OSI Systems (OSIS) Posts Quarterly Results
OSI Systems (NASDAQ:OSIS) posted its quarterly earnings results on Monday. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.02, Analyst Ratings Net reports. The company had revenue of $260.00 million for the quarter, compared to the consensus estimate of $246.00 million.
A number of research firms have recently commented on OSIS. 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 stock. OSI Systems has an average rating of “Buy” and an average target price of $72.45.
OSI Systems (NASDAQ:OSIS) opened at 67.27 on Monday. OSI Systems has a 52-week low of $39.00 and a 52-week high of $78.50. The stock’s 50-day moving average is $66.38 and its 200-day moving average is $62.04. The company has a market cap of $1.341 billion and a price-to-earnings ratio of 37.17.
OSI Systems, Inc is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications.
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