Benchmark Co. Boosts OSI Systems Price Target to $82.00 (OSIS)
Equities researchers at Benchmark Co. increased their price objective on shares of OSI Systems (NASDAQ:OSIS) to $82.00 in a research report issued on Tuesday. Benchmark Co.’s price target suggests a potential upside of 21.28% from the company’s current price.
Separately, 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. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $73.45.
OSI Systems (NASDAQ:OSIS) traded down 0.90% on Tuesday, hitting $67.00. The stock had a trading volume of 38,854 shares. OSI Systems has a one year low of $39.00 and a one year high of $78.50. The stock’s 50-day moving average is $66.42 and its 200-day moving average is $62.17. The company has a market cap of $1.336 billion and a P/E ratio of 36.95.
OSI Systems (NASDAQ:OSIS) last announced its earnings results on Monday, August 25th. The company reported $1.19 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $1.02 earnings per share. OSI Systems’s revenue was up 14.1% compared to the same quarter last year. Analysts expect that OSI Systems will post $3.55 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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