Shares of OSI Systems, Inc. (NASDAQ:OSIS – Get Free Report) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat.com 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 price objective among brokerages that have covered the stock in the last year is $294.00.
OSIS has been the subject of several research analyst reports. Citigroup dropped their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Roth Capital reiterated a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a research report on Tuesday, May 5th. Finally, Weiss Ratings downgraded OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th.
Check Out Our Latest Stock Analysis on OSI Systems
OSI Systems Price Performance
OSI Systems (NASDAQ:OSIS – Get Free Report) last issued its earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.07. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company had revenue of $453.25 million for the quarter, compared to analyst estimates of $449.23 million. During the same period in the prior year, the business posted $2.44 earnings per share. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Equities research analysts anticipate that OSI Systems will post 10.4 EPS for the current fiscal year.
Insider Buying and Selling at OSI Systems
In other news, Director Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $281.84, for a total value of $5,636,800.00. Following the sale, the director directly owned 253,044 shares in the company, valued at $71,317,920.96. This represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in OSIS. Janus Henderson Group PLC boosted its stake in shares of OSI Systems by 2.6% during the 1st quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company’s stock worth $205,056,000 after purchasing an additional 19,747 shares during the last quarter. Geode Capital Management LLC grew its stake in OSI Systems by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 410,963 shares of the technology company’s stock worth $104,836,000 after acquiring an additional 16,692 shares during the period. UBS Group AG raised its holdings in OSI Systems by 63.8% in the 3rd quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock valued at $78,843,000 after acquiring an additional 123,212 shares during the last quarter. Clark Capital Management Group Inc. lifted its stake in shares of OSI Systems by 2.6% during the 4th quarter. Clark Capital Management Group Inc. now owns 266,114 shares of the technology company’s stock worth $67,875,000 after purchasing an additional 6,663 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of OSI Systems by 4.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 255,062 shares of the technology company’s stock worth $65,057,000 after purchasing an additional 10,144 shares during the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.
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.
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