OSI Systems - OSIS Stock Forecast, Price & News

0 Wall Street research analysts have issued 12-month price objectives for OSI Systems' shares. Their OSIS share price forecasts range from $115.00 to $115.00. On average, they predict the company's stock price to reach $115.00 in the next twelve months. This suggests a possible upside of 35.7% 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 $93.20 at the start of the year. Since then, OSIS shares have decreased by 9.1% and is now trading at $84.74.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our OSIS earnings forecast.

OSI Systems, Inc. (NASDAQ:OSIS) issued its quarterly earnings results on Thursday, October, 28th. The technology company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.04. The technology company earned $279.30 million during the quarter, compared to analysts' expectations of $270.40 million. OSI Systems had a net margin of 9.17% and a trailing twelve-month return on equity of 15.61%. OSI Systems's revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm earned $1.06 earnings per share.

OSI Systems declared that its board has authorized a stock repurchase plan on Monday, September 19th 2022, which permits the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

OSI Systems updated its FY 2023 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $6.02-$6.25 for the period, compared to the consensus estimate of $6.11. The company issued revenue guidance of $1.24 billion-$1.27 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."

OSI Systems' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (19.50%), Vanguard Group Inc. (10.90%), Dimensional Fund Advisors LP (4.71%), State Street Corp (3.93%), Credit Suisse AG (2.99%) and Primecap Management Co. CA (1.80%). Insiders that own company stock include Ajay Mehra, Deepak Chopra, Glenn Grindstaff, Malcolm Peter Maginnis, Manoocher M Aliabadi, Paul Keith Morben, Steven C Good and Victor S Sze.
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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 $84.74.

OSI Systems (NASDAQ:OSIS) has a market capitalization of $1.43 billion and generates $1.18 billion in revenue each year. The technology company earns $115.35 million in net income (profit) each year or $6.09 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.