BidaskClub upgraded shares of OSI Systems (NASDAQ:OSIS) from a strong sell rating to a sell rating in a research report report published on Thursday.

A number of other equities analysts have also recently issued reports on OSIS. B. Riley reissued a buy rating and issued a $108.00 target price on shares of OSI Systems in a report on Tuesday, October 24th. Zacks Investment Research lowered shares of OSI Systems from a buy rating to a hold rating in a research note on Thursday, October 26th. Jefferies Group restated a buy rating and issued a $79.00 price target on shares of OSI Systems in a research note on Monday, January 8th. TheStreet lowered shares of OSI Systems from a b- rating to a c+ rating in a research note on Monday, January 22nd. Finally, Roth Capital lowered their price objective on shares of OSI Systems from $106.00 to $78.00 and set a buy rating on the stock in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. OSI Systems has an average rating of Hold and an average target price of $85.80.

Shares of OSI Systems (NASDAQ:OSIS) traded up $0.31 during midday trading on Thursday, reaching $58.01. 275,158 shares of the company’s stock were exchanged, compared to its average volume of 516,825. The company has a quick ratio of 0.96, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. OSI Systems has a 1 year low of $50.50 and a 1 year high of $96.64. The company has a market capitalization of $1,139.65, a PE ratio of -52.17, a P/E/G ratio of 1.27 and a beta of 0.88.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Thursday, February 1st. The technology company reported $0.97 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.08. OSI Systems had a negative net margin of 2.06% and a positive return on equity of 12.78%. The firm had revenue of $277.53 million for the quarter, compared to analysts’ expectations of $263.77 million. During the same quarter last year, the company posted $0.68 earnings per share. OSI Systems’s revenue was up 14.4% on a year-over-year basis. research analysts anticipate that OSI Systems will post 3.5 earnings per share for the current year.

In related news, Director Meyer/ Luskin acquired 20,000 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were acquired at an average price of $56.79 per share, for a total transaction of $1,135,800.00. Following the completion of the purchase, the director now directly owns 10,376 shares of the company’s stock, valued at $589,253.04. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.60% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the stock. Nationwide Fund Advisors boosted its holdings in OSI Systems by 0.6% during the second quarter. Nationwide Fund Advisors now owns 12,294 shares of the technology company’s stock worth $924,000 after buying an additional 74 shares in the last quarter. Advisor Group Inc. boosted its holdings in OSI Systems by 6.9% during the second quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock worth $121,000 after buying an additional 104 shares in the last quarter. Stifel Financial Corp boosted its holdings in OSI Systems by 3.7% during the second quarter. Stifel Financial Corp now owns 3,767 shares of the technology company’s stock worth $283,000 after buying an additional 136 shares in the last quarter. Macquarie Group Ltd. boosted its holdings in OSI Systems by 0.3% during the second quarter. Macquarie Group Ltd. now owns 71,129 shares of the technology company’s stock worth $5,345,000 after buying an additional 192 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in OSI Systems by 1.6% during the third quarter. Rhumbline Advisers now owns 36,312 shares of the technology company’s stock worth $3,318,000 after buying an additional 560 shares in the last quarter.

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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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