OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $242.22 and last traded at $238.23, with a volume of 43952 shares changing hands. The stock had previously closed at $238.10.
Wall Street Analyst Weigh In
OSIS has been the topic of a number of recent analyst reports. B. Riley upped their target price on OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Oppenheimer reiterated an "outperform" rating and set a $270.00 price target on shares of OSI Systems in a research report on Friday, August 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $230.83.
View Our Latest Analysis on OSI Systems
OSI Systems Stock Performance
The company has a market capitalization of $3.96 billion, a PE ratio of 27.06, a PEG ratio of 1.95 and a beta of 1.30. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The firm's 50-day simple moving average is $227.03 and its 200-day simple moving average is $215.68.
OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, beating analysts' consensus estimates of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The business had revenue of $504.99 million during the quarter, compared to analysts' expectations of $497.22 million. During the same period in the prior year, the business earned $2.84 earnings per share. The company's quarterly revenue was up 4.9% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Paul Keith Morben sold 1,671 shares of the company's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $236.76, for a total value of $395,625.96. Following the transaction, the insider owned 8,749 shares in the company, valued at $2,071,413.24. This represents a 16.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.20% of the company's stock.
Hedge Funds Weigh In On OSI Systems
Large investors have recently bought and sold shares of the company. Osaic Holdings Inc. boosted its stake in shares of OSI Systems by 418.1% during the second quarter. Osaic Holdings Inc. now owns 32,688 shares of the technology company's stock valued at $7,350,000 after purchasing an additional 26,379 shares in the last quarter. Cim Investment Management Inc. purchased a new position in OSI Systems during the second quarter valued at $214,000. Public Sector Pension Investment Board lifted its position in OSI Systems by 7.4% during the second quarter. Public Sector Pension Investment Board now owns 53,236 shares of the technology company's stock valued at $11,971,000 after purchasing an additional 3,657 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in OSI Systems by 987.7% during the second quarter. Tower Research Capital LLC TRC now owns 2,121 shares of the technology company's stock worth $477,000 after acquiring an additional 1,926 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of OSI Systems by 7.1% in the second quarter. MML Investors Services LLC now owns 13,736 shares of the technology company's stock valued at $3,089,000 after purchasing an additional 916 shares during the period. Institutional investors and hedge funds own 89.21% of the company's stock.
OSI Systems Company Profile
(
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OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.
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