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

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $291.8571.

OSIS has been the topic of several recent analyst reports. Bank of America reduced their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Weiss Ratings cut OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Roth Capital restated a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a report on Tuesday, May 5th. Finally, 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, May 18th.

Institutional Trading of OSI Systems

A number of large investors have recently modified their holdings of OSIS. Royal Bank of Canada increased its holdings in OSI Systems by 519.8% during the 1st quarter. Royal Bank of Canada now owns 10,257 shares of the technology company’s stock worth $1,993,000 after purchasing an additional 8,602 shares during the period. AQR Capital Management LLC lifted its holdings in shares of OSI Systems by 64.2% in the 1st quarter. AQR Capital Management LLC now owns 11,656 shares of the technology company’s stock worth $2,265,000 after buying an additional 4,558 shares during the period. Strs Ohio bought a new position in shares of OSI Systems during the 1st quarter worth $97,000. Amundi grew its position in shares of OSI Systems by 76,360.0% during the 2nd quarter. Amundi now owns 3,823 shares of the technology company’s stock worth $874,000 after buying an additional 3,818 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of OSI Systems in the second quarter valued at about $801,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

OSI Systems Stock Down 1.3%

Shares of NASDAQ OSIS opened at $228.56 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42. The company has a market cap of $3.77 billion, a P/E ratio of 26.09, a PEG ratio of 1.73 and a beta of 1.21. OSI Systems has a 1 year low of $197.27 and a 1 year high of $311.72. The firm has a 50-day simple moving average of $219.86 and a two-hundred day simple moving average of $248.90.

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.