Susquehanna Fundamental Investments LLC boosted its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 707.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 19,422 shares of the technology company’s stock after purchasing an additional 17,018 shares during the period. Susquehanna Fundamental Investments LLC owned approximately 0.12% of OSI Systems worth $4,248,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of OSIS. Jupiter Topco LLC purchased a new position in shares of OSI Systems during the 2nd quarter valued at approximately $198,127,000. William Blair Investment Management LLC purchased a new stake in OSI Systems during the second quarter worth $82,964,000. Primecap Management Co. CA purchased a new stake in OSI Systems during the second quarter worth $56,464,000. Neumeier Poma Investment Counsel LLC acquired a new stake in OSI Systems during the second quarter valued at $48,664,031. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in OSI Systems during the third quarter valued at $40,222,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on OSIS shares. Oppenheimer decreased their price objective on shares of OSI Systems from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. B. Riley Financial restated a “buy” rating and set a $265.00 target price (down from $320.00) 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. Bank of America reduced their price target on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a report on Monday, July 20th. Finally, Citigroup lowered their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $281.71.
OSI Systems Trading Up 0.6%
Shares of OSIS stock opened at $207.91 on Tuesday. OSI Systems, Inc. has a fifty-two week low of $186.50 and a fifty-two week high of $311.72. The firm has a market capitalization of $3.31 billion, a P/E ratio of 23.10, a PEG ratio of 1.56 and a beta of 1.21. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.34 and a current ratio of 3.15. The stock’s fifty day moving average is $218.74 and its two-hundred day moving average is $244.56.
OSI Systems (NASDAQ:OSIS – Get Free Report) last posted its earnings results on Thursday, August 20th. The technology company reported $3.78 earnings per share for the quarter, beating the consensus estimate of $3.77 by $0.01. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The company had revenue of $484.06 million for the quarter, compared to analyst estimates of $529.72 million. During the same period in the previous year, the business posted $2.84 EPS. OSI Systems’s revenue was up .1% on a year-over-year basis. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. Research analysts expect that OSI Systems, Inc. will post 11.32 earnings per share for the current fiscal year.
OSI Systems 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.
See Also
- Five stocks we like better than OSI Systems
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Want to see what other hedge funds are holding OSIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OSI Systems, Inc. (NASDAQ:OSIS – Free Report).
Receive News & Ratings for OSI Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OSI Systems and related companies with MarketBeat.com's FREE daily email newsletter.
