OSI Systems (OSIS) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OSI Systems in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OSIS shares.
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3 equities research analysts have issued 1 year price targets for OSI Systems' stock. Their OSIS share price forecasts range from $157.00 to $165.00. On average, they expect the company's stock price to reach $162.33 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price.
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OSI Systems' stock was trading at $79.52 at the beginning of 2023. Since then, OSIS shares have increased by 42.8% and is now trading at $113.52.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our OSIS earnings forecast.

OSI Systems, Inc. (NASDAQ:OSIS) issued its earnings results on Thursday, August, 24th. The technology company reported $2.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.54 by $0.12. The technology company earned $336.80 million during the quarter, compared to analysts' expectations of $382.90 million. OSI Systems had a trailing twelve-month return on equity of 16.02% and a net margin of 7.18%. The firm's revenue was down 18.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.96 EPS.

ETFs with the largest weight of OSI Systems (NASDAQ:OSIS) stock in their portfolio include SPDR Kensho Future Security ETF (FITE), Vanguard U.S. Minimum Volatility ETF (VFMV), Invesco S&P SmallCap Information Technology ETF (PSCT), SPDR S&P Kensho New Economies Composite ETF (KOMP), Etho Climate Leadership US ETF (ETHO), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), VictoryShares US Small Cap Volatility Wtd (CSA) and Invesco Aerospace & Defense ETF (PPA).

OSI Systems announced that its Board of Directors has initiated a stock buyback program on Monday, September 19th 2022, which authorizes the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

OSI Systems issued an update on its FY 2024 earnings guidance on Thursday, August, 24th. The company provided earnings per share (EPS) guidance of $7.76- for the period, compared to the consensus estimate of $7.13. The company issued revenue guidance of $1.51B-, compared to the consensus revenue estimate of $1.38 billion.

47 employees have rated OSI Systems Chief Executive Officer Deepak Chopra on Glassdoor.com. Deepak Chopra has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other OSI Systems investors own include Pfizer (PFE), AbbVie (ABBV), Netflix (NFLX), Oracle (ORCL), AT&T (T), Tesla (TSLA), Arconic (ARNC), General Electric (GE), Intel (INTC) and Merck & Co., Inc. (MRK).

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

OSI Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.65%), Dimensional Fund Advisors LP (4.81%), State Street Corp (3.94%), Credit Suisse AG (2.65%), Clearbridge Investments LLC (2.34%) and Neumeier Poma Investment Counsel LLC (2.17%). Insiders that own company stock include Ajay Mehra, Alan I Edrick, Deepak Chopra, Gerald M Chizever, Glenn Grindstaff, Malcolm Peter Maginnis, Manoocher M Aliabadi, Paul Keith Morben, Shalabh Chandra, Victor S Sze and William Francis Ballhaus Jr.
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Shares of OSIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OSIS stock can currently be purchased for approximately $113.52.

OSI Systems (NASDAQ:OSIS) has a market capitalization of $1.91 billion and generates $1.28 billion in revenue each year. The technology company earns $91.78 million in net income (profit) each year or $5.34 on an earnings per share basis.

The company employs 6,423 workers across the globe.

OSI Systems' mailing address is 12525 CHADRON AVENUE, HAWTHORNE CA, 90250. The official website for the company is www.osi-systems.com. The technology company can be reached via phone at (310) 978-0516 or via fax at 310-644-7213.