Bank of America Has Lowered Expectations for OSI Systems (NASDAQ:OSIS) Stock Price

OSI Systems (NASDAQ:OSIS) had its price objective dropped by equities research analysts at Bank of America from $315.00 to $300.00 in a report released on Monday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Bank of America‘s price target suggests a potential upside of 42.69% from the company’s previous close.

Several other equities research analysts have also commented on the company. Citigroup lowered their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Roth Capital reaffirmed a “buy” rating and set a $310.00 target price on shares of OSI Systems in a report on Tuesday, May 5th. Finally, Weiss Ratings cut shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, OSI Systems has a consensus rating of “Moderate Buy” and a consensus price target of $291.86.

OSI Systems Price Performance

NASDAQ:OSIS opened at $210.25 on Monday. OSI Systems has a one year low of $197.27 and a one year high of $311.72. 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 firm has a market cap of $3.46 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 1.58 and a beta of 1.20. The firm’s fifty day moving average is $216.20 and its two-hundred day moving average is $255.34.

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

Insider Transactions at OSI Systems

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

Institutional Investors Weigh In On OSI Systems

A number of institutional investors have recently added to or reduced their stakes in OSIS. Royal Bank of Canada raised its position in OSI Systems by 519.8% during the first quarter. Royal Bank of Canada now owns 10,257 shares of the technology company’s stock worth $1,993,000 after acquiring an additional 8,602 shares during the period. AQR Capital Management LLC grew its position in shares of OSI Systems by 64.2% in the first quarter. AQR Capital Management LLC now owns 11,656 shares of the technology company’s stock valued at $2,265,000 after purchasing an additional 4,558 shares during the period. Strs Ohio purchased a new stake in shares of OSI Systems during the first quarter worth about $97,000. Amundi increased its stake in shares of OSI Systems by 76,360.0% during the second quarter. Amundi now owns 3,823 shares of the technology company’s stock worth $874,000 after purchasing an additional 3,818 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of OSI Systems during the second quarter worth about $801,000. Institutional investors and hedge funds 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.