OSI Systems’ (OSIS) “Buy (B)” Rating Reiterated at Weiss Ratings

OSI Systems (NASDAQ:OSIS)‘s stock had its “buy (b)” rating reaffirmed by stock analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Several other research firms have also recently issued reports on OSIS. Bank of America raised their target price on OSI Systems from $250.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Oppenheimer raised their target price on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Finally, B. Riley raised their target price on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $247.50.

OSI Systems Price Performance

NASDAQ:OSIS opened at $251.11 on Friday. OSI Systems has a one year low of $129.84 and a one year high of $257.41. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.46 and a current ratio of 2.04. The stock has a market cap of $4.26 billion, a PE ratio of 28.86, a P/E/G ratio of 2.15 and a beta of 1.32. The stock has a 50 day moving average price of $238.65 and a 200 day moving average price of $225.55.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $497.22 million. During the same quarter last year, the firm earned $2.84 earnings per share. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. Equities research analysts expect that OSI Systems will post 9.22 EPS for the current fiscal year.

Insider Buying and Selling at OSI Systems

In other news, insider Paul Keith Morben sold 1,671 shares of the firm’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 completion of the transaction, the insider directly owned 8,749 shares in the company, valued at $2,071,413.24. This trade represents a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Deepak Chopra sold 20,000 shares of the firm’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 of the company’s stock, valued at approximately $76,927,780.20. This 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 company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in shares of OSI Systems during the third quarter worth $32,000. Bessemer Group Inc. boosted 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 buying an additional 59 shares during the period. National Bank of Canada FI boosted 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 buying an additional 78 shares during the period. Nisa Investment Advisors LLC boosted 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 buying an additional 113 shares during the period. Finally, Virtus Advisers LLC purchased a new position in shares of OSI Systems during the first quarter worth $43,000. 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.