OSI Systems, Inc. (NASDAQ:OSIS) updated its FY17 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.35-3.60 for the period, compared to the Thomson Reuters consensus estimate of $2.90. The company issued revenue guidance of $1.04-1.08 billion, compared to the consensus revenue estimate of $962.02 million.

A number of equities research analysts have recently weighed in on the company. B. Riley reiterated a buy rating and issued a $87.00 price target on shares of OSI Systems in a report on Saturday, April 29th. BidaskClub upgraded OSI Systems from a hold rating to a buy rating in a report on Thursday, August 10th. Jefferies Group LLC reiterated a buy rating and issued a $85.00 price target on shares of OSI Systems in a report on Wednesday, August 9th. TheStreet upgraded OSI Systems from a c+ rating to a b- rating in a report on Thursday, August 10th. Finally, Zacks Investment Research downgraded OSI Systems from a buy rating to a hold rating in a report on Thursday, May 25th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of $89.67.

OSI Systems, Inc. (OSIS) opened at 83.83 on Friday. OSI Systems, Inc. has a 52-week low of $62.22 and a 52-week high of $86.14. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 64.53 and a beta of 0.79. The company’s 50-day moving average price is $79.23 and its 200-day moving average price is $76.22.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, August 24th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.09. The business had revenue of $252.40 million during the quarter, compared to analysts’ expectations of $253.58 million. OSI Systems had a return on equity of 10.68% and a net margin of 2.19%. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 earnings per share. Analysts predict that OSI Systems, Inc. will post $3.39 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This article was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2017/08/26/osi-systems-inc-osis-releases-fy17-earnings-guidance.html.

OSI Systems Company Profile

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

Earnings History and Estimates for OSI Systems (NASDAQ:OSIS)

Receive News & Stock Ratings for OSI Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems Inc. and related stocks with our FREE daily email newsletter.