OSI Systems (OSIS) Scheduled to Post Earnings on Thursday

OSI Systems (NASDAQ:OSIS) will announce its earnings results before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. OSI Systems has set its FY25 guidance at $8.80-9.15 EPS and its FY 2025 guidance at 8.800-9.150 EPS.

OSI Systems (NASDAQ:OSIS) last released its quarterly earnings data on Thursday, August 22nd. The technology company reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.79 by $0.05. OSI Systems had a return on equity of 17.80% and a net margin of 8.33%. The firm had revenue of $480.91 million during the quarter, compared to analyst estimates of $467.24 million. During the same period in the prior year, the company posted $2.66 earnings per share. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. On average, analysts expect OSI Systems to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

OSI Systems Price Performance

Shares of NASDAQ:OSIS traded up $0.26 on Friday, hitting $149.03. The stock had a trading volume of 5,102 shares, compared to its average volume of 114,834. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 20.59, a price-to-earnings-growth ratio of 1.40 and a beta of 1.08. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.00 and a current ratio of 1.49. The firm’s 50 day moving average price is $145.23 and its 200-day moving average price is $141.43. OSI Systems has a twelve month low of $103.04 and a twelve month high of $158.69.

Analysts Set New Price Targets

Several analysts have weighed in on OSIS shares. Bank of America initiated coverage on shares of OSI Systems in a research note on Monday, September 30th. They set a “buy” rating and a $175.00 price objective on the stock. Wells Fargo & Company initiated coverage on OSI Systems in a research report on Wednesday, September 18th. They set an “overweight” rating and a $170.00 price target on the stock. B. Riley lifted their price objective on OSI Systems from $165.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Finally, Roth Mkm boosted their price objective on OSI Systems from $172.00 to $178.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, OSI Systems currently has a consensus rating of “Moderate Buy” and an average target price of $172.60.

Insider Buying and Selling at OSI Systems

In related news, CEO Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $144.92, for a total value of $2,898,400.00. Following the transaction, the chief executive officer now owns 459,033 shares in the company, valued at $66,523,062.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Paul Keith Morben sold 1,107 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $145.04, for a total value of $160,559.28. Following the transaction, the insider now directly owns 10,077 shares in the company, valued at $1,461,568.08. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $144.92, for a total value of $2,898,400.00. Following the completion of the sale, the chief executive officer now owns 459,033 shares of the company’s stock, valued at $66,523,062.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 24,107 shares of company stock worth $3,474,189. Insiders own 5.60% of the company’s stock.

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.