OneStream Inc (NASDAQ:OS) price on Friday, February 28, rose 1.79% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $23.30.
A look at the stock’s price movement, the close in the last trading session was $22.89. Turning to its 52-week performance, $35.39 and $21.75 were the 52-week high and 52-week low respectively. Overall, OS moved -21.26% over the past month.
OneStream Inc’s market cap currently stands at around $3.03 billion, with investors looking forward to this quarter’s earnings report slated for in April.
Analysts have a consensus estimate of 131.16M for the company’s revenue for the quarter, with a low and high estimate of 130M and 132M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 585.08M, representing a 19.55% jump on that reported in the last financial year.
OS’s current price about -11.79% and -16.37% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 34.79, while 7-day volatility ratio is 4.14% and 4.72% in the 30-day chart. Further, OneStream Inc (OS) has a beta value of 0, and an average true range (ATR) of 1.39. Analysts have given the company’s stock an average 52-week price target of $36, forecast between a low of $34 and high of $38. Looking at the price targets, the low is -45.92% off current price level while to achieve the yearly target high, price needs to move -63.09%. Nonetheless, investors will most likely welcome a -54.51% jump to $36 which is the analysts’ median price.
If we refocus on OneStream Inc (NASDAQ:OS), historical trading data shows that trading volumes averaged 1.41 million over the past 3 months. The company’s latest data on shares outstanding shows there are 51.46 million shares.
The 81.46% of OneStream Inc’s shares are in the hands of company insiders while institutional holders own 42.09% of the company’s shares. Current price change has pushed the stock -18.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OS stock continues to rise going into the next quarter.
