets sold 5,000 shares of the company’s 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 transaction, the director directly owned 48,984 shares of the company’s stock, valued at $863,098.08. This represents a 9.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director David George Bassett sold 8,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $17.64, for a total transaction of $141,120.00. Following the completion of the transaction, the director owned 24,984 shares of the company’s stock, valued at $440,717.76. This represents a 24.25% 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. In the last ninety days, insiders have sold 21,000 shares of company stock worth $369,380. Corporate insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On One Stop Systems

A number of hedge funds and other institutional investors have recently modified their holdings of OSS. Smartleaf Asset Management LLC purchased a new stake in shares of One Stop Systems during the 4th quarter worth approximately $29,000. FNY Investment Advisers LLC purchased a new position in One Stop Systems in the 4th quarter valued at approximately $46,000. Marex Group plc acquired a new position in One Stop Systems during the second quarter worth $36,000. Strait & Sound Wealth Management LLC acquired a new position in One Stop Systems during the first quarter worth $84,000. Finally, Savant Capital LLC purchased a new stake in One Stop Systems during the fourth quarter worth $87,000. 32.67% of the stock is currently owned by institutional investors and hedge funds.

About One Stop Systems

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.