System1 (NYSE:SST) Posts Quarterly Earnings Results

System1 (NYSE:SST) released its quarterly earnings data on Wednesday. The company reported ($1.55) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $30.20 million for the quarter. System1 had a negative return on equity of 439.90% and a negative net margin of 42.18%.

System1 Stock Performance

NYSE SST traded down $0.17 on Wednesday, reaching $1.84. The stock had a trading volume of 78,426 shares, compared to its average volume of 1,462,159. The company has a debt-to-equity ratio of 13.11, a quick ratio of 0.89 and a current ratio of 0.89. System1 has a 12-month low of $1.35 and a 12-month high of $9.30. The business’s 50-day moving average price is $2.54 and its 200 day moving average price is $2.98. The stock has a market cap of $18.34 million, a P/E ratio of -0.15 and a beta of 1.54.

Hedge Funds Weigh In On System1

A hedge fund recently raised its position in System1 stock. BNP Paribas Financial Markets boosted its holdings in System1, Inc. (NYSE:SST) by 125.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,511 shares of the company’s stock after purchasing an additional 2,513 shares during the quarter. BNP Paribas Financial Markets’ holdings in System1 were worth $25,000 at the end of the most recent quarter. 87.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SST shares. Weiss Ratings raised shares of System1 from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. Wall Street Zen downgraded shares of System1 from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, System1 presently has an average rating of “Hold” and a consensus price target of $10.00.

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.