Benchmark Cuts System1 (NYSE:SST) Price Target to $6.50

System1 (NYSE:SST) had its target price reduced by analysts at Benchmark from $8.00 to $6.50 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Benchmark’s target price indicates a potential upside of 296.83% from the company’s current price.

Several other research analysts have also recently issued reports on SST. Weiss Ratings upgraded System1 from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 14th. Wall Street Zen lowered shares of System1 from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, System1 has an average rating of “Hold” and a consensus price target of $6.50.

System1 Stock Down 2.5%

Shares of SST traded down $0.04 during mid-day trading on Thursday, reaching $1.64. The company had a trading volume of 30,073 shares, compared to its average volume of 1,452,754. The company has a debt-to-equity ratio of 13.11, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $16.28 million, a price-to-earnings ratio of -0.14 and a beta of 1.54. The firm has a 50-day moving average price of $2.52 and a 200 day moving average price of $2.97. System1 has a 52 week low of $1.35 and a 52 week high of $9.30.

System1 (NYSE:SST) last released its quarterly earnings results 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 business had revenue of $30.20 million for the quarter.

Institutional Investors Weigh In On System1

An institutional investor recently bought a new position in System1 stock. Citadel Advisors LLC acquired a new position in System1, Inc. (NYSE:SST) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,056 shares of the company’s stock, valued at approximately $71,000. Citadel Advisors LLC owned approximately 0.10% of System1 at the end of the most recent reporting period. Institutional investors own 87.50% of the company’s stock.

About System1

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.