Brokerages Set OSI Systems, Inc. (NASDAQ:OSIS) PT at $281.71

OSI Systems, Inc. (NASDAQ:OSIS) has been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $281.7143.

OSIS has been the topic of a number of research reports. B. Riley Financial reissued a “buy” rating and issued a $265.00 target price (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Bank of America dropped their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Roth Capital reiterated a “buy” rating and set a $274.00 price objective on shares of OSI Systems in a research report on Friday, August 21st. Weiss Ratings lowered OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Finally, Citigroup dropped their target price on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th.

OSI Systems Price Performance

OSI Systems stock opened at $204.15 on Tuesday. The company has a fifty day simple moving average of $217.75 and a 200-day simple moving average of $242.42. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 1.53 and a beta of 1.20. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20. OSI Systems has a 52-week low of $186.50 and a 52-week high of $311.72.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, August 20th. The technology company reported $3.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $0.01. The firm had revenue of $484.06 million for the quarter, compared to the consensus estimate of $529.72 million. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the firm posted $2.84 earnings per share. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. On average, equities analysts anticipate that OSI Systems will post 11.4 EPS for the current fiscal year.

Institutional Investors Weigh In On OSI Systems

A number of hedge funds have recently modified their holdings of OSIS. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in OSI Systems during the second quarter worth about $472,000. California State Teachers Retirement System boosted its holdings in OSI Systems by 21,153.8% in the 2nd quarter. California State Teachers Retirement System now owns 3,968,093 shares of the technology company’s stock valued at $867,822,000 after purchasing an additional 3,949,423 shares during the last quarter. Nykredit A S purchased a new stake in shares of OSI Systems in the 2nd quarter valued at approximately $146,000. Susquehanna Fundamental Investments LLC grew its stake in shares of OSI Systems by 707.9% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 19,422 shares of the technology company’s stock valued at $4,248,000 after buying an additional 17,018 shares during the period. Finally, Two Sigma Securities LLC increased its holdings in shares of OSI Systems by 145.2% during the 2nd quarter. Two Sigma Securities LLC now owns 3,099 shares of the technology company’s stock worth $678,000 after buying an additional 1,835 shares during the last quarter. Hedge funds and other 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.