OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) has received an average rating of “Buy” from the five research firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a buy rating. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $172.60.
OSIS has been the topic of several recent research reports. Wells Fargo & Company began coverage on OSI Systems in a research report on Wednesday, September 18th. They set an “overweight” rating and a $170.00 target price on the stock. Roth Mkm increased their price objective on OSI Systems from $172.00 to $178.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. B. Riley lifted their target price on OSI Systems from $165.00 to $180.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Finally, Bank of America started coverage on OSI Systems in a research report on Monday, September 30th. They set a “buy” rating and a $175.00 price target on the stock.
View Our Latest Report on OSIS
Insider Buying and Selling
Hedge Funds Weigh In On OSI Systems
Several institutional investors have recently modified their holdings of the company. Arizona State Retirement System grew its holdings in shares of OSI Systems by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 4,532 shares of the technology company’s stock valued at $623,000 after purchasing an additional 97 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of OSI Systems by 1.3% in the second quarter. Louisiana State Employees Retirement System now owns 7,900 shares of the technology company’s stock worth $1,086,000 after buying an additional 100 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of OSI Systems by 4.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,896 shares of the technology company’s stock worth $503,000 after buying an additional 178 shares during the period. Inspire Investing LLC lifted its stake in shares of OSI Systems by 7.9% in the 3rd quarter. Inspire Investing LLC now owns 2,741 shares of the technology company’s stock valued at $416,000 after acquiring an additional 200 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in OSI Systems by 5.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,901 shares of the technology company’s stock valued at $536,000 after acquiring an additional 202 shares during the period. 89.21% of the stock is currently owned by institutional investors.
OSI Systems Trading Down 3.2 %
Shares of OSI Systems stock opened at $137.65 on Friday. The stock has a market capitalization of $2.28 billion, a P/E ratio of 18.70, a P/E/G ratio of 1.33 and a beta of 1.08. OSI Systems has a 52-week low of $103.04 and a 52-week high of $158.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.00 and a current ratio of 1.49. The stock’s 50-day simple moving average is $145.38 and its 200 day simple moving average is $141.49.
OSI Systems (NASDAQ:OSIS – Get Free Report) last posted its quarterly earnings results on Thursday, August 22nd. The technology company reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.79 by $0.05. The company had revenue of $480.91 million for the quarter, compared to analyst estimates of $467.24 million. OSI Systems had a net margin of 8.33% and a return on equity of 17.80%. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.66 earnings per share. As a group, research analysts anticipate that OSI Systems will post 8.98 EPS for the current year.
About OSI Systems
OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.
Read More
- Five stocks we like better than OSI Systems
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Investing In Preferred Stock vs. Common Stock
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- The 3 Best Retail Stocks to Shop for in August
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.