Movers and SHAKERS
One Stop Systems Inc. (OSS)
Runway Prepped for Exciting Growth; Raising Rating and PT
One Stop Systems Inc is US-based company which is principally engaged in designing, manufacturing, marketing high-end systems for high performance computing (HPC) applications. The company offers custom servers, compute accelerators, solid-state storage arrays and system expansion systems. The product line of the company includes GPU Appliances, GPU Expansion, GPUs and co-processors, Flash storage arrays, Flash storage expansion, Servers, Disk Arrays, Desktop computing appliances, accessories and parts. The company delivers high-end technology to customers through the sale of equipment and software for use on their premises or through remote cloud access to secure data centres housing technology.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Raising Rating and PT. Given the sell off in the shares, we believe OSS presents investors with a favorable risk/reward, especially in light of the Company's exciting growth potential, in our view. We are raising our rating and instituting a new 12-month price target. At our PT OSS shares would trade at 2.0x on a EV/estimated 2021 revenue.
1Q21 Results. Revenue of $13.3 million almost equaled the record $13.4 million generated in the first quarter of 2020, a non-COVID impacted quarter. OSS reported breakeven EPS for the quarter, compared to an EPS loss of $0.07 last year. Adjusted EPS was $0.03 in 1Q21 versus a loss of $0.04 in 1Q20. We had projected revenue of $13 million and a net loss of $0.03 per share ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.