OSI Systems (OSIS) Set to Announce Earnings on Thursday

OSI Systems (NASDAQ:OSIS) will release its earnings data before the market opens on Thursday, April 25th. Analysts expect OSI Systems to post earnings of $2.11 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, January 25th. The technology company reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.47. OSI Systems had a return on equity of 17.35% and a net margin of 8.31%. The business had revenue of $373.20 million during the quarter, compared to analysts’ expectations of $364.29 million. During the same period in the prior year, the business earned $1.19 EPS. OSI Systems’s revenue for the quarter was up 26.3% compared to the same quarter last year. On average, analysts expect OSI Systems to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

OSI Systems Price Performance

NASDAQ OSIS opened at $140.82 on Wednesday. The business has a 50 day simple moving average of $135.63 and a 200 day simple moving average of $127.17. OSI Systems has a 52-week low of $99.70 and a 52-week high of $144.11. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.80 and a current ratio of 1.43. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.58 and a beta of 0.98.

Analyst Ratings Changes

A number of research firms recently issued reports on OSIS. StockNews.com raised OSI Systems from a “hold” rating to a “buy” rating in a research note on Friday, April 19th. Roth Mkm raised their price target on shares of OSI Systems from $165.00 to $169.00 and gave the stock a “buy” rating in a research note on Friday, January 26th.

Insider Transactions at OSI Systems

In other news, General Counsel Victor S. Sze sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the transaction, the general counsel now directly owns 78,116 shares of the company’s stock, valued at approximately $10,250,381.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, General Counsel Victor S. Sze sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the transaction, the general counsel now directly owns 78,116 shares of the company’s stock, valued at approximately $10,250,381.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $129.11, for a total transaction of $2,582,200.00. Following the transaction, the chief executive officer now directly owns 468,615 shares of the company’s stock, valued at $60,502,882.65. The disclosure for this sale can be found here. Insiders sold 50,000 shares of company stock valued at $6,503,650 in the last ninety days. 5.60% of the stock is currently owned by corporate insiders.

About OSI Systems

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.