OSI Systems, Inc. (OSIS) – What Are Researchers Saying About This Stock?

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $276.71.

Several research firms recently issued reports on OSIS. Roth Capital reaffirmed a “buy” rating and issued a $274.00 price target on shares of OSI Systems in a report on Friday, August 21st. B. Riley Financial reissued a “buy” rating and set a $265.00 price objective (down from $320.00) on shares of OSI Systems in a report on Friday, August 21st. Oppenheimer cut their target price on shares of OSI Systems from $300.00 to $265.00 and set an “outperform” rating on the stock in a research note on Thursday, October 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of OSI Systems in a research report on Wednesday, October 28th. Finally, Bank of America decreased their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, July 20th.

OSI Systems Stock Down 1.5%

Shares of OSIS traded down $3.03 during trading on Friday, reaching $192.92. The company’s stock had a trading volume of 152,307 shares, compared to its average volume of 211,442. The company has a fifty day moving average of $198.16 and a two-hundred day moving average of $233.43. OSI Systems has a twelve month low of $186.50 and a twelve month high of $311.72. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 20.68, a P/E/G ratio of 1.46 and a beta of 1.26. The company has a quick ratio of 2.05, a current ratio of 2.89 and a debt-to-equity ratio of 1.28.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, October 29th. The technology company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.01. OSI Systems had a net margin of 8.79% and a return on equity of 21.57%. The business had revenue of $403.47 million during the quarter, compared to the consensus estimate of $396.11 million. During the same quarter last year, the company earned $1.42 earnings per share. The business’s quarterly revenue was up .0% compared to the same quarter last year. On average, sell-side analysts predict that OSI Systems will post 11.45 EPS for the current fiscal year.

Insider Buying and Selling

In other OSI Systems news, insider Paul Morben sold 536 shares of the stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $200.00, for a total transaction of $107,200.00. Following the transaction, the insider owned 9,379 shares of the company’s stock, valued at $1,875,800. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 4.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On OSI Systems

Several institutional investors and hedge funds have recently made changes to their positions in OSIS. Group One Trading LLC bought a new position in OSI Systems during the first quarter worth $27,000. Transamerica Financial Advisors LLC acquired a new position in OSI Systems in the second quarter worth $26,000. Public Employees Retirement System of Ohio acquired a new position in OSI Systems in the second quarter worth $35,000. IFP Advisors Inc increased its stake in OSI Systems by 201.9% during the third quarter. IFP Advisors Inc now owns 163 shares of the technology company’s stock valued at $32,000 after purchasing an additional 109 shares during the last quarter. Finally, Keating Financial Advisory Services Inc. bought a new stake in OSI Systems during the second quarter valued at $39,000. 89.21% of the stock is owned by institutional investors and hedge funds.

OSI Systems Company Profile

OSI Systems, Inc. develops and manufactures security, healthcare, and optoelectronic products. Founded in 1987 and headquartered in Hawthorne, California, the company serves customers in the United States and internationally through three business areas: Security, Healthcare, and Optoelectronics and Manufacturing. Its Security division provides screening systems and related services for applications such as airports, borders, ports, and critical infrastructure. Products include systems for inspecting people, baggage, cargo, and vehicles, as well as security detection equipment.