Equities analysts expect OSI Systems, Inc. (NASDAQ:OSIS) to post $265.69 million in sales for the current quarter, Zacks reports. Three analysts have issued estimates for OSI Systems’ earnings, with the lowest sales estimate coming in at $255.57 million and the highest estimate coming in at $276.50 million. OSI Systems posted sales of $242.55 million during the same quarter last year, which would indicate a positive year over year growth rate of 9.5%. The company is expected to announce its next quarterly earnings results on Thursday, January 25th.

According to Zacks, analysts expect that OSI Systems will report full-year sales of $265.69 million for the current year, with estimates ranging from $1.06 billion to $1.07 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $1.10 billion per share, with estimates ranging from $1.08 billion to $1.13 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow 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 analysts have weighed in on OSIS shares. Zacks Investment Research raised OSI Systems from a “hold” rating to a “buy” rating and set a $97.00 price target on the stock in a research report on Friday, September 22nd. Roth Capital reissued a “buy” rating and set a $97.00 target price on shares of OSI Systems in a report on Tuesday, August 29th. Finally, B. Riley reissued a “buy” rating and set a $108.00 target price on shares of OSI Systems in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $99.80.

OSI Systems (OSIS) traded up $0.67 during trading hours on Wednesday, hitting $67.10. The company’s stock had a trading volume of 314,500 shares, compared to its average volume of 229,397. The firm has a market cap of $1,260.07, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 1.42 and a beta of 0.71. OSI Systems has a 52-week low of $53.80 and a 52-week high of $96.64. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 0.93.

Several hedge funds have recently bought and sold shares of OSIS. Riverhead Capital Management LLC boosted its stake in OSI Systems by 95.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,566 shares of the technology company’s stock valued at $118,000 after purchasing an additional 766 shares during the period. Advisor Group Inc. boosted its stake in OSI Systems by 6.9% in the 2nd quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock valued at $121,000 after purchasing an additional 104 shares during the period. Cubist Systematic Strategies LLC bought a new stake in OSI Systems in the 3rd quarter valued at $165,000. Victory Capital Management Inc. boosted its stake in OSI Systems by 17.7% in the 2nd quarter. Victory Capital Management Inc. now owns 2,199 shares of the technology company’s stock valued at $165,000 after purchasing an additional 331 shares during the period. Finally, Nine Chapters Capital Management LLC bought a new stake in OSI Systems in the 3rd quarter valued at $201,000.

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OSI Systems Company Profile

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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