OSI Systems, Inc. Expected to Post FY2020 Earnings of $3.90 Per Share (OSIS)

OSI Systems, Inc. (NASDAQ:OSIS) – Jefferies Group reduced their FY2020 EPS estimates for shares of OSI Systems in a research note issued on Friday. Jefferies Group analyst S. Kahyaoglu now expects that the technology company will earn $3.90 per share for the year, down from their prior estimate of $4.05. Jefferies Group has a “Hold” rating and a $70.00 price objective on the stock.

Several other research firms have also recently weighed in on OSIS. B. Riley reissued a “buy” rating and issued a $108.00 price objective on shares of OSI Systems in a research report on Tuesday, October 24th. Zacks Investment Research cut OSI Systems from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. BidaskClub cut OSI Systems from a “sell” rating to a “strong sell” rating in a research report on Saturday, January 20th. Finally, TheStreet cut OSI Systems from a “b-” rating to a “c+” rating in a research report on Monday, January 22nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. OSI Systems presently has an average rating of “Hold” and a consensus target price of $85.80.

Shares of OSI Systems (NASDAQ OSIS) opened at $54.60 on Monday. OSI Systems has a 12-month low of $50.50 and a 12-month high of $96.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.96. The firm has a market capitalization of $1,035.68, a P/E ratio of 15.04, a PEG ratio of 1.15 and a beta of 0.88.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, February 1st. The technology company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.08. OSI Systems had a positive return on equity of 12.78% and a negative net margin of 2.06%. The company had revenue of $277.53 million during the quarter, compared to analysts’ expectations of $263.77 million. During the same period in the prior year, the business earned $0.68 earnings per share. OSI Systems’s revenue for the quarter was up 14.4% compared to the same quarter last year.

A number of hedge funds have recently modified their holdings of OSIS. Janus Henderson Group PLC bought a new position in OSI Systems in the second quarter worth $108,791,000. SG Capital Management LLC bought a new position in OSI Systems in the fourth quarter worth $15,607,000. Emerald Advisers Inc. PA lifted its position in OSI Systems by 6,051.2% in the third 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 during the period. Emerald Mutual Fund Advisers Trust bought a new position in OSI Systems in the third quarter worth $11,235,000. Finally, American Century Companies Inc. lifted its position in OSI Systems by 33.4% in the fourth quarter. American Century Companies Inc. now owns 290,874 shares of the technology company’s stock worth $18,726,000 after purchasing an additional 72,847 shares during the period.

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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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