OSI Systems (NASDAQ:OSIS) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

OSI Systems (NASDAQ:OSISGet Free Report) announced its quarterly earnings results on Thursday. The technology company reported $3.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.01, FiscalAI reports. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company had revenue of $484.06 million during the quarter, compared to analyst estimates of $529.72 million. OSI Systems updated its FY 2027 guidance to 11.130-11.490 EPS.

OSI Systems Stock Down 1.3%

Shares of NASDAQ:OSIS traded down $2.83 during midday trading on Thursday, reaching $218.09. 336,816 shares of the company were exchanged, compared to its average volume of 265,173. OSI Systems has a fifty-two week low of $197.27 and a fifty-two week high of $311.72. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. The stock has a fifty day simple moving average of $220.98 and a two-hundred day simple moving average of $247.53. The firm has a market cap of $3.59 billion, a PE ratio of 24.90, a P/E/G ratio of 1.63 and a beta of 1.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Danske Bank A S bought a new stake in shares of OSI Systems in the third quarter worth $25,000. Mcguire Capital Advisors Inc. bought a new position in OSI Systems in the fourth quarter valued at $32,000. Caitong International Asset Management Co. Ltd grew its position in OSI Systems by 119.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company’s stock valued at $43,000 after purchasing an additional 92 shares in the last quarter. Strs Ohio acquired a new stake in OSI Systems in the 1st quarter valued at $97,000. Finally, CIBC Private Wealth Group LLC increased its stake in OSI Systems by 6.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 815 shares of the technology company’s stock valued at $208,000 after buying an additional 49 shares during the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Bank of America reduced their target price on OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Weiss Ratings downgraded OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Citigroup cut their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Finally, Roth Capital reiterated a “buy” rating and issued a $310.00 price objective on shares of OSI Systems in a research report on Tuesday, May 5th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $291.86.

View Our Latest Analysis on OSIS

About OSI Systems

(Get Free Report)

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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Earnings History for OSI Systems (NASDAQ:OSIS)

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