OSI Systems, Inc. (NASDAQ:OSIS) Stock Has Average Target Price of $281.71 According to Brokerages

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.
• OSI Systems’ latest quarterly results slightly exceeded earnings expectations, reporting $3.78 EPS versus $3.77 expected. However, revenue of $484.06 million fell short of the $529.72 million consensus estimate.
• The stock opened at $197.24, well below its 52-week high of $311.72, while institutional investors and hedge funds collectively own 89.21% of the company.

OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) has been given an average rating of "Moderate Buy" by the seven ratings firms that are presently 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 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $281.71.

Several equities research analysts recently weighed in on the stock. Oppenheimer reduced their price objective on shares of OSI Systems from $320.00 to $300.00 and set an "outperform" rating for the company in a report on Friday, August 21st. Bank of America decreased their target price on OSI Systems from $315.00 to $300.00 and set a "buy" rating on the stock in a report on Monday, July 20th. Roth Capital reissued a "buy" rating and issued a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. B. Riley Financial reiterated a "buy" rating and set a $265.00 price target (down from $320.00) on shares of OSI Systems in a report on Friday, August 21st. Finally, Weiss Ratings downgraded shares of OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, July 30th.

OSI Systems Stock Performance

OSIS stock opened at $197.24 on Friday. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 1.51 and a beta of 1.20. The stock's fifty day moving average is $213.22 and its two-hundred day moving average is $234.39. OSI Systems has a 1 year low of $186.50 and a 1 year high of $311.72. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.34 and a current ratio of 3.15.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its earnings results on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, topping the consensus estimate of $3.77 by $0.01. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The firm had revenue of $484.06 million during the quarter, compared to analysts' expectations of $529.72 million. During the same quarter in the prior year, the firm earned $2.84 EPS. OSI Systems'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. On average, research analysts predict that OSI Systems will post 11.35 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Transamerica Financial Advisors LLC bought a new stake in OSI Systems in the second quarter worth $26,000. Group One Trading LLC bought a new position in OSI Systems during the first quarter valued at about $27,000. Public Employees Retirement System of Ohio acquired a new stake in shares of OSI Systems in the second quarter worth about $35,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of OSI Systems in the second quarter worth about $39,000. Finally, Freestone Grove Partners LP bought a new stake in shares of OSI Systems during the 2nd quarter worth about $66,000. Institutional investors and hedge funds own 89.21% of the company's stock.

About OSI Systems

OSI Systems, Inc NASDAQ: OSIS is a vertically integrated technology company that designs and manufactures specialized electronic systems for security, healthcare, and optoelectronic applications. The company serves government agencies, transportation authorities, hospitals, medical providers, defense contractors, and commercial customers worldwide.

Through its Rapiscan Systems business, OSI Systems provides security inspection and screening products, including baggage and parcel inspection systems, cargo and vehicle screening equipment, people-screening technologies, radiation detection systems, and related security services.

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