OSI Systems Target of Unusually Large Options Trading (OSIS)

OSI Systems, Inc. (NASDAQ:OSIS) was the recipient of unusually large options trading activity on Tuesday. Stock investors bought 3,401 put options on the company. This represents an increase of approximately 2,782% compared to the typical volume of 118 put options.

A number of equities analysts recently commented on OSIS shares. Zacks Investment Research downgraded shares of OSI Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. BidaskClub upgraded shares of OSI Systems from a “strong sell” rating to a “sell” rating in a research note on Friday, December 22nd. B. Riley reiterated a “buy” rating and set a $108.00 target price on shares of OSI Systems in a research note on Tuesday, October 24th. Finally, Jefferies Group reiterated a “buy” rating and set a $79.00 target price on shares of OSI Systems in a research note on Monday, January 8th. Two analysts have rated the stock with a sell rating and four have issued a buy rating to the company. OSI Systems presently has an average rating of “Hold” and a consensus target price of $91.40.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in OSI Systems by 1.5% in the second quarter. Vanguard Group Inc. now owns 1,631,054 shares of the technology company’s stock valued at $122,574,000 after acquiring an additional 24,385 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in OSI Systems in the second quarter valued at $108,791,000. Earnest Partners LLC lifted its position in OSI Systems by 1.6% in the second quarter. Earnest Partners LLC now owns 966,833 shares of the technology company’s stock valued at $72,657,000 after acquiring an additional 15,222 shares during the last quarter. Westwood Holdings Group Inc. lifted its position in OSI Systems by 3.1% in the second quarter. Westwood Holdings Group Inc. now owns 601,321 shares of the technology company’s stock valued at $45,282,000 after acquiring an additional 18,192 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC lifted its position in OSI Systems by 5.3% in the third quarter. Neumeier Poma Investment Counsel LLC now owns 436,645 shares of the technology company’s stock valued at $39,896,000 after acquiring an additional 21,830 shares during the last quarter.

OSI Systems (NASDAQ OSIS) opened at $67.68 on Friday. OSI Systems has a 12 month low of $53.80 and a 12 month high of $96.64. The company has a market cap of $1,280.18, a price-to-earnings ratio of 43.11, a P/E/G ratio of 1.44 and a beta of 0.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.52.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.08. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. The firm had revenue of $257.13 million during the quarter, compared to analysts’ expectations of $248.52 million. During the same period in the previous year, the company earned $0.44 earnings per share. OSI Systems’s quarterly revenue was up 16.8% compared to the same quarter last year. analysts expect that OSI Systems will post 3.47 EPS for the current year.

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About OSI Systems

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

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