Equities research analysts expect One Stop Systems, Inc. (NASDAQ:OSS) to report sales of $17.10 million for the current quarter, Zacks reports. Two analysts have issued estimates for One Stop Systems’ earnings. One Stop Systems posted sales of $13.93 million during the same quarter last year, which suggests a positive year-over-year growth rate of 22.8%. The company is scheduled to issue its next earnings report on Thursday, March 24th.
On average, analysts expect that One Stop Systems will report full year sales of $61.30 million for the current fiscal year, with estimates ranging from $61.30 million to $61.31 million. For the next year, analysts forecast that the company will post sales of $68.35 million, with estimates ranging from $68.00 million to $68.70 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow One Stop Systems.
One Stop Systems (NASDAQ:OSS) last posted its quarterly earnings results on Wednesday, November 10th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.03 by $0.05. The business had revenue of $15.98 million for the quarter, compared to analysts’ expectations of $15.90 million. One Stop Systems had a net margin of 5.10% and a return on equity of 3.82%. During the same period in the previous year, the company posted $0.05 EPS.
In other news, major shareholder Steve D. Cooper sold 10,000 shares of the company’s stock in a transaction on Tuesday, November 23rd. The shares were sold at an average price of $5.30, for a total value of $53,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 25.30% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Koshinski Asset Management Inc. bought a new stake in One Stop Systems in the fourth quarter valued at $42,000. O Shaughnessy Asset Management LLC raised its position in One Stop Systems by 73.2% in the 2nd quarter. O Shaughnessy Asset Management LLC now owns 11,331 shares of the company’s stock worth $66,000 after buying an additional 4,789 shares during the last quarter. State Street Corp purchased a new stake in shares of One Stop Systems during the 2nd quarter valued at about $69,000. Jump Financial LLC grew its stake in shares of One Stop Systems by 25.9% during the 3rd quarter. Jump Financial LLC now owns 15,233 shares of the company’s stock valued at $76,000 after acquiring an additional 3,133 shares during the period. Finally, Occudo Quantitative Strategies LP bought a new position in One Stop Systems in the 2nd quarter worth approximately $84,000. Institutional investors own 23.85% of the company’s stock.
OSS stock remained flat at $$4.47 during mid-day trading on Friday. 85,065 shares of the company’s stock were exchanged, compared to its average volume of 67,536. The stock has a 50 day simple moving average of $4.91 and a 200-day simple moving average of $5.25. The company has a market cap of $83.44 million, a price-to-earnings ratio of 29.80 and a beta of 1.94. One Stop Systems has a one year low of $3.61 and a one year high of $9.50.
About One Stop Systems
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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