OSI Systems (OSIS) Set to Announce Earnings on Wednesday
OSI Systems (NASDAQ:OSIS) is scheduled to be releasing its Q114 earnings data on Wednesday, October 23rd. Analysts expect OSI Systems to post earnings of $0.42 per share and revenue of $191.37 million for the quarter. OSI Systems has set its FY14 guidance at $3.22-3.38 EPS.
OSI Systems (NASDAQ:OSIS) last announced its earnings results on Wednesday, August 14th. The company reported $1.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.02. The company had revenue of $235.24 million for the quarter, compared to the consensus estimate of $220.79 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. On average, analysts expect OSI Systems to post $3.30 EPS for the current fiscal year and $3.97 EPS for the next fiscal year.
Shares of OSI Systems (NASDAQ:OSIS) traded down 2.42% during mid-day trading on Tuesday, hitting $75.15. The stock had a trading volume of 102,185 shares. OSI Systems has a 1-year low of $48.10 and a 1-year high of $81.23. The stock has a 50-day moving average of $74.57 and a 200-day moving average of $65.95. The company has a market cap of $1.501 billion and a price-to-earnings ratio of 35.82.
Several analysts have recently commented on the stock. Analysts at Roth Capital raised their price target on shares of OSI Systems from $77.00 to $88.00 in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock. On the ratings front, analysts at CRT Capital raised their price target on shares of OSI Systems from $77.00 to $82.00 in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock. Finally, analysts at Benchmark Co. raised their price target on shares of OSI Systems from $70.00 to $82.00 in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. OSI Systems presently has an average rating of “Buy” and an average price target of $80.08.
OSI Systems, Inc is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications.
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