In the last trading session, 1.63 million shares of the System1 Inc (NYSE:SST) were traded, and its beta was 1.35. Most recently the company’s share price was $1.32, and it changed around $0.12 or 10.00% from the last close, which brings the market valuation of the company to $91.79M. SST currently trades at a discount to its 52-week high of $3.02, offering almost -128.79% off that amount. The share price’s 52-week low was $1.04, which indicates that the current value has risen by an impressive 21.21% since then. We note from System1 Inc’s average daily trading volume that its 10-day average is 0.56 million shares, with the 3-month average coming to 237.30K.

System1 Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SST as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. System1 Inc is expected to report earnings per share of -0.29 for the current quarter.

System1 Inc (NYSE:SST) trade information

Instantly SST has showed a green trend with a performance of 10.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.5300 on recent trading dayincreased the stock’s daily price by 13.73%. The company’s shares are currently down -40.54% year-to-date, but still up 1.54% over the last five days. On the other hand, System1 Inc (NYSE:SST) is -4.35% down in the 30-day period. We can see from the shorts that 1.25 million shares have been sold at a short interest cover period of 10.41 day(s).

The consensus price target as assigned by Wall Street analysts is $14.5, which translates to bulls needing to increase their stock price by 90.9% from its current value. Analyst projections state that SST is forecast to be at a low of $14 and a high of $15.

System1 Inc (SST) estimates and forecasts

Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -38.10% in revenue this quarter, and will report a decrease of -9.50% in the next quarter. The year-over-year growth rate is expected to be -10.20%, down from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 86.63M in revenue for the current quarter. 1 analysts expect System1 Inc to make 94.7M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 142.37M and 96.12M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -39.20%. Forecasts for the next quarter put sales growth at -1.50%.

SST Dividends

System1 Inc’s next quarterly earnings report is expected to be released on 2024-Aug-08.

System1 Inc (NYSE:SST)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 46.80% of System1 Inc shares, and 50.25% of them are in the hands of institutional investors. The stock currently has a share float of 94.46%. System1 Inc stock is held by 89.0 institutions, with CANNAE HOLDINGS, INC. being the largest institutional investor. By 2024-06-30, it held 39.853% of the shares, which is about 27.01 million shares worth $41.06 million.

BLACKROCK INC., with 2.5577% or 1.73 million shares worth $2.64 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jun 30, 2024 . The former held 727.81 shares worth $0.96 million, making up 1.05% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 726.6 shares worth around $0.96 million, which represents about 1.04% of the total shares outstanding.