Brokerages Set OSI Systems, Inc. (NASDAQ:OSIS) Target Price at $247.50

OSI Systems, Inc. (NASDAQ:OSIS) has received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $247.50.

A number of equities analysts recently commented on OSIS shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Bank of America lifted their price objective on OSI Systems from $250.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. B. Riley lifted their price objective on OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Finally, Oppenheimer lifted their price objective on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd.

Insider Activity at OSI Systems

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $236.76, for a total value of $395,625.96. Following the transaction, the insider directly owned 8,749 shares of the company’s stock, valued at approximately $2,071,413.24. The trade was a 16.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total value of $4,916,000.00. Following the completion of the transaction, the chairman directly owned 312,969 shares in the company, valued at approximately $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On OSI Systems

Institutional investors have recently added to or reduced their stakes in the business. National Bank of Canada FI lifted its stake in OSI Systems by 118.2% in the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after buying an additional 78 shares during the period. Bessemer Group Inc. lifted its stake in OSI Systems by 78.7% in the second quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock valued at $30,000 after buying an additional 59 shares during the period. Nisa Investment Advisors LLC lifted its stake in OSI Systems by 139.5% in the first quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock valued at $38,000 after buying an additional 113 shares during the period. Virtus Advisers LLC acquired a new position in OSI Systems in the first quarter valued at approximately $43,000. Finally, USA Financial Formulas acquired a new position in OSI Systems in the second quarter valued at approximately $55,000. 89.21% of the stock is owned by institutional investors and hedge funds.

OSI Systems Price Performance

OSI Systems stock opened at $247.13 on Friday. The stock’s 50 day moving average is $234.77 and its 200 day moving average is $221.69. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The firm has a market cap of $4.16 billion, a P/E ratio of 28.41, a P/E/G ratio of 2.07 and a beta of 1.32. OSI Systems has a one year low of $129.84 and a one year high of $257.33.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.05. The company had revenue of $504.99 million for the quarter, compared to analyst estimates of $497.22 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.84 earnings per share. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. As a group, research analysts expect that OSI Systems will post 9.22 EPS for the current year.

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.