OSI Systems (NASDAQ:OSIS) Hits New 52-Week Low – Here’s Why

OSI Systems, Inc. (NASDAQ:OSIS)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $203.45 and last traded at $208.1150, with a volume of 121627 shares changing hands. The stock had previously closed at $211.37.

Analyst Ratings Changes

OSIS has been the subject of several research reports. B. Riley Financial upped their price objective on shares of OSI Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Citigroup decreased their price objective on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday. JPMorgan Chase & Co. upped their price objective on shares of OSI Systems from $255.00 to $262.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Roth Mkm restated a “buy” rating and issued a $310.00 price objective on shares of OSI Systems in a report on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.00.

OSI Systems Stock Down 1.7%

The stock’s 50-day moving average price is $269.07 and its two-hundred day moving average price is $271.11. The stock has a market capitalization of $3.43 billion, a PE ratio of 23.73, a P/E/G ratio of 1.71 and a beta of 1.31. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.42 and a current ratio of 3.25.

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

Insider Buying and Selling

In related news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction dated 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 sale, the director directly owned 253,044 shares of the company’s stock, valued at approximately $71,317,920.96. This represents a 7.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 Investors Weigh In On OSI Systems

Several large investors have recently bought and sold shares of the business. Mawer Investment Management Ltd. lifted its position in OSI Systems by 67.0% during the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock valued at $213,445,000 after purchasing an additional 343,727 shares during the period. William Blair Investment Management LLC purchased a new position in shares of OSI Systems in the fourth quarter worth approximately $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of OSI Systems in the third quarter worth approximately $40,222,000. UBS Group AG boosted its holdings 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 during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of OSI Systems in the second quarter worth approximately $13,576,000. 89.21% of the stock is currently owned by institutional investors.

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.