With 234.52M Outstanding Shares, Can OneStream Inc (NASDAQ: OS) Deliver Big Short-Term Gains?

OneStream Inc (NASDAQ:OS) currently has a daily average trading volume of 866.08K but it saw 1184751 shares traded in last market. With a market cap of 7.28B USD, the company’s current market price of $31.05 came rising about 1.80 while comparing to the previous closing price of $30.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.39 and as low as $24.50. In the recent trading on the day, stock has struck highest price mark of $30.395 while lowest mark touched by it was $31.4.

Taking a look at 20-day trading activity of OneStream Inc (OS) gives us an average price of $31.55, while its current price level is -12.26% below from 52-week high level whereas it is 26.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $31.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.16% during that period while stretching the period over a month that increases to 5.54%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.91 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BMO Capital Markets which initiated the stock as “Outperform” in its note to investors issued on September 23, 2024, recommending a price target of $38 for it. Truist also issued its recommendations for the stock as it initiated the price target for the stock is $35.

Over the week, OS’s stock price is moving -7.40% down while it is 0.88% when we observe its performance for the past one month. Year-to-date it is 15.64% up and over the past year.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0.02 while estimate for next year EPS is 0.05. In next quarter, company is expected to be making quarterly sales of $133.55M as analysts are expecting the sales for current fiscal year at $485.06M and seeing the company making $584.42M in sales next year. Moreover, analysts are in estimates of $128.14M for current-quarter revenue.

Currently, OneStream Inc’s total number of outstanding shares is 234.52M. Company’s return on investment (ROI) stands at -52.51% and return on equity (ROE) at -24.76%. Stock has a price to book (P/B) ratio of 22.06 while price to sale or P/S ratio amounts to 15.85. Its return on asset (ROA) is -8.49% on average.