Onestream (OS) Expected to Announce Earnings on Tuesday

Onestream (NASDAQ:OS) is expected to be announcing its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $128.13 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Onestream (NASDAQ:OS) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($1.06) earnings per share (EPS) 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 Stock Down 1.9 %

Shares of OS opened at $28.92 on Monday. Onestream has a twelve month low of $24.50 and a twelve month high of $35.39. The stock’s fifty day simple moving average is $29.23 and its 200 day simple moving average is $29.91.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wedbush initiated coverage on Onestream in a report on Thursday, December 19th. They issued an “outperform” rating and a $40.00 price target for the company. Morgan Stanley upgraded shares of Onestream from an “equal weight” rating to an “overweight” rating and set a $37.00 target price for the company in a research note on Thursday, January 16th. Robert W. Baird lifted their price target on shares of Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Piper Sandler upped their price objective on shares of Onestream from $34.00 to $37.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Finally, Citigroup cut their price target on Onestream from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $35.72.

Insider Transactions at Onestream

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

About Onestream

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.