OSI Systems, Inc. (NASDAQ:OSIS) – Equities researchers at Jefferies Group reduced their FY2018 earnings estimates for OSI Systems in a research report issued on Monday. Jefferies Group analyst S. Kahyaoglu now expects that the technology company will post earnings per share of $3.40 for the year, down from their prior estimate of $3.45. Jefferies Group currently has a “Buy” rating and a $79.00 price objective on the stock.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, October 26th. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.08. The company had revenue of $257.13 million for the quarter, compared to analysts’ expectations of $248.52 million. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. OSI Systems’s revenue was up 16.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.44 EPS.

Several other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of OSI Systems from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub raised shares of OSI Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday. Finally, B. Riley reaffirmed a “buy” rating and set a $108.00 price target on shares of OSI Systems in a research note on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $91.40.

Shares of OSI Systems (NASDAQ OSIS) traded down $1.43 on Wednesday, reaching $64.78. 296,400 shares of the company’s stock traded hands, compared to its average volume of 234,783. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1,260.00, a PE ratio of 41.26, a P/E/G ratio of 1.42 and a beta of 0.73. OSI Systems has a 12 month low of $53.80 and a 12 month high of $96.64.

Large investors have recently bought and sold shares of the company. Riverhead Capital Management LLC grew its stake in shares of OSI Systems by 95.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,566 shares of the technology company’s stock worth $118,000 after purchasing an additional 766 shares during the period. Advisor Group Inc. boosted its position in OSI Systems by 6.9% during the 2nd quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock worth $121,000 after acquiring an additional 104 shares during the period. Victory Capital Management Inc. boosted its position in OSI Systems by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 2,199 shares of the technology company’s stock worth $165,000 after acquiring an additional 331 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in OSI Systems during the 3rd quarter worth about $165,000. Finally, Nine Chapters Capital Management LLC acquired a new stake in OSI Systems during the 3rd quarter worth about $201,000.

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OSI Systems Company Profile

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

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