OSI Systems (NASDAQ:OSIS) Releases Earnings Results, Beats Estimates By $0.06 EPS

OSI Systems (NASDAQ:OSIS - Get Free Report) issued its quarterly earnings results on Thursday, May 1st. The technology company reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.06, Zacks reports. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. The business had revenue of $444.35 million for the quarter, compared to the consensus estimate of $436.49 million. During the same quarter in the prior year, the company earned $2.16 EPS. The firm's quarterly revenue was up 9.5% on a year-over-year basis. OSI Systems updated its FY 2025 guidance to 9.150-9.450 EPS.

OSI Systems Stock Up 0.6 %

Shares of OSIS traded up $1.30 during mid-day trading on Thursday, hitting $222.69. 144,706 shares of the company's stock were exchanged, compared to its average volume of 189,528. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. OSI Systems has a 52 week low of $129.18 and a 52 week high of $227.34. The company has a market cap of $3.74 billion, a PE ratio of 28.66, a P/E/G ratio of 1.81 and a beta of 1.28. The company has a 50-day simple moving average of $194.05 and a 200 day simple moving average of $181.10.

Insider Buying and Selling

In other OSI Systems news, Director William Francis Ballhaus, Jr. sold 933 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $219.77, for a total value of $205,045.41. Following the completion of the transaction, the director now directly owns 24,805 shares in the company, valued at $5,451,394.85. This trade represents a 3.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Deepak Chopra sold 20,000 shares of the company's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $221.79, for a total transaction of $4,435,800.00. Following the sale, the chairman now directly owns 339,478 shares in the company, valued at $75,292,825.62. This trade represents a 5.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. StockNews.com raised shares of OSI Systems from a "sell" rating to a "hold" rating in a report on Monday. Oppenheimer raised their price objective on OSI Systems from $225.00 to $260.00 and gave the stock an "outperform" rating in a research note on Monday. JPMorgan Chase & Co. initiated coverage on OSI Systems in a research note on Friday, February 21st. They issued a "neutral" rating and a $225.00 target price for the company. Roth Mkm lifted their price objective on OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Finally, B. Riley reissued a "buy" rating and set a $255.00 target price (up from $221.00) on shares of OSI Systems in a research note on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, OSI Systems has an average rating of "Moderate Buy" and an average target price of $228.33.

About OSI Systems

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.