OSI Systems (NASDAQ:OSIS) Hits New 52-Week Low – Time to Sell?

Shares of OSI Systems, Inc. (NASDAQ:OSIS) reached a new 52-week low during trading on Friday . The company traded as low as $203.36 and last traded at $202.4390, with a volume of 75581 shares. The stock had previously closed at $212.61.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on OSIS. Weiss Ratings downgraded OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Citigroup lowered their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Finally, Roth Mkm reiterated a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, OSI Systems has an average rating of “Moderate Buy” and a consensus target price of $294.00.

OSI Systems Trading Down 7.1%

The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 22.54, a P/E/G ratio of 1.75 and a beta of 1.21. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.42 and a current ratio of 3.25. The firm has a fifty day moving average of $255.56 and a 200-day moving average of $266.12.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results 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. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The firm had revenue of $453.25 million during the quarter, compared to the consensus estimate of $449.23 million. During the same period in the prior year, the firm earned $2.44 EPS. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. As a group, equities analysts predict that OSI Systems, Inc. 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 stock was sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the completion of the sale, the director directly owned 253,044 shares in the company, valued at $71,317,920.96. This trade represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.30% of the company’s stock.

Institutional Trading of OSI Systems

Several large investors have recently modified their holdings of OSIS. Danske Bank A S acquired a new stake in shares of OSI Systems during the third quarter valued at about $25,000. Group One Trading LLC acquired a new stake in shares of OSI Systems during the first quarter valued at about $27,000. Private Trust Co. NA grew its stake in shares of OSI Systems by 179.5% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the technology company’s stock valued at $31,000 after acquiring an additional 79 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in shares of OSI Systems during the fourth quarter valued at about $32,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of OSI Systems by 119.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company’s stock valued at $43,000 after acquiring an additional 92 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

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.