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

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have received an average recommendation of “Moderate Buy” from the seven research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $247.50.

A number of research firms recently commented on OSIS. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday. Bank of America upped their price objective on OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a report on Friday, September 26th. B. Riley upped their price target on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Finally, Oppenheimer upped their price target on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd.

Insiders Place Their Bets

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the company’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the transaction, the insider directly owned 8,749 shares in the company, valued at $2,071,413.24. This represents a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $245.80, for a total value of $4,916,000.00. Following the transaction, the chairman owned 312,969 shares in the company, valued at $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is owned by corporate insiders.

Institutional Trading of OSI Systems

A number of large investors have recently modified their holdings of OSIS. National Bank of Canada FI increased its position in shares of OSI Systems by 118.2% during the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock worth $28,000 after acquiring an additional 78 shares during the period. Bessemer Group Inc. increased its position in shares of OSI Systems by 78.7% during the second quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after acquiring an additional 59 shares during the period. Nisa Investment Advisors LLC increased its position in shares of OSI Systems by 139.5% during the first quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock worth $38,000 after acquiring an additional 113 shares during the period. Virtus Advisers LLC purchased a new stake in shares of OSI Systems during the first quarter worth $43,000. Finally, USA Financial Formulas purchased a new stake in shares of OSI Systems during the second quarter worth $55,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

OSI Systems Trading Down 3.2%

OSIS opened at $241.50 on Friday. OSI Systems has a one year low of $129.84 and a one year high of $257.33. The stock has a market capitalization of $4.06 billion, a PE ratio of 27.76, a P/E/G ratio of 2.14 and a beta of 1.32. The business’s 50 day moving average price is $234.26 and its 200 day moving average price is $221.02. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $3.19 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The firm had revenue of $504.99 million for the quarter, compared to analysts’ expectations of $497.22 million. During the same period in the prior year, the firm posted $2.84 earnings per share. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. As a group, equities research analysts expect that OSI Systems will post 9.22 EPS for the current year.

About OSI Systems

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.