OSI Systems (NASDAQ:OSIS) Updates FY 2027 Earnings Guidance

OSI Systems (NASDAQ:OSIS) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 11.130-11.490 for the period, compared to the consensus estimate of 11.440. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

OSI Systems Stock Performance

OSI Systems stock traded down $2.83 during mid-day trading on Thursday, reaching $218.09. 336,816 shares of the company traded hands, compared to its average volume of 265,173. The firm’s fifty day moving average is $220.98 and its two-hundred day moving average is $247.53. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 1.63 and a beta of 1.21. OSI Systems has a fifty-two week low of $197.27 and a fifty-two week high of $311.72. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, topping the consensus estimate of $3.77 by $0.01. The business had revenue of $484.06 million during the quarter, compared to the consensus estimate of $529.72 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. On average, equities research analysts expect that OSI Systems will post 10.41 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On OSI Systems

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

OSI Systems Company Profile

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.