System1 (NYSE:SST) Stock Moved Up to Hold by Zacks Research

Zacks Research upgraded shares of System1 (NYSE:SST) to a hold rating in a research report sent to investors on Thursday morning,Zacks reports.

SST has been the subject of several other reports. Weiss Ratings lowered System1 from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 3rd. Wall Street Zen raised System1 to a “sell” rating in a research report on Saturday, September 26th. Finally, Benchmark cut their price objective on System1 from $8.00 to $6.50 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.50.

System1 Price Performance

SST opened at $2.46 on Thursday. System1 has a fifty-two week low of $1.35 and a fifty-two week high of $9.30. The firm has a market capitalization of $25.81 million, a P/E ratio of -0.22 and a beta of 1.62. The company’s 50-day moving average is $2.57 and its 200 day moving average is $2.73.

System1 (NYSE:SST) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($1.54) earnings per share (EPS) for the quarter. System1 had a negative return on equity of 439.90% and a negative net margin of 50.66%.The firm had revenue of $30.20 million during the quarter. On average, equities research analysts expect that System1 will post -8.85 earnings per share for the current year.

About System1

System1, Inc is a technology and digital marketing company focused on customer acquisition. The company operates a data-driven marketing platform designed to help advertisers identify, reach and convert high-intent consumers across digital channels.

Its core platform, known as the Responsive Acquisition Marketing Platform, or RAMP, uses data, predictive models and machine learning to support customer acquisition campaigns. System1 works with advertising partners and publishers to generate traffic and leads, with activities spanning search, social media, display advertising and other online marketing formats.

The company also operates and develops consumer-focused digital media properties and websites that attract users and support its advertising and subscription businesses.