OSI Systems, Inc. (NASDAQ:OSIS) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have been given an average rating of “Moderate Buy” by the seven research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $281.71.

OSIS has been the topic of several research analyst reports. B. Riley Financial restated a “buy” rating and set a $265.00 target price (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Oppenheimer decreased their price target on OSI Systems from $320.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Weiss Ratings downgraded OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Bank of America dropped their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Finally, Roth Capital restated a “buy” rating and set a $274.00 price objective on shares of OSI Systems in a report on Friday, August 21st.

Institutional Trading of OSI Systems

Large investors have recently bought and sold shares of the stock. Jupiter Topco LLC acquired a new stake in shares of OSI Systems during the second quarter worth about $198,127,000. William Blair Investment Management LLC purchased a new stake in OSI Systems in the second quarter valued at approximately $82,964,000. Primecap Management Co. CA acquired a new position in OSI Systems in the 2nd quarter worth approximately $56,464,000. Neumeier Poma Investment Counsel LLC acquired a new position in OSI Systems in the 2nd quarter worth approximately $48,664,031. Finally, Bank of America Corp DE purchased a new position in OSI Systems during the 2nd quarter worth approximately $30,036,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

OSI Systems Price Performance

Shares of OSIS opened at $196.78 on Friday. The company has a 50 day moving average of $211.45 and a two-hundred day moving average of $231.50. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20. OSI Systems has a twelve month low of $186.50 and a twelve month high of $311.72. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 1.48 and a beta of 1.21.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, August 20th. The technology company reported $3.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $0.01. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.The business had revenue of $484.06 million for the quarter, compared to the consensus estimate of $529.72 million. During the same period in the prior year, the firm posted $2.84 earnings per share. The business’s quarterly revenue was up .1% on a year-over-year basis. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. As a group, analysts predict that OSI Systems will post 11.35 earnings per share for the current fiscal year.

OSI Systems Company Profile

OSI Systems, Inc is a diversified technology company that designs and manufactures specialized electronic systems, components and subsystems. Headquartered in Hawthorne, California, the company serves customers in the security, healthcare, defense, aerospace and industrial markets.

Through its Security division, OSI Systems provides inspection and screening technologies used at airports, ports, border crossings and other critical infrastructure locations. Its products include baggage and cargo inspection systems, checkpoint screening equipment, explosive and narcotics detection systems, radiation detection products, and systems for inspecting vehicles and people.

The company’s Healthcare division develops patient monitoring and diagnostic systems, including equipment used in cardiology, anesthesia and other clinical applications.