Shares of OSI Systems, Inc. (NASDAQ:OSIS) have received a consensus rating of “Buy” from the nine research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $91.14.

A number of brokerages have issued reports on OSIS. Zacks Investment Research lowered OSI Systems from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub lowered OSI Systems from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Jefferies Group LLC reissued a “buy” rating on shares of OSI Systems in a research note on Thursday, June 1st. Roth Capital reissued a “buy” rating and issued a $97.00 price target on shares of OSI Systems in a research note on Tuesday, August 29th. Finally, Sidoti began coverage on OSI Systems in a research note on Wednesday, May 24th. They issued a “buy” rating and a $99.00 price target on the stock.

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OSI Systems (OSIS) opened at 86.16 on Wednesday. The firm has a market cap of $1.62 billion, a PE ratio of 80.52 and a beta of 0.75. OSI Systems has a 12 month low of $63.85 and a 12 month high of $86.59. The stock’s 50 day moving average is $81.55 and its 200 day moving average is $77.05.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, August 24th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.09. The firm 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 10.57% and a net margin of 2.19%. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. On average, equities analysts forecast that OSI Systems will post $3.46 earnings per share for the current year.

A number of large investors have recently modified their holdings of OSIS. BlackRock Inc. lifted its stake in shares of OSI Systems by 51,732.1% in the 1st quarter. BlackRock Inc. now owns 2,248,475 shares of the technology company’s stock valued at $164,115,000 after purchasing an additional 2,244,137 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of OSI Systems by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 1,631,054 shares of the technology company’s stock valued at $122,574,000 after purchasing an additional 24,385 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of OSI Systems in the 2nd quarter valued at about $108,791,000. Dimensional Fund Advisors LP lifted its stake in shares of OSI Systems by 3.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,069,392 shares of the technology company’s stock valued at $78,055,000 after purchasing an additional 37,133 shares in the last quarter. Finally, Earnest Partners LLC lifted its stake in shares of OSI Systems by 1.6% in the 2nd quarter. Earnest Partners LLC now owns 966,833 shares of the technology company’s stock valued at $72,657,000 after purchasing an additional 15,222 shares in the last quarter. 99.61% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for OSI Systems (NASDAQ:OSIS)

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