$0.06 EPS Expected for One Stop Systems, Inc. (NASDAQ:OSS) This Quarter

Wall Street brokerages forecast that One Stop Systems, Inc. (NASDAQ:OSS) will post earnings per share of $0.06 for the current fiscal quarter, according to Zacks. Two analysts have made estimates for One Stop Systems’ earnings, with the highest EPS estimate coming in at $0.06 and the lowest estimate coming in at $0.05. One Stop Systems reported earnings per share of $0.07 in the same quarter last year, which would indicate a negative year over year growth rate of 14.3%. The company is expected to announce its next quarterly earnings report on Thursday, November 11th.

According to Zacks, analysts expect that One Stop Systems will report full-year earnings of $0.20 per share for the current year, with EPS estimates ranging from $0.19 to $0.20. For the next year, analysts expect that the business will post earnings of $0.23 per share. Zacks’ earnings per share averages are an average based on a survey of research firms that follow One Stop Systems.

One Stop Systems (NASDAQ:OSS) last released its quarterly earnings results on Thursday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. One Stop Systems had a return on equity of 3.84% and a net margin of 5.15%. The business had revenue of $14.91 million during the quarter, compared to the consensus estimate of $14.40 million.

Several research analysts recently weighed in on OSS shares. Benchmark assumed coverage on shares of One Stop Systems in a research note on Tuesday, August 17th. They issued a “buy” rating for the company. Lake Street Capital assumed coverage on One Stop Systems in a report on Wednesday, July 7th. They issued a “buy” rating and a $8.00 price target for the company. Alliance Global Partners assumed coverage on One Stop Systems in a report on Wednesday, May 26th. They issued a “buy” rating and a $8.00 price target for the company. Roth Capital lifted their price target on One Stop Systems from $8.00 to $8.50 and gave the company a “buy” rating in a report on Friday, August 13th. Finally, Zacks Investment Research cut One Stop Systems from a “hold” rating to a “sell” rating in a report on Wednesday, May 26th. One equities research analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $7.47.

OSS stock traded down $0.16 during trading on Friday, hitting $5.30. The stock had a trading volume of 2,136 shares, compared to its average volume of 306,804. The company’s 50 day moving average price is $5.63 and its two-hundred day moving average price is $5.95. One Stop Systems has a 1-year low of $2.04 and a 1-year high of $9.50. The stock has a market cap of $98.73 million, a price-to-earnings ratio of 36.40 and a beta of 2.04.

In related news, major shareholder Steve D. Cooper sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, September 2nd. The stock was sold at an average price of $5.93, for a total transaction of $118,600.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Steve D. Cooper sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, August 27th. The shares were sold at an average price of $5.66, for a total value of $283,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 131,030 shares of company stock worth $776,607. 25.30% of the stock is currently owned by corporate insiders.

Hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. bought a new position in One Stop Systems during the 1st quarter worth $294,000. Jane Street Group LLC bought a new position in One Stop Systems during the 1st quarter worth $84,000. Northern Trust Corp grew its stake in One Stop Systems by 124.1% during the 1st quarter. Northern Trust Corp now owns 24,971 shares of the company’s stock worth $158,000 after buying an additional 13,827 shares during the last quarter. Millennium Management LLC bought a new position in One Stop Systems during the 1st quarter worth $192,000. Finally, O Shaughnessy Asset Management LLC bought a new position in One Stop Systems during the 1st quarter worth $41,000. 23.56% of the stock is currently owned by institutional investors and hedge funds.

One Stop Systems Company Profile

One Stop Systems, Inc engages in the design, manufacture, and marketing of computing modules and systems targeting edge deployments. It specializes in computers and storage products incorporate state-of-the art components, and allow its customers to offer high-end computing capabilities to their target markets.

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