BidaskClub cut shares of OSI Systems (NASDAQ:OSIS) from a sell rating to a strong sell rating in a research report report published on Saturday morning.

Several other equities analysts also recently commented on the stock. Zacks Investment Research upgraded shares of OSI Systems from a hold rating to a buy rating and set a $97.00 price target on the stock in a report on Friday, September 22nd. B. Riley reiterated a buy rating and set a $108.00 price target on shares of OSI Systems in a report on Tuesday, October 24th. Finally, Jefferies Group reiterated a buy rating and set a $79.00 price target on shares of OSI Systems in a report on Monday, January 8th. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. OSI Systems has a consensus rating of Hold and an average target price of $91.40.

OSI Systems (OSIS) traded up $0.37 during trading on Friday, hitting $68.53. 183,521 shares of the stock were exchanged, compared to its average volume of 308,294. The company has a market cap of $1,299.88, a P/E ratio of 20.52, a PEG ratio of 1.46 and a beta of 0.73. OSI Systems has a 12-month low of $53.80 and a 12-month high of $96.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.52.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, October 26th. The technology company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.71 by $0.08. The company had revenue of $257.13 million for the quarter, compared to the consensus estimate of $248.52 million. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. The firm’s revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 EPS. sell-side analysts forecast that OSI Systems will post 3.47 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. boosted its position in OSI Systems by 2.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 105,129 shares of the technology company’s stock valued at $7,901,000 after buying an additional 2,239 shares during the period. Northern Trust Corp boosted its position in OSI Systems by 8.0% in the 2nd quarter. Northern Trust Corp now owns 251,527 shares of the technology company’s stock valued at $18,902,000 after buying an additional 18,525 shares during the period. First Trust Advisors LP boosted its position in OSI Systems by 126.5% in the 3rd quarter. First Trust Advisors LP now owns 9,431 shares of the technology company’s stock valued at $862,000 after buying an additional 5,268 shares during the period. Janus Henderson Group PLC purchased a new stake in OSI Systems in the 2nd quarter valued at about $108,791,000. Finally, AHL Partners LLP boosted its position in OSI Systems by 23.8% in the 2nd quarter. AHL Partners LLP now owns 5,793 shares of the technology company’s stock valued at $435,000 after buying an additional 1,112 shares during the period.

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About OSI Systems

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.

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