OSI Systems (OSIS) Set to Announce Earnings on Thursday

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

OSI Systems (NASDAQ:OSIS) last announced its earnings results on Thursday, January 25th. The technology company reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.47. OSI Systems had a net margin of 8.31% and a return on equity of 17.35%. 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 company earned $1.19 earnings per share. The firm’s revenue was up 26.3% on a year-over-year basis. 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 Stock Up 2.9 %

Shares of OSIS stock opened at $139.44 on Tuesday. OSI Systems has a 12 month low of $99.70 and a 12 month high of $144.11. The stock has a market cap of $2.38 billion, a P/E ratio of 21.16, a P/E/G ratio of 1.53 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 0.80 and a debt-to-equity ratio of 0.17. The company has a 50 day simple moving average of $135.45 and a two-hundred day simple moving average of $127.01.

Insider Transactions at OSI Systems

In other news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $131.22, for a total value of $1,968,300.00. Following the completion of the sale, the general counsel now directly owns 78,116 shares of the company’s stock, valued at $10,250,381.52. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, General Counsel Victor S. Sze sold 15,000 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $131.22, for a total value of $1,968,300.00. Following the completion of the sale, the general counsel now directly owns 78,116 shares of the company’s stock, valued at $10,250,381.52. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Deepak Chopra sold 20,000 shares of the stock in a transaction 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 completion of the sale, 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 a total of 50,000 shares of company stock valued at $6,503,650 over the last three months. Corporate insiders own 5.60% of the company’s stock.

Wall Street Analyst Weigh In

OSIS has been the subject of a number of research reports. Roth Mkm upped their target price on shares of OSI Systems from $165.00 to $169.00 and gave the company a “buy” rating in a report on Friday, January 26th. StockNews.com raised shares of OSI Systems from a “hold” rating to a “buy” rating in a report on Friday.

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.