OneStream Inc (OS) Beta Value: Understanding the Market Risk

There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”

The public float for OS is 24.34M, and at present, short sellers hold a 8.86% of that float. The average trading volume of OS on November 18, 2024 was 679.32K shares.

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OS) stock’s latest price update

OneStream Inc (NASDAQ: OS)’s stock price has decreased by -10.14 compared to its previous closing price of 33.53. However, the company has seen a -6.83% decrease in its stock price over the last five trading sessions. youtube.com reported 2024-11-15 that Tom Shea, CEO of OneStream (OS), talks about how the company has used A.I. for “almost a decade” and its evolution over the years.

OS’s Market Performance

OS’s stock has fallen by -6.83% in the past week, with a monthly rise of 3.08% and a quarterly rise of 2.83%. The volatility ratio for the week is 9.19% while the volatility levels for the last 30 days are 5.63% for OneStream Inc The simple moving average for the past 20 days is -4.42% for OS’s stock, with a 0.02% simple moving average for the past 200 days.

Analysts’ Opinion of OS

Many brokerage firms have already submitted their reports for OS stocks, with BMO Capital Markets repeating the rating for OS by listing it as a “Outperform.” The predicted price for OS in the upcoming period, according to BMO Capital Markets is $38 based on the research report published on September 23, 2024 of the current year 2024.

Wolfe Research, on the other hand, stated in their research note that they expect to see OS reach a price target of $32. The rating they have provided for OS stocks is “Outperform” according to the report published on August 19th, 2024.

Truist gave a rating of “Buy” to OS, setting the target price at $35 in the report published on August 19th of the current year.

OS Trading at -3.28% from the 50-Day Moving Average

After a stumble in the market that brought OS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.86% of loss for the given period.

Volatility was left at 5.63%, however, over the last 30 days, the volatility rate increased by 9.19%, as shares surge +4.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.68% upper at present.

During the last 5 trading sessions, OS fell by -6.83%, in comparison to the 20-day moving average, which settled at $31.52. In addition, OneStream Inc saw 12.22% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at OS starting from Fugere Peter, who sale 175,831 shares at the price of $18.85 back on Jul 25 ’24. After this action, Fugere Peter now owns 0 shares of OneStream Inc, valued at $3,314,414 using the latest closing price.

Fugere Peter, the 10% Owner of OneStream Inc, sale 77,283 shares at $18.85 during a trade that took place back on Jul 25 ’24, which means that Fugere Peter is holding 0 shares at $1,456,785 based on the most recent closing price.

Stock Fundamentals for OS

Current profitability levels for the company are sitting at:

  • -0.59 for the present operating margin
  • 0.64 for the gross margin

The net margin for OneStream Inc stands at -0.4. The total capital return value is set at -0.57. Equity return is now at value -24.76, with -8.49 for asset returns.

Currently, EBITDA for the company is -27.62 million with net debt to EBITDA at 1.77. When we switch over and look at the enterprise to sales, we see a ratio of 14.34. The receivables turnover for the company is 3.32for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.

Conclusion

In summary, OneStream Inc (OS) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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