OSI Systems, Inc. (NASDAQ:OSIS) Receives Consensus Rating of “Buy” from Analysts

OSI Systems, Inc. (NASDAQ:OSIS) has earned a consensus recommendation of “Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $282.00.

OSIS has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price target on OSI Systems from $255.00 to $262.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. UBS Group set a $292.00 target price on OSI Systems in a research report on Monday, December 1st. Roth Mkm increased their price target on OSI Systems from $292.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. B. Riley Financial lifted their price objective on OSI Systems from $300.00 to $320.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, Bank of America upped their price objective on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th.

Insider Buying and Selling at OSI Systems

In other news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $250.91, for a total transaction of $5,018,200.00. Following the transaction, the director directly owned 273,044 shares in the company, valued at approximately $68,509,470.04. This trade represents a 6.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.30% of the company’s stock.

Institutional Trading of OSI Systems

Several hedge funds and other institutional investors have recently bought and sold shares of OSIS. Osaic Holdings Inc. lifted its stake in shares of OSI Systems by 418.1% during the second quarter. Osaic Holdings Inc. now owns 32,688 shares of the technology company’s stock worth $7,350,000 after buying an additional 26,379 shares during the period. Mawer Investment Management Ltd. raised its stake in OSI Systems by 67.0% in the 3rd quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock worth $213,445,000 after acquiring an additional 343,727 shares during the last quarter. Boston Partners lifted its position in OSI Systems by 1.9% during the 2nd quarter. Boston Partners now owns 98,252 shares of the technology company’s stock worth $21,982,000 after acquiring an additional 1,825 shares during the period. Nordea Investment Management AB grew its stake in OSI Systems by 3.6% during the 3rd quarter. Nordea Investment Management AB now owns 54,979 shares of the technology company’s stock valued at $13,319,000 after purchasing an additional 1,915 shares during the last quarter. Finally, Personal CFO Solutions LLC purchased a new stake in OSI Systems during the 2nd quarter valued at about $226,000. Institutional investors own 89.21% of the company’s stock.

OSI Systems Stock Down 0.8%

Shares of OSIS opened at $264.98 on Friday. The firm has a fifty day moving average price of $269.91 and a 200-day moving average price of $253.88. The company has a current ratio of 3.15, a quick ratio of 2.31 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $4.36 billion, a P/E ratio of 30.01, a P/E/G ratio of 2.18 and a beta of 1.35. OSI Systems has a 12-month low of $153.40 and a 12-month high of $294.93.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, January 29th. The technology company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.52 by $0.06. The company had revenue of $464.06 million for the quarter, compared to the consensus estimate of $449.51 million. OSI Systems had a net margin of 8.52% and a return on equity of 18.58%. The firm’s revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.42 EPS. Equities research analysts expect that OSI Systems will post 9.22 earnings per share for the current year.

OSI Systems Company Profile

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.