Wall Street analysts expect OSI Systems, Inc. (NASDAQ:OSIS) to report earnings per share (EPS) of $0.88 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for OSI Systems’ earnings, with estimates ranging from $0.82 to $0.93. OSI Systems posted earnings per share of $0.68 in the same quarter last year, which would indicate a positive year over year growth rate of 29.4%. The company is scheduled to report its next earnings results 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 financial year, analysts forecast that the firm will report 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 that provide coverage for OSI Systems.

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

Several research firms have weighed in on OSIS. B. Riley set a $92.00 price target on OSI Systems and gave the stock a “buy” rating in a research report on Sunday, August 27th. Jefferies Group boosted their price target on OSI Systems from $85.00 to $93.00 and gave the stock a “buy” rating in a research report on Friday, August 25th. Zacks Investment Research raised OSI Systems from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a research report on Thursday, September 7th. BidaskClub lowered OSI Systems from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Finally, Roth Capital reaffirmed a “buy” rating and set a $97.00 price target on shares of OSI Systems in a research report on Tuesday, August 29th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. OSI Systems currently has a consensus rating of “Buy” and a consensus price target of $99.80.

OSI Systems (OSIS) opened at $68.42 on Monday. The firm has a market capitalization of $1,297.79, a P/E ratio of 20.49, a price-to-earnings-growth ratio of 1.46 and a beta of 0.71. OSI Systems has a 1 year low of $53.80 and a 1 year high of $96.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.52.

Several hedge funds have recently bought and sold shares of the stock. Nationwide Fund Advisors increased its holdings in shares of OSI Systems by 0.6% during the 2nd quarter. Nationwide Fund Advisors now owns 12,294 shares of the technology company’s stock worth $924,000 after acquiring an additional 74 shares during the last quarter. Advisor Group Inc. increased its holdings in shares of OSI Systems by 6.9% during the 2nd quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock worth $121,000 after acquiring an additional 104 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of OSI Systems by 0.6% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 18,351 shares of the technology company’s stock worth $1,379,000 after acquiring an additional 112 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of OSI Systems by 3.7% during the 2nd quarter. Stifel Financial Corp now owns 3,767 shares of the technology company’s stock worth $283,000 after acquiring an additional 136 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its holdings in shares of OSI Systems by 3.6% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,290 shares of the technology company’s stock worth $322,000 after acquiring an additional 150 shares during the last quarter.

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

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