OSI Systems (NASDAQ:OSIS) Sets New 52-Week Low – Should You Sell?

OSI Systems, Inc. (NASDAQ:OSIS) reached a new 52-week low during trading on Friday . The company traded as low as $203.36 and last traded at $202.4390, with a volume of 75581 shares trading hands. The stock had previously closed at $212.61.

Wall Street Analysts Forecast Growth

OSIS has been the topic of a number of recent research reports. Citigroup reduced their price target on shares of 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 Mkm restated a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a research report on Tuesday, May 5th. Finally, Weiss Ratings downgraded shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.00.

OSI Systems Stock Performance

The stock’s 50-day moving average price is $253.82 and its 200-day moving average price is $265.64. The company has a current ratio of 3.25, a quick ratio of 2.42 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $3.26 billion, a P/E ratio of 22.57, a P/E/G ratio of 1.62 and a beta of 1.21.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.07. The company 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 revenue for the quarter was up 2.0% on a year-over-year basis. During the same period last year, the firm posted $2.44 EPS. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. As a group, equities analysts expect that OSI Systems, Inc. will post 10.4 EPS for the current year.

Insider Activity at OSI Systems

In other news, Director Deepak Chopra sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 253,044 shares in the company, valued at approximately $71,317,920.96. This represents a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On OSI Systems

Institutional investors have recently modified their holdings of the company. Danske Bank A S bought a new position in shares of OSI Systems during the third quarter worth about $25,000. Group One Trading LLC bought a new position in shares of OSI Systems during the first quarter worth about $27,000. Private Trust Co. NA grew its position in shares of OSI Systems by 179.5% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the technology company’s stock worth $31,000 after acquiring an additional 79 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new position in OSI Systems in the 4th quarter valued at about $32,000. Finally, Caitong International Asset Management Co. Ltd grew its position in OSI Systems by 119.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company’s stock valued at $43,000 after buying an additional 92 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

About OSI Systems

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.