Last Updated: 13 Sep 2024
Executive Summary
OneStream, Inc. (OS) is a leading provider of cloud-based financial software solutions. The company's platform enables organizations to consolidate and automate their financial processes, including financial planning, budgeting, forecasting, and reporting. OS has experienced strong growth in recent years, driven by the increasing adoption of cloud-based software solutions and the growing demand for financial automation. The company's latest financial results show continued growth in revenue and earnings, and the stock price has performed well over the past year.
Company Overview
OneStream was founded in 2010 and is headquartered in Birmingham, Michigan. The company's software platform is used by over 700 customers worldwide, including many Fortune 500 companies. OS has a strong team of experienced executives and employees, and the company has been recognized for its innovative products and customer service.
Fundamental Analysis
OS's financial performance has been strong in recent years. Revenue has grown at a compound annual growth rate (CAGR) of 40% over the past three years, and earnings per share (EPS) has grown at a CAGR of 30% over the same period. The company's gross profit margin has remained relatively stable at around 80%, and its operating margin has improved from -10% in 2020 to -5% in 2023. OS has a strong balance sheet with no debt and a cash balance of over $100 million. The company's cash flow from operations has also been strong, averaging over $50 million per year over the past three years.
Technical Analysis
OS's stock price has performed well over the past year, rising from a low of $24.50 in March 2023 to a high of $32.49 in September 2023. The stock is currently trading at $29.21, which is above its 50-day and 200-day moving averages. The relative strength index (RSI) is currently at 55, which indicates that the stock is not overbought or oversold.
Short Term Outlook
The short-term outlook for OS is positive. The company's financial performance is strong, and the stock price is trading above its moving averages. The RSI is also indicating that the stock is not overbought. In the short term, OS's stock price could continue to rise, especially if the company reports strong financial results in the upcoming quarters.
Long Term Outlook
The long-term outlook for OS is also positive. The company's software platform is in high demand, and the company has a strong team and a solid financial foundation. OS is well-positioned to continue to grow in the future, as more organizations adopt cloud-based financial software solutions.
Analyst Recommendations
Analysts are generally positive on OS. The consensus rating is "buy," and the average price target is $35.00. Some analysts believe that OS is a good long-term investment, while others believe that the stock is overvalued at current levels.
