OSI Systems, Inc. (OSIS) Issues FY15 Earnings Guidance
OSI Systems, Inc. (NASDAQ:OSIS) issued an update on its FY15 earnings guidance on Monday morning. The company provided EPS guidance of $3.50-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.55, AnalystRatingsNetwork.com reports. The company issued revenue guidance of $960-985 million, compared to the consensus revenue estimate of $948.20 million.
A number of analysts have recently weighed in on OSIS shares. Analysts at Zacks upgraded shares of OSI Systems from an underperform rating to a neutral rating in a research note on Wednesday, July 16th. They now have a $65.80 price target on the stock. Analysts at Benchmark Co. reiterated a buy rating on shares of OSI Systems in a research note on Monday, June 23rd. They now have a $78.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $72.45.
Shares of OSI Systems, Inc. (NASDAQ:OSIS) opened at 67.27 on Monday. OSI Systems, Inc. has a one year low of $39.00 and a one year high of $78.50. The stock has a 50-day moving average of $66.38 and a 200-day moving average of $62.04. The company has a market cap of $1.341 billion and a P/E ratio of 37.17.
OSI Systems (NASDAQ:OSIS) last announced its earnings results on Monday, August 25th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.02. The company had revenue of $260.00 million for the quarter, compared to the consensus estimate of $246.00 million. During the same quarter in the previous year, the company posted $1.02 earnings per share. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. Analysts expect that OSI Systems, Inc. will post $3.10 EPS for the current fiscal year.
OSI Systems, Inc is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications.
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