System1 (NYSE:SST) Stock Rating Raised to “Hold” at Zacks Research

System1 (NYSE:SST) was upgraded by analysts at Zacks Research to a “hold” rating in a note issued to investors on Thursday, Zacks reports.

Several other analysts also recently commented on the company. Weiss Ratings downgraded System1 from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, September 3rd. Benchmark decreased their price target on System1 from $8.00 to $6.50 and set a “buy” rating for the company in a research note on Thursday, August 6th. Finally, Wall Street Zen raised System1 to a “sell” rating in a report on Saturday, September 26th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, System1 currently has a consensus rating of “Hold” and an average target price of $6.50.

System1 Stock Performance

Shares of NYSE SST opened at $2.46 on Thursday. The firm’s 50 day moving average price is $2.57 and its 200-day moving average price is $2.73. System1 has a 52-week low of $1.35 and a 52-week high of $9.30. The company has a market cap of $25.81 million, a PE ratio of -0.22 and a beta of 1.62.

System1 (NYSE:SST) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($1.54) earnings per share for the quarter. System1 had a negative net margin of 50.66% and a negative return on equity of 439.90%. The firm had revenue of $30.20 million for the quarter. On average, analysts forecast that System1 will post -8.85 earnings per share for the current fiscal year.

System1 Company Profile

System1, Inc is a technology and digital marketing company focused on customer acquisition. The company operates a data-driven marketing platform designed to help advertisers identify, reach and convert high-intent consumers across digital channels.

Its core platform, known as the Responsive Acquisition Marketing Platform, or RAMP, uses data, predictive models and machine learning to support customer acquisition campaigns. System1 works with advertising partners and publishers to generate traffic and leads, with activities spanning search, social media, display advertising and other online marketing formats.

The company also operates and develops consumer-focused digital media properties and websites that attract users and support its advertising and subscription businesses.