OSI Systems, Inc. (NASDAQ:OSIS) Stock Has Average Price Target of $276.71

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $276.71.

Several equities analysts recently commented on OSIS shares. Oppenheimer dropped their price objective on shares of OSI Systems from $300.00 to $265.00 and set an “outperform” rating for the company in a research note on Thursday, October 8th. Roth Capital restated a “buy” rating and issued a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. B. Riley Financial reaffirmed a “buy” rating and set a $265.00 target price (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Weiss Ratings downgraded shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Finally, Bank of America lowered their price target 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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Abel Hall LLC lifted its holdings in OSI Systems by 3.6% in the first quarter. Abel Hall LLC now owns 1,113 shares of the technology company’s stock valued at $296,000 after buying an additional 39 shares during the period. HB Wealth Management LLC lifted its stake in shares of OSI Systems by 7.0% in the 1st quarter. HB Wealth Management LLC now owns 1,045 shares of the technology company’s stock valued at $277,000 after purchasing an additional 68 shares during the period. Cim Investment Management Inc. lifted its stake in shares of OSI Systems by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 1,002 shares of the technology company’s stock valued at $219,000 after purchasing an additional 68 shares during the period. Cetera Investment Advisers boosted its position in shares of OSI Systems by 0.7% during the 1st quarter. Cetera Investment Advisers now owns 12,263 shares of the technology company’s stock valued at $3,256,000 after purchasing an additional 90 shares in the last quarter. Finally, Group One Trading LLC bought a new stake in shares of OSI Systems during the 1st quarter valued at about $27,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Price Performance

OSI Systems stock opened at $194.86 on Wednesday. The firm has a market cap of $3.11 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 1.46 and a beta of 1.21. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.15 and a quick ratio of 2.34. The stock’s fifty day moving average price is $203.69 and its two-hundred day moving average price is $224.43. OSI Systems has a one year low of $186.50 and a one year high of $311.72.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, August 20th. The technology company reported $3.78 EPS 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 during the quarter, compared to analysts’ expectations of $529.72 million. During the same period in the previous year, the company earned $2.84 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. As a group, research analysts expect that OSI Systems will post 11.35 EPS for the current fiscal year.

About OSI Systems

OSI Systems, Inc is a vertically integrated technology company that designs and manufactures specialized electronic systems and components for security, healthcare and aerospace and defense applications. Headquartered in Hawthorne, California, the company serves government agencies, transportation authorities, hospitals and commercial customers in the United States and international markets.

Through its security division, OSI Systems provides inspection and screening systems used at airports, borders, ports and other facilities.