OSI Systems - OSIS Stock Forecast, Price & News

0 Wall Street analysts have issued 12 month target prices for OSI Systems' shares. Their OSIS share price forecasts range from $115.00 to $115.00. On average, they anticipate the company's stock price to reach $115.00 in the next year. This suggests a possible upside of 16.1% 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 2023. Since then, OSIS shares have increased by 24.6% and is now trading at $99.08.
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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) announced its earnings results on Thursday, January, 26th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.04. The technology company earned $295.60 million during the quarter, compared to analyst estimates of $297.19 million. OSI Systems had a trailing twelve-month return on equity of 14.99% and a net margin of 8.74%. OSI Systems's revenue was up 6.8% on a year-over-year basis. During the same period last year, the business earned $1.28 EPS.

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 of Directors has approved a stock buyback plan on Monday, September 19th 2022, which authorizes the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.

OSI Systems updated its FY 2023 earnings guidance on Thursday, January, 26th. The company provided earnings per share 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."

OSI Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.71%), Credit Suisse AG (3.02%), Clearbridge Investments LLC (2.28%), JPMorgan Chase & Co. (2.10%), Neumeier Poma Investment Counsel LLC (1.93%) and Geode Capital Management LLC (1.82%). Insiders that own company stock include Ajay Mehra, Deepak Chopra, Glenn Grindstaff, Malcolm Peter Maginnis, Manoocher M Aliabadi, Paul Keith Morben, Steven C Good, 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 $99.08.

OSI Systems (NASDAQ:OSIS) has a market capitalization of $1.67 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.