Brokerages Set OSI Systems, Inc. (NASDAQ:OSIS) Target Price at $256.43

OSI Systems, Inc. (NASDAQ:OSISGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $263.5714.

A number of equities research analysts recently issued reports on the stock. Bank of America upped their price objective on shares of OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. B. Riley upped their target price on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Roth Capital reissued a “buy” rating and issued a $280.00 target price on shares of OSI Systems in a research report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. boosted their price objective on OSI Systems from $242.00 to $255.00 and gave the company a “neutral” rating in a report on Monday, November 3rd.

Read Our Latest Stock Analysis on OSIS

Insider Activity

In other news, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $245.80, for a total transaction of $4,916,000.00. Following the completion of the transaction, the chairman directly owned 312,969 shares of the company’s stock, valued at approximately $76,927,780.20. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James B. Hawkins sold 1,500 shares of OSI Systems stock in a transaction on Friday, November 7th. The stock was sold at an average price of $283.15, for a total transaction of $424,725.00. Following the sale, the director directly owned 5,036 shares of the company’s stock, valued at approximately $1,425,943.40. This trade represents a 22.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 23,171 shares of company stock worth $5,736,351. Corporate insiders own 4.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in OSIS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in OSI Systems by 161.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 877,393 shares of the technology company’s stock worth $170,513,000 after purchasing an additional 541,882 shares during the last quarter. Mawer Investment Management Ltd. raised its holdings in OSI Systems by 67.0% during the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock worth $213,445,000 after purchasing an additional 343,727 shares in the last quarter. T. Rowe Price Investment Management Inc. purchased a new stake in shares of OSI Systems during the 1st quarter worth approximately $39,686,000. Livforsakringsbolaget Skandia Omsesidigt grew its position in shares of OSI Systems by 1,202.6% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 125,050 shares of the technology company’s stock valued at $27,328,000 after buying an additional 115,450 shares during the last quarter. Finally, Swedbank AB raised its stake in OSI Systems by 160.0% during the 1st quarter. Swedbank AB now owns 130,000 shares of the technology company’s stock worth $25,264,000 after acquiring an additional 80,000 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company’s stock.

OSI Systems Stock Performance

OSIS opened at $284.86 on Wednesday. OSI Systems has a twelve month low of $148.38 and a twelve month high of $288.64. The firm has a market capitalization of $4.84 billion, a PE ratio of 32.74, 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. The firm’s 50-day moving average price is $246.86 and its 200 day moving average price is $230.94.

OSI Systems (NASDAQ:OSISGet Free Report) last released its earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. The business had revenue of $384.62 million for the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period last year, the company posted $1.25 EPS. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, sell-side analysts expect that OSI Systems will post 9.22 EPS for the current fiscal year.

OSI Systems Company Profile

(Get Free Report)

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.

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Analyst Recommendations for OSI Systems (NASDAQ:OSIS)

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