OSI Systems, Inc. to Post Q2 2018 Earnings of $0.87 Per Share, B. Riley Forecasts (OSIS)

OSI Systems, Inc. (NASDAQ:OSIS) – Equities researchers at B. Riley issued their Q2 2018 EPS estimates for OSI Systems in a research report issued to clients and investors on Thursday. B. Riley analyst J. Nichols expects that the technology company will earn $0.87 per share for the quarter. B. Riley has a “Buy” rating and a $108.00 price target on the stock. B. Riley also issued estimates for OSI Systems’ Q3 2018 earnings at $0.92 EPS, Q4 2018 earnings at $0.93 EPS, FY2018 earnings at $3.51 EPS and FY2019 earnings at $3.86 EPS.

Several other research firms also recently commented on OSIS. Zacks Investment Research downgraded shares of OSI Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. BidaskClub upgraded shares of OSI Systems from a “strong sell” rating to a “sell” rating in a research report on Friday, December 22nd. TheStreet downgraded shares of OSI Systems from a “b-” rating to a “c+” rating in a research report on Monday, January 22nd. Finally, Jefferies Group reiterated a “buy” rating and set a $79.00 target price on shares of OSI Systems in a research report on Monday, January 8th. Two investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. OSI Systems has a consensus rating of “Hold” and an average target price of $91.40.

Shares of OSI Systems (NASDAQ OSIS) opened at $67.34 on Monday. OSI Systems has a one year low of $53.80 and a one year high of $96.64. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1,278.09, a P/E ratio of 42.89, a PEG ratio of 1.45 and a beta of 0.73.

Large investors have recently added to or reduced their stakes in the company. Riverhead Capital Management LLC increased its stake in shares of 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 acquiring an additional 766 shares in the last quarter. Advisor Group Inc. increased its stake in shares of 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 acquiring an additional 104 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of OSI Systems in the 3rd quarter valued at $165,000. Nine Chapters Capital Management LLC bought a new stake in shares of OSI Systems in the 3rd quarter valued at $201,000. Finally, Magnetar Financial LLC bought a new stake in shares of OSI Systems in the 3rd quarter valued at $204,000.

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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.

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

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