Equities analysts forecast that OSI Systems, Inc. (NASDAQ:OSIS) will post earnings of $0.59 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for OSI Systems’ earnings, with estimates ranging from $0.45 to $0.72. OSI Systems posted earnings of $0.79 per share in the same quarter last year, which indicates a negative year over year growth rate of 25.3%. The business is expected to report its next earnings report on Thursday, October 25th.

According to Zacks, analysts expect that OSI Systems will report full year earnings of $3.87 per share for the current financial year, with EPS estimates ranging from $3.85 to $3.90. For the next year, analysts expect that the business will post earnings of $4.13 per share, with EPS estimates ranging from $4.10 to $4.15. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover OSI Systems.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings results on Thursday, August 23rd. The technology company reported $1.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.08. The company had revenue of $287.33 million for the quarter, compared to the consensus estimate of $274.13 million. OSI Systems had a positive return on equity of 13.55% and a negative net margin of 2.67%. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.02 EPS.

Several brokerages recently commented on OSIS. ValuEngine raised OSI Systems from a “sell” rating to a “hold” rating in a research note on Monday, June 11th. B. Riley raised their price objective on OSI Systems from $81.00 to $92.50 and gave the stock a “buy” rating in a research note on Friday, August 24th. BidaskClub downgraded OSI Systems from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 11th. Sidoti downgraded OSI Systems from a “buy” rating to a “neutral” rating in a research note on Thursday, June 21st. Finally, Zacks Investment Research downgraded OSI Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. OSI Systems currently has a consensus rating of “Hold” and an average target price of $84.38.

In other OSI Systems news, VP Ajay Mehra sold 14,572 shares of OSI Systems stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $73.54, for a total value of $1,071,624.88. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Steven C. Good sold 4,500 shares of OSI Systems stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $76.86, for a total value of $345,870.00. Following the completion of the sale, the director now directly owns 22,339 shares in the company, valued at approximately $1,716,975.54. The disclosure for this sale can be found here. Insiders have sold a total of 44,072 shares of company stock worth $3,289,995 in the last ninety days. 7.60% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in OSIS. SG Americas Securities LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at about $215,000. Schwab Charles Investment Management Inc. raised its stake in shares of OSI Systems by 8.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 126,918 shares of the technology company’s stock valued at $8,284,000 after purchasing an additional 9,840 shares during the period. Aperio Group LLC raised its stake in shares of OSI Systems by 161.7% in the 1st quarter. Aperio Group LLC now owns 8,593 shares of the technology company’s stock valued at $561,000 after purchasing an additional 5,309 shares during the period. Oppenheimer Asset Management Inc. raised its stake in shares of OSI Systems by 18.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 21,264 shares of the technology company’s stock valued at $1,388,000 after purchasing an additional 3,369 shares during the period. Finally, Employees Retirement System of Texas acquired a new stake in shares of OSI Systems in the 1st quarter valued at about $653,000. 99.08% of the stock is currently owned by hedge funds and other institutional investors.

OSI Systems stock traded down $0.81 during mid-day trading on Friday, hitting $72.68. 116,975 shares of the company’s stock were exchanged, compared to its average volume of 209,053. The company has a market capitalization of $1.38 billion, a PE ratio of 20.37, a PEG ratio of 1.58 and a beta of 0.89. OSI Systems has a fifty-two week low of $50.50 and a fifty-two week high of $96.64. The company has a current ratio of 1.47, a quick ratio of 0.76 and a debt-to-equity ratio of 0.51.

OSI Systems Company Profile

OSI Systems, Inc designs, manufactures, and sells electronic systems and components worldwide. The company's Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names.

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Earnings History and Estimates for OSI Systems (NASDAQ:OSIS)

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