OSI Systems, Inc. (NASDAQ:OSIS) Stock Now Rated "Moderate Buy" by Sell-Side Analysts

Key Points

• OSI Systems has a “Moderate Buy” consensus rating: Five of seven analysts rate the stock a buy, while two recommend holding it. The average 12-month price target is $276.71, though several firms recently lowered their targets.
• Institutional ownership remains high at 89.21%. Several hedge funds and investment firms recently initiated or increased positions in OSI Systems.
• The stock opened at $194.86, near its 52-week low of $186.50 and well below its $311.72 high. In its latest quarter, OSI Systems narrowly beat EPS estimates at $3.78 but reported revenue of $484.06 million, below the $529.72 million consensus estimate.

OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $276.71.

A number of equities analysts have issued reports on the company. Bank of America decreased their price target on OSI Systems from $315.00 to $300.00 and set a "buy" rating for the company in a research note on Monday, July 20th. Weiss Ratings downgraded OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. Oppenheimer cut their price objective on OSI Systems from $300.00 to $265.00 and set an "outperform" rating for the company in a report on Thursday, October 8th. B. Riley Financial reaffirmed 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. Finally, Roth Capital reaffirmed a "buy" rating and set a $274.00 target price on shares of OSI Systems in a research note on Friday, August 21st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in OSIS. Transamerica Financial Advisors LLC bought a new position in OSI Systems during the 2nd quarter worth $26,000. Group One Trading LLC acquired a new stake in shares of OSI Systems during the first quarter worth $27,000. IFP Advisors Inc boosted its position in shares of OSI Systems by 201.9% in the third quarter. IFP Advisors Inc now owns 163 shares of the technology company's stock valued at $32,000 after acquiring an additional 109 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of OSI Systems in the second quarter valued at about $35,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in shares of OSI Systems in the second quarter valued at about $39,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Price Performance

Shares of NASDAQ:OSIS opened at $194.86 on Wednesday. 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 fifty-two week low of $186.50 and a fifty-two week high of $311.72. The firm has a 50-day simple moving average of $203.69 and a 200 day simple moving average of $224.43. The company has a market cap of $3.11 billion, a PE ratio of 21.65, a P/E/G ratio of 1.46 and a beta of 1.21.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released 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. 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 during the quarter, compared to analyst estimates of $529.72 million. During the same quarter in the previous year, the firm posted $2.84 EPS. The business's revenue for the quarter was up .1% compared to the same quarter last year. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. On average, sell-side analysts anticipate that OSI Systems will post 11.35 EPS for the current year.

OSI Systems Company Profile

OSI Systems, Inc is a vertically integrated technology company that designs and manufactures specialized electronic systems and components for security, healthcare and aerospace and defense applications. Headquartered in Hawthorne, California, the company serves government agencies, transportation authorities, hospitals and commercial customers in the United States and international markets.

Through its security division, OSI Systems provides inspection and screening systems used at airports, borders, ports and other facilities.

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