Brokerages Set OSI Systems, Inc. (NASDAQ:OSIS) Target Price at $268.63

Shares of OSI Systems, Inc. (NASDAQ:OSISGet Free Report) have received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $268.6250.

A number of analysts have recently weighed in on the stock. Bank of America raised their price target on shares of OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. JPMorgan Chase & Co. increased their target price on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. UBS Group set a $292.00 price target on shares of OSI Systems in a report on Monday, December 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Finally, Oppenheimer raised their price objective on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd.

Get Our Latest Stock Analysis on OSI Systems

Insider Buying and Selling at OSI Systems

In related news, insider Paul Keith Morben sold 416 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $279.10, for a total value of $116,105.60. Following the completion of the transaction, the insider directly owned 8,540 shares of the company’s stock, valued at $2,383,514. This trade represents a 4.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $283.15, for a total transaction of $424,725.00. Following the completion of the sale, the director owned 5,036 shares of the company’s stock, valued at $1,425,943.40. This trade represents a 22.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 41,916 shares of company stock worth $11,171,631. 4.30% of the stock is owned by insiders.

Institutional Investors Weigh In On OSI Systems

Institutional investors and hedge funds have recently made changes to their positions in the stock. Severin Investments LLC grew its holdings in shares of OSI Systems by 2.6% during the third quarter. Severin Investments LLC now owns 1,884 shares of the technology company’s stock valued at $470,000 after buying an additional 48 shares during the last quarter. Richardson Financial Services Inc. raised its stake in OSI Systems by 58.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock worth $36,000 after acquiring an additional 53 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in OSI Systems by 28.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 256 shares of the technology company’s stock worth $64,000 after acquiring an additional 57 shares during the period. Bessemer Group Inc. grew its stake in OSI Systems by 78.7% during the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock valued at $30,000 after purchasing an additional 59 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of OSI Systems by 1.0% in the second quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock valued at $1,526,000 after purchasing an additional 65 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Trading Up 0.1%

Shares of NASDAQ:OSIS opened at $269.82 on Thursday. The company has a market capitalization of $4.58 billion, a PE ratio of 30.56, a P/E/G ratio of 2.24 and a beta of 1.35. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 0.46. OSI Systems has a 12-month low of $150.84 and a 12-month high of $292.34. The business’s fifty day simple moving average is $264.77 and its 200-day simple moving average is $242.24.

OSI Systems (NASDAQ:OSISGet Free Report) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.05. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.The company had revenue of $384.62 million for the quarter, compared to the consensus estimate of $372.03 million. During the same quarter last year, the company earned $1.25 earnings per share. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, equities research analysts predict that OSI Systems will post 9.22 earnings per share for the current fiscal year.

OSI Systems Company Profile

(Get Free Report)

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.

Read More

Analyst Recommendations for OSI Systems (NASDAQ:OSIS)

Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.