PDT Partners LLC purchased a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 34,904 shares of the technology company’s stock, valued at approximately $7,634,000. PDT Partners LLC owned 0.21% of OSI Systems at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of OSIS. Danske Bank A S acquired a new stake in shares of OSI Systems during the 3rd quarter valued at about $25,000. Group One Trading LLC bought a new position in OSI Systems during the first quarter valued at approximately $27,000. Mcguire Capital Advisors Inc. bought a new position in OSI Systems during the fourth quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd lifted its stake 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 acquiring an additional 92 shares during the last quarter. Finally, Keating Financial Advisory Services Inc. acquired a new stake in OSI Systems in the second quarter valued at approximately $39,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on OSIS. Citigroup decreased their price objective on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Roth Capital reaffirmed a “buy” rating and issued a $274.00 price target on shares of OSI Systems in a research report on Friday. Weiss Ratings downgraded OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. B. Riley Financial reissued a “buy” rating and set a $265.00 price objective (down from $320.00) on shares of OSI Systems in a report on Friday. Finally, Bank of America cut their price objective on OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, OSI Systems currently has an average rating of “Moderate Buy” and a consensus price target of $281.71.
OSI Systems Trading Up 0.0%
Shares of OSIS opened at $204.07 on Wednesday. The stock’s 50-day moving average price is $219.66 and its 200 day moving average price is $246.27. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 1.54 and a beta of 1.21. OSI Systems, Inc. has a 12-month low of $186.50 and a 12-month high of $311.72.
OSI Systems (NASDAQ:OSIS – Get Free Report) last released its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $0.01. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The company had revenue of $484.06 million during the quarter, compared to the consensus estimate of $529.72 million. During the same period last year, the firm earned $2.84 EPS. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. As a group, research analysts predict that OSI Systems, Inc. will post 11.32 earnings per share for the current year.
OSI Systems 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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