OSI Systems (NASDAQ:OSIS) Reaches New 12-Month High – Still a Buy?

OSI Systems, Inc. (NASDAQ:OSIS) shares hit a new 52-week high during trading on Thursday . The company traded as high as $292.35 and last traded at $291.3450, with a volume of 55683 shares. The stock had previously closed at $286.65.

Wall Street Analyst Weigh In

OSIS has been the topic of several analyst reports. UBS Group set a $292.00 target price on OSI Systems in a research report on Monday, December 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Roth Capital increased their target price on shares of OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a report on Monday, December 1st. Bank of America boosted their price target on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. increased their price objective on shares of OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, OSI Systems currently has an average rating of “Moderate Buy” and a consensus target price of $268.63.

OSI Systems Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.29 and a current ratio of 1.87. The company has a market cap of $4.88 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 2.28 and a beta of 1.35. The company’s 50 day moving average price is $267.85 and its 200-day moving average price is $246.50.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.05. The business had revenue of $384.62 million during the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.OSI Systems’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. Equities research analysts anticipate that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Chairman Deepak Chopra sold 20,000 shares of the stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the sale, the chairman owned 292,969 shares of the company’s stock, valued at approximately $83,712,962.06. This represents a 6.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Paul Keith Morben sold 416 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $279.10, for a total value of $116,105.60. Following the completion of the transaction, the insider owned 8,540 shares of the company’s stock, valued at approximately $2,383,514. This represents a 4.64% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 21,916 shares of company stock valued at $6,255,631. Company insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On OSI Systems

A number of large investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in OSI Systems by 519.8% during the 1st quarter. Royal Bank of Canada now owns 10,257 shares of the technology company’s stock worth $1,993,000 after acquiring an additional 8,602 shares during the period. AQR Capital Management LLC increased its holdings in shares of OSI Systems by 64.2% in the first quarter. AQR Capital Management LLC now owns 11,656 shares of the technology company’s stock worth $2,265,000 after purchasing an additional 4,558 shares during the period. Intech Investment Management LLC raised its position in shares of OSI Systems by 15.4% in the first quarter. Intech Investment Management LLC now owns 9,233 shares of the technology company’s stock worth $1,794,000 after buying an additional 1,233 shares in the last quarter. Strs Ohio bought a new stake in OSI Systems during the first quarter valued at $97,000. Finally, Voya Investment Management LLC grew its position in OSI Systems by 24.1% during the first quarter. Voya Investment Management LLC now owns 5,910 shares of the technology company’s stock worth $1,149,000 after buying an additional 1,147 shares in the last quarter. 89.21% of the stock is currently owned by 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.