OSI Systems (NASDAQ:OSIS) Shares Gap Down – What’s Next?

OSI Systems, Inc. (NASDAQ:OSIS)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $273.55, but opened at $257.56. OSI Systems shares last traded at $260.7640, with a volume of 96,924 shares changing hands.

Analyst Ratings Changes

Several research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Roth Capital reissued a “buy” rating and issued a $280.00 price objective on shares of OSI Systems in a report on Wednesday, October 29th. Bank of America boosted their target price 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. B. Riley upped their price target on shares of OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $263.57.

OSI Systems Trading Down 3.2%

The business has a 50 day moving average of $251.61 and a two-hundred day moving average of $234.23. The firm has a market cap of $4.49 billion, a P/E ratio of 30.31, a PEG ratio of 2.13 and a beta of 1.33. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The firm had revenue of $384.62 million during the quarter, compared to analysts’ expectations of $372.03 million. During the same period in the previous year, the business posted $1.25 earnings per share. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. Analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Buying and Selling

In other news, Director James B. Hawkins sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $283.15, for a total value of $424,725.00. Following the transaction, the director owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. This represents a 22.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Keith Morben sold 416 shares of OSI Systems stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $279.10, for a total value of $116,105.60. Following the sale, the insider directly owned 8,540 shares of the company’s stock, valued at approximately $2,383,514. The trade was a 4.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 43,587 shares of company stock valued at $11,567,257. Company insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On OSI Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Richardson Financial Services Inc. grew its position in OSI Systems by 58.2% during the third quarter. Richardson Financial Services Inc. now owns 144 shares of the technology company’s stock worth $36,000 after buying an additional 53 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of OSI Systems by 28.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 256 shares of the technology company’s stock worth $64,000 after purchasing an additional 57 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of OSI Systems by 78.7% during the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock worth $30,000 after purchasing an additional 59 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of OSI Systems by 1.0% in the second quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock worth $1,526,000 after purchasing an additional 65 shares during the period. Finally, Arizona State Retirement System raised its stake in OSI Systems by 1.5% in the third quarter. Arizona State Retirement System now owns 4,711 shares of the technology company’s stock valued at $1,174,000 after purchasing an additional 71 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

OSI Systems Company Profile

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.