Shares of OSI Systems, Inc. (NASDAQ:OSIS) have earned an average recommendation of “Buy” from the seven research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $99.25.

Several brokerages recently commented on OSIS. B. Riley reiterated a “buy” rating and issued a $108.00 target price on shares of OSI Systems in a report on Tuesday, October 24th. Zacks Investment Research cut OSI Systems from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Finally, Roth Capital restated a “buy” rating and set a $97.00 price target on shares of OSI Systems in a report on Tuesday, August 29th.

Several institutional investors and hedge funds have recently modified their holdings of OSIS. Janus Henderson Group PLC bought a new position in shares of OSI Systems in the 2nd quarter worth $108,791,000. Emerald Advisers Inc. PA lifted its holdings in shares of OSI Systems by 6,051.2% in the 3rd quarter. Emerald Advisers Inc. PA now owns 169,650 shares of the technology company’s stock worth $15,501,000 after purchasing an additional 166,892 shares in the last quarter. Emerald Mutual Fund Advisers Trust bought a new position in shares of OSI Systems in the 3rd quarter worth $11,235,000. OxFORD Asset Management LLP bought a new position in shares of OSI Systems in the 2nd quarter worth $3,465,000. Finally, Gotham Asset Management LLC lifted its holdings in shares of OSI Systems by 609.2% in the 2nd quarter. Gotham Asset Management LLC now owns 52,174 shares of the technology company’s stock worth $3,921,000 after purchasing an additional 44,817 shares in the last quarter.

Shares of OSI Systems (NASDAQ OSIS) opened at $84.50 on Monday. OSI Systems has a twelve month low of $69.08 and a twelve month high of $96.64. The company has a market capitalization of $1,602.80, a P/E ratio of 25.30, a P/E/G ratio of 1.80 and a beta of 0.72. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 0.43.

OSI Systems (NASDAQ:OSIS) last announced its earnings results on Thursday, October 26th. The technology company reported $0.79 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.08. OSI Systems had a return on equity of 11.68% and a net margin of 3.06%. The business had revenue of $257.13 million for the quarter, compared to analysts’ expectations of $248.52 million. During the same period in the prior year, the business posted $0.44 earnings per share. The firm’s revenue was up 16.8% on a year-over-year basis. equities analysts predict that OSI Systems will post 3.47 EPS for the current fiscal year.

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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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