OSI Systems (NASDAQ:OSIS) Posts Earnings Results, Beats Expectations By $0.01 EPS

OSI Systems (NASDAQ:OSIS) issued its earnings results on Thursday. The technology company reported $3.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $0.01, FiscalAI reports. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The business had revenue of $484.06 million during the quarter, compared to the consensus estimate of $529.72 million. OSI Systems updated its FY 2027 guidance to 11.130-11.490 EPS.

OSI Systems Price Performance

Shares of NASDAQ OSIS traded down $2.83 during trading on Thursday, hitting $218.09. 308,215 shares of the company were exchanged, compared to its average volume of 265,173. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42. The firm’s fifty day moving average price is $220.98 and its 200 day moving average price is $247.53. OSI Systems has a 1 year low of $197.27 and a 1 year high of $311.72. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 1.63 and a beta of 1.21.

Institutional Investors Weigh In On OSI Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. Danske Bank A S purchased a new stake in shares of OSI Systems in the third quarter valued at about $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of OSI Systems during the 4th quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd raised its position in shares of OSI Systems by 119.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company’s stock worth $43,000 after purchasing an additional 92 shares during the last quarter. Strs Ohio purchased a new stake in OSI Systems in the 1st quarter valued at approximately $97,000. Finally, CIBC Private Wealth Group LLC grew its holdings in OSI Systems by 6.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 815 shares of the technology company’s stock valued at $208,000 after buying an additional 49 shares during the last quarter. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on OSIS shares. Bank of America dropped their target price on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a report on Monday, July 20th. Citigroup decreased their target price on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Roth Capital reiterated a “buy” rating and set a $310.00 price target on shares of OSI Systems in a research note on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $291.86.

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.