Zacks Research Upgrades System1 (NYSE:SST) to “Hold”

System1 (NYSE:SST) was upgraded by Zacks Research to a “hold” rating in a note issued to investors on Thursday, Zacks reports.

Other analysts also recently issued reports about the stock. Benchmark reduced their target price on shares of System1 from $8.00 to $6.50 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Wall Street Zen raised shares of System1 to a “sell” rating in a research report on Saturday, September 26th. Finally, Weiss Ratings lowered shares of System1 from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, System1 presently has a consensus rating of “Hold” and an average price target of $6.50.

System1 Stock Down 6.8%

SST opened at $2.46 on Thursday. The stock has a market cap of $25.81 million, a PE ratio of -0.22 and a beta of 1.62. The business has a 50 day moving average of $2.57 and a 200-day moving average of $2.73. System1 has a 52 week low of $1.35 and a 52 week high of $9.30.

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