OSI Systems (NASDAQ:OSIS) Hits New 1-Year High – What’s Next?

OSI Systems, Inc. (NASDAQ:OSIS)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $290.83 and last traded at $290.1050, with a volume of 42693 shares changing hands. The stock had previously closed at $286.96.

Analysts Set New Price Targets

A number of analysts have recently commented on OSIS shares. Roth Capital reissued a “buy” rating and issued a $280.00 price objective on shares of OSI Systems in a research report on Wednesday, October 29th. JPMorgan Chase & Co. increased their price objective on shares of OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Bank of America increased their price target on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Oppenheimer boosted their price target on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, OSI Systems currently has an average rating of “Moderate Buy” and a consensus price target of $263.57.

OSI Systems Stock Up 0.1%

The stock has a fifty day simple moving average of $249.05 and a two-hundred day simple moving average of $232.68. The firm has a market cap of $4.88 billion, a PE ratio of 33.01, a price-to-earnings-growth ratio of 2.13 and a beta of 1.33. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.05. The company had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, sell-side analysts expect that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Insider Buying and Selling

In other OSI Systems news, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total value of $4,916,000.00. Following the completion of the transaction, the chairman owned 312,969 shares of the company’s stock, valued at approximately $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Paul Keith Morben sold 416 shares of the stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $279.10, for a total transaction of $116,105.60. Following the completion of the transaction, the insider owned 8,540 shares in the company, valued at approximately $2,383,514. This trade represents a 4.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 23,587 shares of company stock valued at $5,852,457 over the last three months. 4.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On OSI Systems

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Richardson Financial Services Inc. boosted its holdings in OSI Systems by 58.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock worth $36,000 after acquiring an additional 53 shares during the period. Nisa Investment Advisors LLC lifted its stake in OSI Systems by 28.6% during the third quarter. Nisa Investment Advisors LLC now owns 256 shares of the technology company’s stock valued at $64,000 after buying an additional 57 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of OSI Systems by 78.7% during the second quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after acquiring an additional 59 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of OSI Systems by 1.0% during the 2nd quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock worth $1,526,000 after purchasing an additional 65 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in OSI Systems by 1.5% during the third quarter. Arizona State Retirement System now owns 4,711 shares of the technology company’s stock worth $1,174,000 after purchasing an additional 71 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

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.