OSI Systems, Inc. (NASDAQ:OSIS) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on OSI Systems, with five buy ratings and two holds. The average 12-month price target is $281.71, although several firms recently lowered their targets.
• Institutional ownership is substantial at 89.21%, with several major investors initiating or expanding positions during the second quarter.
• OSI Systems slightly exceeded quarterly EPS expectations at $3.78 versus $3.77, but revenue of $484.06 million fell short of the $529.72 million estimate. Shares opened at $207.91, well below their 12-month high of $311.72.

Shares of OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $281.7143.

OSIS has been the subject of a number of research 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 report on Friday, August 21st. Bank of America decreased their price target on shares of OSI Systems from $315.00 to $300.00 and set a "buy" rating on the stock in a research note on Monday, July 20th. Roth Capital reissued a "buy" rating and set a $274.00 price objective on shares of OSI Systems in a report on Friday, August 21st. Weiss Ratings downgraded shares of OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Finally, Citigroup cut their price objective on OSI Systems from $345.00 to $279.00 and set a "buy" rating for the company in a research report on Monday, May 18th.

Hedge Funds Weigh In On OSI Systems

Several institutional investors have recently added to or reduced their stakes in OSIS. California State Teachers Retirement System raised its holdings in shares of OSI Systems by 21,153.8% during the 2nd quarter. California State Teachers Retirement System now owns 3,968,093 shares of the technology company's stock worth $867,822,000 after acquiring an additional 3,949,423 shares in the last quarter. Jupiter Topco LLC purchased a new position in shares of OSI Systems in the second quarter valued at $198,127,000. William Blair Investment Management LLC bought a new stake in OSI Systems in the second quarter worth $82,964,000. Primecap Management Co. CA bought a new stake in OSI Systems in the second quarter worth $56,464,000. Finally, Neumeier Poma Investment Counsel LLC bought a new stake in OSI Systems in the second quarter worth $48,664,031. Hedge funds and other institutional investors own 89.21% of the company's stock.

OSI Systems Stock Up 0.6%

NASDAQ OSIS opened at $207.91 on Tuesday. OSI Systems has a 12 month low of $186.50 and a 12 month high of $311.72. The company has a current ratio of 3.15, a quick ratio of 2.34 and a debt-to-equity ratio of 1.20. The stock has a market cap of $3.31 billion, a PE ratio of 23.10, a P/E/G ratio of 1.56 and a beta of 1.21. The stock's 50 day moving average is $218.74 and its 200 day moving average is $244.56.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.77 by $0.01. The business had revenue of $484.06 million during the quarter, compared to analyst estimates of $529.72 million. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The company's revenue was up .1% on a year-over-year basis. During the same period last year, the firm posted $2.84 EPS. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. Research analysts predict that OSI Systems will post 11.32 EPS for the current fiscal year.

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.

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