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

Key Points

• Seven analysts give OSI Systems a consensus Buy rating (5 buy, 1 hold, 1 strong buy) with an average 12‑month price target of $282, and several firms have recently raised targets (B. Riley to $320, Roth MKM to $295).
• OSI beat quarterly estimates with EPS of $2.58 (vs. $2.52 est.) and revenue of $464.06M (vs. $449.51M est.), a 10.5% YoY revenue increase, and sell‑side analysts project fiscal-year EPS of $9.22.
• Director Deepak Chopra sold 20,000 shares at $250.91 (~$5.02M), trimming his stake by 6.82%; insiders own 4.30% of the stock while institutional investors hold 89.21%.

Shares of OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) have been given a consensus recommendation of "Buy" by the seven analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $282.00.

OSIS has been the topic of several research reports. Roth Mkm boosted their price objective on shares of OSI Systems from $292.00 to $295.00 and gave the company a "buy" rating in a research report on Friday, January 30th. JPMorgan Chase & Co. increased their target price on OSI Systems from $255.00 to $262.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Weiss Ratings raised OSI Systems from a "buy (b)" rating to a "buy (a-)" rating in a research note on Wednesday, March 11th. Finally, B. Riley Financial boosted their price target on OSI Systems from $300.00 to $320.00 and gave the company a "buy" rating in a report on Friday, January 30th.

Insider Buying and Selling

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $250.91, for a total value of $5,018,200.00. Following the sale, the director owned 273,044 shares in the company, valued at approximately $68,509,470.04. The trade was a 6.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 4.30% of the company's stock.

Institutional Trading of OSI Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Danske Bank A S acquired a new position in OSI Systems during the third quarter worth $25,000. Private Trust Co. NA increased its stake in OSI Systems by 179.5% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the technology company's stock valued at $31,000 after buying an additional 79 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in OSI Systems in the 3rd quarter valued at $32,000. Mcguire Capital Advisors Inc. bought a new stake in OSI Systems during the 4th quarter worth about $32,000. Finally, Richardson Financial Services Inc. lifted its position in OSI Systems by 58.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company's stock worth $36,000 after buying an additional 53 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Stock Performance

NASDAQ:OSIS opened at $268.11 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.15 and a quick ratio of 2.31. The business's 50-day simple moving average is $274.70 and its 200-day simple moving average is $266.31. OSI Systems has a fifty-two week low of $164.07 and a fifty-two week high of $306.12. The stock has a market capitalization of $4.42 billion, a PE ratio of 30.36, a price-to-earnings-growth ratio of 2.19 and a beta of 1.34.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The technology company reported $2.58 earnings per share for the quarter, beating analysts' consensus estimates of $2.52 by $0.06. The firm had revenue of $464.06 million for the quarter, compared to analyst estimates of $449.51 million. OSI Systems had a net margin of 8.52% and a return on equity of 18.58%. The business's revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.42 earnings per share. Sell-side analysts expect that OSI Systems will post 9.22 earnings per share 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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