Brokerages predict that OSI Systems, Inc. (NASDAQ:OSIS) will post earnings of $0.88 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for OSI Systems’ earnings, with the highest EPS estimate coming in at $0.93 and the lowest estimate coming in at $0.82. OSI Systems posted earnings per share of $0.68 during the same quarter last year, which would indicate a positive year-over-year growth rate of 29.4%. The business is expected to issue its next earnings report on Thursday, January 25th.

On average, analysts expect that OSI Systems will report full-year earnings of $3.47 per share for the current year, with EPS estimates ranging from $3.45 to $3.50. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.81 per share, with EPS estimates ranging from $3.75 to $3.86. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow OSI Systems.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.08. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. The business had revenue of $257.13 million for the quarter, compared to analysts’ expectations of $248.52 million. During the same quarter in the previous year, the firm posted $0.44 EPS. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year.

Several analysts have recently commented on OSIS shares. Jefferies Group LLC raised their target price on OSI Systems from $85.00 to $93.00 and gave the company a “buy” rating in a research note on Friday, August 25th. Zacks Investment Research downgraded OSI Systems from a “buy” rating to a “hold” rating in a research note on Wednesday. BidaskClub downgraded OSI Systems from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. TheStreet upgraded OSI Systems from a “c+” rating to a “b-” rating in a research note on Thursday, August 10th. Finally, Roth Capital reiterated a “buy” rating and set a $97.00 price target on shares of OSI Systems in a research note on Tuesday, August 29th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $98.17.

Several institutional investors have recently bought and sold shares of OSIS. Schwab Charles Investment Management Inc. raised its holdings in shares of OSI Systems by 2.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 105,129 shares of the technology company’s stock worth $7,901,000 after purchasing an additional 2,239 shares during the period. Northern Trust Corp raised its holdings in shares of OSI Systems by 8.0% in the 2nd quarter. Northern Trust Corp now owns 251,527 shares of the technology company’s stock worth $18,902,000 after purchasing an additional 18,525 shares during the period. Neumeier Poma Investment Counsel LLC raised its holdings in shares of OSI Systems by 11.4% in the 2nd quarter. Neumeier Poma Investment Counsel LLC now owns 414,815 shares of the technology company’s stock worth $31,173,000 after purchasing an additional 42,470 shares during the period. Janus Henderson Group PLC bought a new stake in shares of OSI Systems in the 2nd quarter worth approximately $108,791,000. Finally, AHL Partners LLP raised its holdings in shares of OSI Systems by 23.8% in the 2nd quarter. AHL Partners LLP now owns 5,793 shares of the technology company’s stock worth $435,000 after purchasing an additional 1,112 shares during the period. 99.66% of the stock is currently owned by hedge funds and other institutional investors.

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OSI Systems (OSIS) opened at $89.89 on Friday. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. The stock has a market cap of $1.70 billion, a P/E ratio of 26.90, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77.

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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Earnings History and Estimates for OSI Systems (NASDAQ:OSIS)

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