OSI Systems, Inc. (NASDAQ:OSIS) Receives Average Rating of “Moderate Buy” from Brokerages

OSI Systems, Inc. (NASDAQ:OSIS) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $212.00.

Several analysts have recently weighed in on the company. StockNews.com downgraded OSI Systems from a “hold” rating to a “sell” rating in a research note on Thursday. B. Riley increased their target price on OSI Systems from $180.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Wells Fargo & Company raised their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Oppenheimer upped their target price on shares of OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Roth Mkm boosted their price objective on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a report on Friday, January 24th.

OSI Systems Stock Performance

OSI Systems stock opened at $193.32 on Monday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. OSI Systems has a one year low of $126.57 and a one year high of $220.00. The stock’s 50 day moving average price is $196.64 and its 200 day moving average price is $170.88. The firm has a market capitalization of $3.25 billion, a PE ratio of 24.88, a price-to-earnings-growth ratio of 1.81 and a beta of 1.20.

OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. As a group, sell-side analysts expect that OSI Systems will post 9.22 EPS for the current fiscal year.

Insider Buying and Selling

In other OSI Systems news, Director Gerald M. Chizever sold 2,701 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $195.83, for a total value of $528,936.83. Following the sale, the director now directly owns 5,000 shares of the company’s stock, valued at $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Keith Morben sold 155 shares of the business’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $199.36, for a total transaction of $30,900.80. Following the transaction, the insider now directly owns 10,077 shares of the company’s stock, valued at approximately $2,008,950.72. This trade represents a 1.51 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On OSI Systems

Several large investors have recently made changes to their positions in OSIS. Toronto Dominion Bank acquired a new position in shares of OSI Systems during the fourth quarter worth approximately $308,000. CSS LLC IL boosted its position in OSI Systems by 322.2% during the 4th quarter. CSS LLC IL now owns 7,600 shares of the technology company’s stock worth $1,272,000 after acquiring an additional 5,800 shares during the period. Voloridge Investment Management LLC grew its stake in shares of OSI Systems by 61.6% in the fourth quarter. Voloridge Investment Management LLC now owns 10,018 shares of the technology company’s stock worth $1,677,000 after purchasing an additional 3,820 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of OSI Systems by 188.2% during the fourth quarter. Two Sigma Investments LP now owns 26,557 shares of the technology company’s stock valued at $4,446,000 after purchasing an additional 17,342 shares during the period. Finally, State of Wyoming raised its stake in shares of OSI Systems by 1.9% during the fourth quarter. State of Wyoming now owns 2,698 shares of the technology company’s stock valued at $452,000 after purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Company Profile

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.