OSI Systems, Inc. (NASDAQ:OSIS) Given Consensus Recommendation of “Moderate Buy” by Analysts

OSI Systems, Inc. (NASDAQ:OSIS) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $212.00.

OSIS has been the topic of several recent research reports. JPMorgan Chase & Co. began coverage on OSI Systems in a report on Friday, February 21st. They set a “neutral” rating and a $225.00 target price on the stock. B. Riley lifted their price objective on OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Oppenheimer upped their target price on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, January 24th. StockNews.com lowered shares of OSI Systems from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Wells Fargo & Company upped their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th.

Insiders Place Their Bets

In related news, insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the transaction, the insider now owns 10,077 shares in the company, valued at $2,008,950.72. The trade was a 1.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Manoocher M. Aliabadi sold 1,728 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $180.39, for a total transaction of $311,713.92. Following the completion of the sale, the insider now owns 80,603 shares of the company’s stock, valued at $14,539,975.17. The trade was a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,447 shares of company stock worth $5,519,962. Corporate insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in OSIS. Toronto Dominion Bank bought a new stake in shares of OSI Systems during the fourth quarter valued at approximately $308,000. CSS LLC IL grew its position in OSI Systems by 322.2% in the 4th quarter. CSS LLC IL now owns 7,600 shares of the technology company’s stock valued at $1,272,000 after purchasing an additional 5,800 shares during the period. Voloridge Investment Management LLC increased its stake in OSI Systems by 61.6% during the 4th quarter. Voloridge Investment Management LLC now owns 10,018 shares of the technology company’s stock valued at $1,677,000 after purchasing an additional 3,820 shares in the last quarter. Two Sigma Investments LP increased its stake in OSI Systems by 188.2% during the 4th quarter. Two Sigma Investments LP now owns 26,557 shares of the technology company’s stock valued at $4,446,000 after purchasing an additional 17,342 shares in the last quarter. Finally, State of Wyoming raised its holdings in OSI Systems by 1.9% during the fourth quarter. State of Wyoming now owns 2,698 shares of the technology company’s stock worth $452,000 after buying an additional 51 shares during the last quarter. 89.21% of the stock is owned by institutional investors and hedge funds.

OSI Systems Stock Up 1.2 %

Shares of NASDAQ OSIS opened at $202.31 on Thursday. The company has a 50 day simple moving average of $185.45 and a 200 day simple moving average of $163.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. OSI Systems has a 1 year low of $126.57 and a 1 year high of $220.00. The firm has a market cap of $3.40 billion, a PE ratio of 26.04, a price-to-earnings-growth ratio of 1.81 and a beta of 1.19.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. On average, research analysts forecast that OSI Systems will post 9.22 EPS for the current year.

About OSI Systems

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.