NASDAQ:OSIS - OSI Systems Stock Price, Forecast & News

OSI Systems trades on the NASDAQ under the ticker symbol "OSIS."

OSI Systems announced that its board has approved a share buyback plan on Wednesday, March 7th 2018, which permits the company to repurchase 1,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

OSI Systems, Inc. (NASDAQ:OSIS) released its quarterly earnings data on Thursday, October, 24th. The technology company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.05. The technology company had revenue of $290.90 million for the quarter, compared to analysts' expectations of $281.26 million. OSI Systems had a return on equity of 15.64% and a net margin of 6.31%. The company's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 EPS. View OSI Systems' Earnings History.

OSI Systems is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for OSI Systems.

3 brokerages have issued 12-month price objectives for OSI Systems' stock. Their forecasts range from $90.00 to $122.00. On average, they expect OSI Systems' share price to reach $110.33 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for OSI Systems.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OSI Systems in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for OSI Systems.

Press coverage about OSIS stock has trended extremely negative on Saturday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. OSI Systems earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near term. View News Stories for OSI Systems.

OSI Systems saw a decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,470,000 shares, a decrease of 5.2% from the September 15th total of 1,550,000 shares. Based on an average daily volume of 189,500 shares, the short-interest ratio is presently 7.8 days. Currently, 8.7% of the shares of the stock are sold short. View OSI Systems' Current Options Chain.

Some companies that are related to OSI Systems include Cognex (CGNX), FLIR Systems (FLIR), National Instruments (NATI), Coherent (COHR), Itron (ITRI), Badger Meter (BMI), Mesa Laboratories (MLAB), MTS Systems (MTSC), FARO Technologies (FARO), Vishay Precision Group (VPG) and Daktronics (DAKT).

Based on aggregate information from My MarketBeat watchlists, some companies that other OSI Systems investors own include Intel (INTC), Netflix (NFLX), Oracle (ORCL), Alphabet (GOOG), Micron Technology (MU), Alibaba Group (BABA), Gilead Sciences (GILD), Pfizer (PFE), TENCENT HOLDING/ADR (TCEHY) and American Airlines Group (AAL).

OSI Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.83%), Granahan Investment Management Inc. MA (2.08%), Select Equity Group L.P. (1.03%), Millennium Management LLC (0.87%), SG Capital Management LLC (0.59%) and Man Group plc (0.42%). Company insiders that own OSI Systems stock include Ajay Mehra, Alan I Edrick, Deborah Lee Cegielski, Deepak Chopra, James W Green, Malcolm Peter Maginnis, Meyer/ Luskin, Steven C Good, Victor S Sze and William Francis Ballhaus Jr. View Institutional Ownership Trends for OSI Systems.

OSIS stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Granahan Investment Management Inc. MA, Select Equity Group L.P., First Trust Advisors LP, Public Employees Retirement System of Ohio, Envestnet Asset Management Inc., Sumitomo Mitsui Trust Holdings Inc. and Hennessy Advisors Inc.. Company insiders that have sold OSI Systems company stock in the last year include Ajay Mehra, Alan I Edrick, Deborah Lee Cegielski, Deepak Chopra, Malcolm Peter Maginnis, Steven C Good, Victor S Sze and William Francis Ballhaus Jr. View Insider Buying and Selling for OSI Systems.

OSIS stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Man Group plc, Robeco Institutional Asset Management B.V., Voloridge Investment Management LLC, Systematic Financial Management LP, State Street Corp, Russell Investments Group Ltd. and SG Capital Management LLC. Company insiders that have bought OSI Systems stock in the last two years include James W Green and Meyer/ Luskin. View Insider Buying and Selling for OSI Systems.

Shares of OSIS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OSIS stock can currently be purchased for approximately $100.94.

OSI Systems has a market capitalization of $1.85 billion and generates $1.18 billion in revenue each year. The technology company earns $64.80 million in net income (profit) each year or $4.32 on an earnings per share basis. OSI Systems employs 6,667 workers across the globe.View Additional Information About OSI Systems.

The official website for OSI Systems is http://www.osi-systems.com/.

OSI Systems' mailing address is 12525 CHADRON AVENUE, HAWTHORNE CA, 90250. The technology company can be reached via phone at 310-978-0516.