OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $294.00.
A number of brokerages have recently commented on OSIS. Roth Capital reiterated a “buy” rating and set a $310.00 price target on shares of OSI Systems in a report on Tuesday, May 5th. Weiss Ratings lowered shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, Citigroup lowered their target price on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research note on Monday, May 18th.
Check Out Our Latest Analysis on OSI Systems
OSI Systems Price Performance
OSI Systems (NASDAQ:OSIS – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 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 analyst estimates of $449.23 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.44 earnings per share. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Analysts predict that OSI Systems will post 10.4 EPS for the current fiscal year.
Insider Buying and Selling
In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the transaction, the director owned 253,044 shares of the company’s stock, valued at $71,317,920.96. This trade represents a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.30% of the company’s stock.
Institutional Trading of OSI Systems
Institutional investors have recently made changes to their positions in the stock. William Blair Investment Management LLC acquired a new stake in shares of OSI Systems during the 4th quarter worth $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in OSI Systems in the third quarter valued at $40,222,000. UBS Group AG grew its position in OSI Systems by 63.8% during the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock valued at $78,843,000 after acquiring an additional 123,212 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in OSI Systems during the second quarter valued at about $13,576,000. Finally, Wellington Management Group LLP acquired a new stake in OSI Systems during the fourth quarter worth about $12,718,000. 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.
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