OSI Systems (NASDAQ:OSIS) Shares Gap Down – What’s Next?

OSI Systems, Inc. (NASDAQ:OSIS)’s share price gapped down before the market opened on Monday . The stock had previously closed at $273.55, but opened at $257.56. OSI Systems shares last traded at $260.7640, with a volume of 96,924 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price target on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Roth Capital reaffirmed a “buy” rating and set a $280.00 price objective on shares of OSI Systems in a research note on Wednesday, October 29th. Oppenheimer raised their target price on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday, October 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Finally, B. Riley boosted their price target on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, OSI Systems currently has an average rating of “Moderate Buy” and a consensus target price of $263.57.

OSI Systems Stock Performance

The stock has a market capitalization of $4.27 billion, a PE ratio of 28.88, a P/E/G ratio of 2.13 and a beta of 1.33. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The firm has a 50 day moving average of $252.80 and a 200-day moving average of $234.72.

OSI Systems (NASDAQ:OSIS) last released its earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.05. The company had revenue of $384.62 million for the quarter, compared to analysts’ expectations of $372.03 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The business’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. Research analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Activity at OSI Systems

In other OSI Systems news, Director James B. Hawkins sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $283.15, for a total value of $424,725.00. Following the transaction, the director owned 5,036 shares in the company, valued at approximately $1,425,943.40. This represents a 22.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the completion of the sale, the chairman owned 292,969 shares of the company’s stock, valued at approximately $83,712,962.06. The trade was a 6.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 43,587 shares of company stock valued at $11,567,257. Corporate insiders own 4.30% of the company’s stock.

Institutional Trading of OSI Systems

A number of institutional investors have recently bought and sold shares of OSIS. National Bank of Canada FI grew its stake in OSI Systems by 118.2% in the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after purchasing an additional 78 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of OSI Systems by 78.7% during the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after purchasing an additional 59 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of OSI Systems during the 3rd quarter valued at about $32,000. Richardson Financial Services Inc. grew its stake in shares of OSI Systems by 58.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock valued at $36,000 after buying an additional 53 shares in the last quarter. Finally, Virtus Advisers LLC bought a new stake in shares of OSI Systems in the 1st quarter valued at approximately $43,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Company Profile

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.