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

OSI Systems, Inc. (NASDAQ:OSIS) has been given an average rating of “Moderate Buy” by the six analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $213.33.

Several analysts have recently commented on the stock. StockNews.com cut shares of OSI Systems from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. Roth Mkm increased their price objective on OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Oppenheimer lifted their target price on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Wells Fargo & Company cut their price target on OSI Systems from $220.00 to $210.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Finally, JPMorgan Chase & Co. started coverage on OSI Systems in a research report on Friday, February 21st. They issued a “neutral” rating and a $225.00 price objective for the company.

Insider Transactions at OSI Systems

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

Institutional Trading of OSI Systems

Hedge funds have recently added to or reduced their stakes in the business. Janus Henderson Group PLC grew its stake in OSI Systems by 1.8% in the fourth quarter. Janus Henderson Group PLC now owns 1,230,805 shares of the technology company’s stock valued at $206,072,000 after acquiring an additional 21,637 shares during the period. FMR LLC grew its position in shares of OSI Systems by 31.6% in the 4th quarter. FMR LLC now owns 847,907 shares of the technology company’s stock valued at $141,965,000 after purchasing an additional 203,511 shares during the period. Capital International Investors bought a new stake in OSI Systems during the 4th quarter worth approximately $97,258,000. Geode Capital Management LLC increased its stake in OSI Systems by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 380,092 shares of the technology company’s stock worth $57,720,000 after purchasing an additional 5,718 shares in the last quarter. Finally, Mawer Investment Management Ltd. acquired a new stake in OSI Systems during the 4th quarter worth approximately $63,171,000. Institutional investors and hedge funds own 89.21% of the company’s stock.

OSI Systems Trading Up 2.6 %

Shares of OSIS opened at $194.19 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.25 and a current ratio of 1.88. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 1.81 and a beta of 1.19. The stock has a fifty day moving average price of $194.56 and a two-hundred day moving average price of $175.37. OSI Systems has a 52-week low of $126.57 and a 52-week high of $220.00.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. Analysts predict that OSI Systems will post 9.22 EPS for the current fiscal year.

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.