Onestream (OS) Projected to Post Earnings on Tuesday

Onestream (NASDAQ:OS) is anticipated to release its earnings data after the market closes on Tuesday, February 11th. Analysts expect Onestream to post earnings of $0.02 per share and revenue of $128.13 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Onestream (NASDAQ:OS) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($1.06) earnings per share for the quarter. The firm had revenue of $129.14 million for the quarter, compared to the consensus estimate of $124.13 million. On average, analysts expect Onestream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Onestream Trading Down 1.9 %

NASDAQ:OS opened at $28.92 on Monday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.39. The firm has a 50 day moving average of $29.23 and a 200-day moving average of $29.91.

Analysts Set New Price Targets

Several analysts have recently commented on OS shares. Morgan Stanley upgraded Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a report on Thursday, January 16th. Scotiabank raised their price objective on shares of Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a research report on Friday, November 8th. The Goldman Sachs Group initiated coverage on shares of Onestream in a research note on Wednesday, December 11th. They set a “buy” rating and a $37.00 price target on the stock. Needham & Company LLC boosted their price objective on shares of Onestream from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Citigroup decreased their price objective on Onestream from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $35.72.

Insider Activity

In other news, CFO William A. Koefoed sold 13,765 shares of the business’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $30.00, for a total transaction of $412,950.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here. Insiders sold a total of 7,709,787 shares of company stock valued at $231,177,930 over the last three months.

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.