OSI Systems, Inc. (NASDAQ:OSIS) Receives $294.00 Average PT from Brokerages

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have received an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $294.00.

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of OSI Systems from $255.00 to $262.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Roth Mkm reaffirmed a “buy” rating and set a $310.00 price objective on shares of OSI Systems in a report on Tuesday, May 5th. Weiss Ratings downgraded shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Finally, Citigroup decreased their price objective on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a report on Monday, May 18th.

OSI Systems Stock Performance

OSIS opened at $216.75 on Friday. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 1.78 and a beta of 1.31. OSI Systems has a 52-week low of $203.45 and a 52-week high of $311.72. The firm’s fifty day simple moving average is $261.19 and its two-hundred day simple moving average is $268.11.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.07. The business had revenue of $453.25 million for the quarter, compared to the consensus estimate of $449.23 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm posted $2.44 earnings per share. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Equities analysts anticipate that OSI Systems will post 10.4 earnings per share for the current fiscal year.

Insider Transactions at OSI Systems

In other news, Director Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $281.84, for a total value of $5,636,800.00. Following the transaction, the director directly owned 253,044 shares of the company’s stock, valued at approximately $71,317,920.96. This trade represents a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On OSI Systems

Several hedge funds and other institutional investors have recently modified their holdings of OSIS. Mawer Investment Management Ltd. lifted its stake in shares of OSI Systems by 67.0% in the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock worth $213,445,000 after buying an additional 343,727 shares in the last quarter. William Blair Investment Management LLC purchased a new position in shares of OSI Systems in the fourth quarter worth about $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of OSI Systems in the third quarter worth about $40,222,000. UBS Group AG lifted its stake in shares of OSI Systems by 63.8% in the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after buying an additional 123,212 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of OSI Systems in the second quarter worth about $13,576,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

About OSI Systems

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.