OSI Systems, Inc. (NASDAQ:OSIS) Stock Has Average Target Price of $281.71 According to Analysts

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $281.71.

Several brokerages recently commented on OSIS. Bank of America dropped their target price on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Oppenheimer lowered their price target on OSI Systems from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, August 21st. Roth Capital reiterated a “buy” rating and issued a $274.00 price objective on shares of OSI Systems in a research note on Friday, August 21st. Weiss Ratings cut OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Finally, B. Riley Financial restated a “buy” rating and set a $265.00 target price (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st.

Institutional Investors Weigh In On OSI Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. Abel Hall LLC increased its position in OSI Systems by 3.6% during the first quarter. Abel Hall LLC now owns 1,113 shares of the technology company’s stock worth $296,000 after acquiring an additional 39 shares during the period. HB Wealth Management LLC grew its position in OSI Systems by 7.0% in the 1st quarter. HB Wealth Management LLC now owns 1,045 shares of the technology company’s stock worth $277,000 after purchasing an additional 68 shares during the last quarter. Cetera Investment Advisers grew its position in OSI Systems by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 12,263 shares of the technology company’s stock worth $3,256,000 after purchasing an additional 90 shares during the last quarter. Clearstead Advisors LLC increased its holdings in shares of OSI Systems by 16.8% during the 4th quarter. Clearstead Advisors LLC now owns 669 shares of the technology company’s stock worth $171,000 after purchasing an additional 96 shares during the period. Finally, Group One Trading LLC bought a new position in shares of OSI Systems during the 1st quarter worth about $27,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Trading Down 2.0%

Shares of OSIS stock opened at $197.24 on Friday. OSI Systems has a 12 month low of $186.50 and a 12 month high of $311.72. The company has a market cap of $3.14 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 1.51 and a beta of 1.20. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20. The business’s 50 day moving average is $213.22 and its two-hundred day moving average is $234.39.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 earnings per share for the quarter, topping analysts’ consensus estimates of $3.77 by $0.01. The business had revenue of $484.06 million during the quarter, compared to analysts’ expectations of $529.72 million. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. OSI Systems’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $2.84 earnings per share. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. Equities analysts predict that OSI Systems will post 11.35 EPS for the current year.

OSI Systems Company Profile

OSI Systems, Inc (NASDAQ: OSIS) is a vertically integrated technology company that designs and manufactures specialized electronic systems for security, healthcare, and optoelectronic applications. The company serves government agencies, transportation authorities, hospitals, medical providers, defense contractors, and commercial customers worldwide.

Through its Rapiscan Systems business, OSI Systems provides security inspection and screening products, including baggage and parcel inspection systems, cargo and vehicle screening equipment, people-screening technologies, radiation detection systems, and related security services.