OSI Systems (NASDAQ:OSIS) Hits New 1-Year Low – Here’s What Happened

OSI Systems, Inc. (NASDAQ:OSIS)’s share price reached a new 52-week low on Thursday . The company traded as low as $203.45 and last traded at $208.1150, with a volume of 121627 shares. The stock had previously closed at $211.37.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on OSIS shares. Citigroup dropped their target price on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Weiss Ratings lowered shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price objective on shares of OSI Systems from $255.00 to $262.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. B. Riley Financial raised their price objective on shares of OSI Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Finally, Roth Mkm restated a “buy” rating and issued a $310.00 price objective on shares of OSI Systems in a report on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $294.00.

OSI Systems Stock Up 6.9%

The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. The company’s fifty day simple moving average is $266.50 and its 200 day simple moving average is $270.27. The firm has a market capitalization of $3.66 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 EPS for the quarter, topping the consensus estimate of $2.53 by $0.07. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The business had revenue of $453.25 million during the quarter, compared to analyst estimates of $449.23 million. During the same period last year, the business posted $2.44 earnings per share. OSI Systems’s quarterly revenue was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Analysts anticipate that OSI Systems, Inc. will post 10.4 earnings per share for the current fiscal year.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the completion of the transaction, the director owned 253,044 shares of the company’s stock, valued at approximately $71,317,920.96. This trade represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On OSI Systems

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC bought a new position in shares of OSI Systems during the first quarter valued at approximately $12,720,000. Argent Capital Management LLC bought a new position in shares of OSI Systems during the first quarter valued at approximately $5,278,000. BankChampaign National Association bought a new position in shares of OSI Systems during the first quarter valued at approximately $245,000. Janus Henderson Group PLC increased its stake in shares of OSI Systems by 2.6% during the first quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company’s stock valued at $205,056,000 after purchasing an additional 19,747 shares in the last quarter. Finally, Amundi increased its stake in shares of OSI Systems by 19.6% during the first quarter. Amundi now owns 3,241 shares of the technology company’s stock valued at $861,000 after purchasing an additional 532 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

About OSI Systems

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.