Onestream, Inc. (NASDAQ:OS) Given Consensus Rating of “Moderate Buy” by Analysts

Onestream, Inc. (NASDAQ:OS) has earned an average rating of “Moderate Buy” from the twenty analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $34.37.

A number of analysts recently issued reports on OS shares. BMO Capital Markets reduced their price objective on Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research report on Wednesday, February 12th. Stephens began coverage on Onestream in a report on Wednesday, March 19th. They set an “overweight” rating and a $27.00 price target for the company. Guggenheim reaffirmed a “buy” rating and set a $35.00 price objective on shares of Onestream in a research report on Wednesday, February 12th. The Goldman Sachs Group reduced their target price on shares of Onestream from $36.00 to $31.00 and set a “buy” rating for the company in a research note on Friday. Finally, Morgan Stanley dropped their price target on shares of Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Friday, February 14th.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Investors Weigh In On Onestream

Several institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Onestream during the 4th quarter worth approximately $119,214,000. T. Rowe Price Investment Management Inc. lifted its position in shares of Onestream by 3.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,784,963 shares of the company’s stock worth $107,948,000 after purchasing an additional 115,176 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Onestream by 51.2% during the fourth quarter. Vanguard Group Inc. now owns 3,746,578 shares of the company’s stock worth $106,852,000 after purchasing an additional 1,268,733 shares during the last quarter. Champlain Investment Partners LLC bought a new position in Onestream in the fourth quarter valued at $98,076,000. Finally, Alliancebernstein L.P. increased its stake in Onestream by 122.6% in the 4th quarter. Alliancebernstein L.P. now owns 2,465,679 shares of the company’s stock valued at $70,321,000 after buying an additional 1,357,860 shares during the last quarter.

Onestream Stock Down 2.8 %

NASDAQ:OS opened at $21.34 on Tuesday. Onestream has a fifty-two week low of $20.00 and a fifty-two week high of $35.39. The stock’s 50-day moving average is $25.22 and its two-hundred day moving average is $28.58.

Onestream (NASDAQ:OS) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. As a group, research analysts expect that Onestream will post 0.05 EPS for the current year.

Onestream Company Profile

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.