OSI Systems, Inc. (OSIS) to Release Earnings on Wednesday
OSI Systems, Inc. (NASDAQ:OSIS) will be releasing its earnings data after the market closes on Wednesday, October 25th. Analysts expect OSI Systems to post earnings of $0.61 per share for the quarter. OSI Systems has set its FY17 guidance at $3.35-3.60 EPS.
OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, August 24th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.09. OSI Systems had a return on equity of 10.57% and a net margin of 2.19%. The firm had revenue of $252.40 million for the quarter, compared to analysts’ expectations of $253.58 million. During the same period in the prior year, the business posted $0.55 earnings per share. The business’s revenue was up 14.0% compared to the same quarter last year. On average, analysts expect OSI Systems to post $3.44 EPS for the current fiscal year and $4.08 EPS for the next fiscal year.
Shares of OSI Systems, Inc. (OSIS) opened at 94.47 on Wednesday. The firm has a 50-day moving average price of $87.82 and a 200-day moving average price of $79.57. The company has a market capitalization of $1.77 billion, a PE ratio of 88.29 and a beta of 0.76. OSI Systems, Inc. has a 12 month low of $65.21 and a 12 month high of $96.64.
Several equities analysts have weighed in on the company. Zacks Investment Research raised OSI Systems from a “hold” rating to a “buy” rating and set a $99.00 price objective for the company in a report on Thursday, September 28th. B. Riley set a $92.00 price objective on OSI Systems and gave the company a “buy” rating in a report on Sunday, August 27th. Roth Capital reaffirmed a “buy” rating and issued a $97.00 price objective on shares of OSI Systems in a report on Tuesday, August 29th. TheStreet raised OSI Systems from a “c+” rating to a “b-” rating in a report on Thursday, August 10th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of OSI Systems in a report on Wednesday, August 9th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. OSI Systems currently has a consensus rating of “Buy” and an average price target of $95.00.
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About OSI Systems
OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.
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