OSI Systems (OSIS) Projected to Post Earnings on Thursday

OSI Systems (NASDAQ:OSIS) is projected to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect OSI Systems to post earnings of $2.34 per share and revenue of $404,390.00 billion for the quarter. OSI Systems has set its FY25 guidance at $9.00-9.30 EPS and its FY 2025 guidance at 9.000-9.300 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.19. The company had revenue of $344.01 million for the quarter, compared to analyst estimates of $318.66 million. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The company’s revenue was up 23.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 earnings per share. On average, analysts expect OSI Systems to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

OSI Systems Price Performance

Shares of OSIS opened at $172.73 on Wednesday. The firm has a market capitalization of $2.89 billion, a PE ratio of 22.55, a PEG ratio of 1.42 and a beta of 1.19. The company’s 50-day moving average is $169.45 and its 200-day moving average is $152.88. OSI Systems has a fifty-two week low of $126.57 and a fifty-two week high of $189.13. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.84 and a quick ratio of 1.20.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on OSIS shares. Wells Fargo & Company raised their price target on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Bank of America started coverage on shares of OSI Systems in a research report on Monday, September 30th. They set a “buy” rating and a $175.00 price target on the stock. Finally, StockNews.com raised shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, OSI Systems currently has an average rating of “Moderate Buy” and an average price target of $179.00.

Insider Activity at OSI Systems

In other OSI Systems news, CEO Deepak Chopra sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $153.42, for a total transaction of $2,301,300.00. Following the completion of the transaction, the chief executive officer now owns 424,323 shares in the company, valued at approximately $65,099,634.66. This trade represents a 3.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Manoocher M. Aliabadi sold 2,509 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $180.02, for a total transaction of $451,670.18. Following the transaction, the insider now owns 78,094 shares of the company’s stock, valued at approximately $14,058,481.88. The trade was a 3.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 43,591 shares of company stock worth $7,557,745 in the last quarter. 5.20% of the stock is owned by insiders.

OSI Systems Company Profile

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.