OSI Systems - OSIS Stock Forecast, Price & News

0 brokers have issued 12 month price targets for OSI Systems' stock. Their OSIS share price forecasts range from $115.00 to $115.00. On average, they anticipate the company's share price to reach $115.00 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for OSIS or view top-rated stocks among Wall Street analysts.

OSI Systems' stock was trading at $79.52 at the beginning of the year. Since then, OSIS stock has increased by 28.7% and is now trading at $102.36.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our OSIS earnings forecast.

OSI Systems, Inc. (NASDAQ:OSIS) issued its earnings results on Thursday, January, 26th. The technology company reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.04. The technology company had revenue of $295.60 million for the quarter, compared to the consensus estimate of $297.19 million. OSI Systems had a net margin of 8.74% and a trailing twelve-month return on equity of 14.99%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.28 earnings per share.

ETFs with the largest weight of OSI Systems (NASDAQ:OSIS) stock in their portfolio include SPDR Kensho Future Security ETF (FITE), Invesco S&P SmallCap Information Technology ETF (PSCT), Vanguard U.S. Minimum Volatility ETF (VFMV), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco Nasdaq Future Gen 200 ETF (QQQS), SPDR S&P Kensho New Economies Composite ETF (KOMP), First Trust Small Cap Value AlphaDEX Fund (FYT) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

OSI Systems announced that its board has authorized a stock repurchase program on Monday, September 19th 2022, which allows the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

OSI Systems issued an update on its FY 2023 earnings guidance on Thursday, January, 26th. The company provided EPS guidance of $6.02-$6.25 for the period, compared to the consensus EPS estimate of $6.11. The company issued revenue guidance of $1.24 billion-$1.26 billion, compared to the consensus revenue estimate of $1.25 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."

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 $102.36.

OSI Systems (NASDAQ:OSIS) has a market capitalization of $1.72 billion and generates $1.18 billion in revenue each year. The technology company earns $115.35 million in net income (profit) each year or $5.96 on an earnings per share basis.

The company employs 6,298 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.