Wall Street Zen Upgrades One Stop Systems (NASDAQ:OSS) to “Hold”

One Stop Systems (NASDAQ:OSS) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

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

One Stop Systems Price Performance

Shares of OSS opened at $9.97 on Friday. The company’s fifty day moving average price is $12.87 and its 200-day moving average price is $12.52. One Stop Systems has a 1-year low of $4.17 and a 1-year high of $20.88. The firm has a market capitalization of $248.65 million, a PE ratio of 199.44 and a beta of 1.45.

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

Institutional Investors Weigh In On One Stop Systems

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 valued at about $33,412,000. Bard Associates Inc. acquired a new position in shares of One Stop Systems in the 2nd quarter valued at about $9,569,000. Manatuck Hill Partners LLC boosted its stake in shares of One Stop Systems by 100.0% in the fourth quarter. Manatuck Hill Partners LLC now owns 100,000 shares of the company’s stock worth $718,000 after buying an additional 50,000 shares during the last quarter. Sei Investments Co. boosted its stake in shares of One Stop Systems by 66.9% in the first quarter. Sei Investments Co. now owns 166,632 shares of the company’s stock worth $1,261,000 after buying an additional 66,784 shares during the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new stake in One Stop Systems during the fourth quarter worth about $221,000. 32.67% of the stock is owned by hedge funds and other institutional investors.

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.