OSI Systems (NASDAQ:OSIS) Reaches New 52-Week High – Time to Buy?

OSI Systems, Inc. (NASDAQ:OSIS)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $290.83 and last traded at $290.1050, with a volume of 42693 shares. The stock had previously closed at $286.96.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Roth Capital reaffirmed a “buy” rating and set a $280.00 price target on shares of OSI Systems in a research note on Wednesday, October 29th. JPMorgan Chase & Co. increased their price target on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Bank of America upped their target price on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Oppenheimer boosted their price objective on shares of OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.57.

OSI Systems Price Performance

The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The business’s fifty day simple moving average is $249.05 and its 200 day simple moving average is $232.68. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.13 and a beta of 1.33.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.37 by $0.05. The firm had revenue of $384.62 million for the quarter, compared to analysts’ expectations of $372.03 million. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, research analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current year.

Insider Transactions at OSI Systems

In related news, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were 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 of the company’s stock, valued at approximately $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Paul Keith Morben sold 416 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $279.10, for a total value of $116,105.60. Following the completion of the transaction, the insider owned 8,540 shares in the company, valued at $2,383,514. The trade was a 4.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 23,587 shares of company stock worth $5,852,457. 4.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in OSI Systems by 161.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 877,393 shares of the technology company’s stock valued at $170,513,000 after purchasing an additional 541,882 shares in the last quarter. Mawer Investment Management Ltd. increased its position in shares of OSI Systems by 67.0% in the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock valued at $213,445,000 after buying an additional 343,727 shares in the last quarter. Geode Capital Management LLC grew its position in shares of OSI Systems by 0.6% in the second quarter. Geode Capital Management LLC now owns 381,128 shares of the technology company’s stock valued at $85,711,000 after purchasing an additional 2,419 shares during the period. Hood River Capital Management LLC raised its holdings in shares of OSI Systems by 1.0% during the second quarter. Hood River Capital Management LLC now owns 377,061 shares of the technology company’s stock valued at $84,786,000 after acquiring an additional 3,903 shares during the last quarter. Finally, Clark Capital Management Group Inc. raised its position in shares of OSI Systems by 1.9% in the first quarter. Clark Capital Management Group Inc. now owns 369,473 shares of the technology company’s stock valued at $71,803,000 after buying an additional 6,761 shares during the last quarter. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

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.