OSI Systems (NASDAQ:OSIS) Reaches New 52-Week High – Time to Buy?

OSI Systems, Inc. (NASDAQ:OSIS)’s stock price reached a new 52-week high on Thursday . The company traded as high as $292.35 and last traded at $291.3450, with a volume of 55683 shares traded. The stock had previously closed at $286.65.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. 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 research report on Friday, October 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. UBS Group set a $292.00 target price on OSI Systems in a research report on Monday, December 1st. Finally, Bank of America lifted their price target on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $268.63.

OSI Systems Price Performance

The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 0.46. The firm has a 50 day moving average of $267.85 and a two-hundred day moving average of $246.50. The company has a market cap of $4.88 billion, a PE ratio of 32.55, a P/E/G ratio of 2.28 and a beta of 1.35.

OSI Systems (NASDAQ:OSIS) last released its earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. The firm 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 18.25% and a net margin of 8.68%.The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. Research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $285.74, for a total value of $5,714,800.00. Following the transaction, the chairman directly owned 292,969 shares of the company’s stock, valued at approximately $83,712,962.06. This represents a 6.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Paul Keith Morben sold 416 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $279.10, for a total value of $116,105.60. Following the transaction, the insider directly owned 8,540 shares in the company, valued at approximately $2,383,514. The trade was a 4.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,916 shares of company stock worth $6,255,631 in the last three months. Insiders own 4.30% of the company’s stock.

Institutional Trading of OSI Systems

A number of large investors have recently made changes to their positions in OSIS. Mawer Investment Management Ltd. lifted its position in OSI Systems by 67.0% during the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock valued at $213,445,000 after purchasing an additional 343,727 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in OSI Systems during the 3rd quarter valued at $40,222,000. UBS Group AG lifted its holdings in shares of OSI Systems by 63.8% during the 3rd quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock valued at $78,843,000 after buying an additional 123,212 shares during the period. Invesco Ltd. boosted its stake in shares of OSI Systems by 29.6% in the 2nd quarter. Invesco Ltd. now owns 319,258 shares of the technology company’s stock worth $71,788,000 after buying an additional 73,004 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of OSI Systems in the second quarter worth $13,576,000. 89.21% of the stock is currently owned by institutional investors.

OSI Systems Company Profile

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.