OSI Systems, Inc. (OSIS) Given Consensus Rating of “Hold” by Brokerages

OSI Systems, Inc. (NASDAQ:OSIS) has earned an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $95.75.

Several equities analysts have issued reports on OSIS shares. Zacks Investment Research cut shares of OSI Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. BidaskClub raised shares of OSI Systems from a “strong sell” rating to a “sell” rating in a research note on Friday, December 22nd. B. Riley reaffirmed a “buy” rating and issued a $108.00 price objective on shares of OSI Systems in a research note on Tuesday, October 24th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $79.00 price objective on shares of OSI Systems in a research note on Monday, January 8th.

Several large investors have recently bought and sold shares of OSIS. Janus Henderson Group PLC bought a new stake in shares of OSI Systems in the 2nd quarter valued at $108,791,000. Emerald Advisers Inc. PA boosted its stake 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 valued at $15,501,000 after purchasing an additional 166,892 shares during the last quarter. Emerald Mutual Fund Advisers Trust bought a new stake in shares of OSI Systems in the 3rd quarter valued at $11,235,000. OxFORD Asset Management LLP bought a new stake in shares of OSI Systems in the 2nd quarter valued at $3,465,000. Finally, Gotham Asset Management LLC boosted its stake 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 valued at $3,921,000 after purchasing an additional 44,817 shares during the last quarter.

OSI Systems (NASDAQ:OSIS) opened at $68.89 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 0.93. OSI Systems has a 12-month low of $53.80 and a 12-month high of $96.64. The stock has a market cap of $1,300.00, a P/E ratio of 43.88, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73.

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

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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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