System1 Inc (NYSE:SST) has a beta value of 1.35 and has seen 81323.0 shares traded in the last trading session. The SST stock price is -301.47% off its 52-week high price of $2.73 and 17.65% above the 52-week low of $0.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.14 million shares traded. The 3-month trading volume is 494.23K shares.
The consensus among analysts is that System1 Inc (SST) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.23.
System1 Inc (NYSE:SST) trade information
Sporting -1.19% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SST stock price touched $0.68 or saw a rise of 1.96%. Year-to-date, System1 Inc shares have moved -24.86%, while the 5-day performance has seen it change 8.78%. Over the past 30 days, the shares of System1 Inc (NYSE:SST) have changed 1.28%. Short interest in the company has seen 2.19 million shares shorted with days to cover at 1.83.
Wall Street analysts have a consensus price target for the stock at $14.5, which means that the shares’ value could jump 95.31% from current levels. The projected low price target is $14.0 while the price target rests at a high of $15.0. In that case, then, we find that the current price level is -2105.88% off the targeted high while a plunge would see the stock gain -1958.82% from current levels.
System1 Inc (SST) estimates and forecasts
The company’s shares have lost -37.50% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -10.54%.
1 analysts offering their estimates for the company have set an average revenue estimate of 91.28M for the current quarter. 1 have an estimated revenue figure of 88.19M for the next ending quarter. Year-ago sales stood 96.12M and 84.92M respectively for this quarter and the next, and analysts expect sales will shrink by -5.04% for the current quarter and -10.54% for the next.
SST Dividends
System1 Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
System1 Inc (NYSE:SST)’s Major holders
Insiders own 45.45% of the company shares, while shares held by institutions stand at 49.86% with a share float percentage of 91.41%. Investors are also buoyed by the number of investors in a company, with System1 Inc having a total of 82.0 institutions that hold shares in the company. The top two institutional holders are CANNAE HOLDINGS, INC. with over 27.01 million shares worth more than $41.06 million. As of 2024-06-30, CANNAE HOLDINGS, INC. held 39.853% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 1.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.64 million and represent 2.5577% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Vanguard Extended Market Index Fund. As of Nov 30, 2024 , the former fund manager holds about 1.18% shares in the company for having 832.73 shares of worth $0.56 million while later fund manager owns 292.04 shares of worth $0.2 million as of Sep 30, 2024 , which makes it owner of about 0.41% of company’s outstanding stock.
