System1 Inc [NYSE: SST] jumped around 0.95 points on previous day while shares priced at $6.13 at the close of the session, up 18.34%.
Compared to the average trading volume of 29.83K shares, SST reached a trading volume of 140254 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about System1 Inc [SST]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SST shares is $50.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SST stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for System1 Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on November 08, 2022. While these analysts kept the previous recommendation, BofA Securities raised their target price to Buy. The new note on the price target was released on July 11, 2022, representing the official price target for System1 Inc stock. Previously, the target price had yet another raise to $14, while Evercore ISI analysts kept a In-line rating on SST stock.
The Average True Range (ATR) for System1 Inc is set at 0.84, with the Price to Sales ratio for SST stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 0.68, with the Price to Cash per share for the same quarter was set at 4.59.
How has SST stock performed recently?
System1 Inc [SST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 61.23. With this latest performance, SST shares gained by 40.18% in over the last four-week period, additionally sinking by -29.43% over the last 6 months – not to mention a drop of -57.43% in the past year of trading.
System1 Inc [SST]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and System1 Inc [SST] shares currently have an operating margin of -22.77% and a Gross Margin at -7.42%. System1 Inc’s Net Margin is presently recorded at -23.99%.
Return on Equity for this stock declined to -17.02%, with Return on Assets sitting at -17.02%.
Insider trade positions for System1 Inc [SST]
The top three institutional holders of SST stocks are: CANNAE HOLDINGS, INC. with ownership of 27.01 million shares, which is approximately 38.9329%. BLACKROCK INC., holding 1.73 million shares of the stock with an approximate value of $$2.64 million in SST stocks shares; and BLACKROCK INC., currently with $$2.56 million in SST stock with ownership which is approximately 2.4302%.
