Brokerages Set OSI Systems, Inc. (NASDAQ:OSIS) Price Target at $294.00

OSI Systems, Inc. (NASDAQ:OSIS) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $294.00.

Several brokerages recently issued reports on OSIS. Roth Mkm reissued a “buy” rating and set a $310.00 price objective on shares of OSI Systems in a research note on Tuesday, May 5th. Weiss Ratings downgraded shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Finally, Citigroup reduced their price objective on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research note on Monday, May 18th.

OSI Systems Stock Performance

Shares of OSIS opened at $219.26 on Thursday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.42 and a current ratio of 3.25. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 1.83 and a beta of 1.21. The company’s 50 day simple moving average is $242.12 and its 200 day simple moving average is $262.66. OSI Systems has a 1 year low of $197.27 and a 1 year high of $311.72.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.07. The business had revenue of $453.25 million for the quarter, compared to the consensus estimate of $449.23 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.44 earnings per share. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, sell-side analysts predict that OSI Systems will post 10.4 EPS for the current year.

Insiders Place Their Bets

In other OSI Systems news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the transaction, the director owned 253,044 shares of the company’s stock, valued at $71,317,920.96. This trade represents a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On OSI Systems

A number of large investors have recently bought and sold shares of the stock. Glenmede Trust Co. NA raised its stake in OSI Systems by 8.1% during the first quarter. Glenmede Trust Co. NA now owns 3,350 shares of the technology company’s stock worth $889,000 after purchasing an additional 252 shares during the period. Segall Bryant & Hamill LLC purchased a new position in OSI Systems during the first quarter worth approximately $12,720,000. Argent Capital Management LLC purchased a new position in OSI Systems during the first quarter worth approximately $5,278,000. BankChampaign National Association purchased a new position in OSI Systems during the first quarter worth approximately $245,000. Finally, Janus Henderson Group PLC raised its stake in OSI Systems by 2.6% during the first quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company’s stock worth $205,056,000 after purchasing an additional 19,747 shares during the period. Hedge funds and other institutional investors own 89.21% of the company’s stock.

OSI Systems Company Profile

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.