OSI Systems (NASDAQ:OSIS) Announces Quarterly Earnings Results, Beats Expectations By $0.19 EPS

OSI Systems (NASDAQ:OSIS) issued its quarterly earnings results on Thursday. The technology company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.19, Briefing.com reports. OSI Systems had a return on equity of 17.80% and a net margin of 8.33%. The firm had revenue of $344.01 million for the quarter, compared to analyst estimates of $318.66 million. During the same period in the previous year, the company posted $0.91 earnings per share. The business’s revenue was up 23.2% on a year-over-year basis. OSI Systems updated its FY25 guidance to $9.00-9.30 EPS and its FY 2025 guidance to 9.000-9.300 EPS.

OSI Systems Price Performance

OSIS stock opened at $134.36 on Friday. OSI Systems has a 52-week low of $103.04 and a 52-week high of $158.69. The company has a quick ratio of 1.00, a current ratio of 1.49 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. The business has a fifty day moving average of $145.19 and a two-hundred day moving average of $141.44.

Insider Activity

In related news, Director Gerald M. Chizever sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $138.41, for a total transaction of $415,230.00. Following the completion of the sale, the director now directly owns 3,462 shares of the company’s stock, valued at approximately $479,175.42. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction of $160,559.28. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gerald M. Chizever sold 3,000 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $138.41, for a total value of $415,230.00. Following the completion of the sale, the director now owns 3,462 shares in the company, valued at $479,175.42. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,107 shares of company stock valued at $3,474,189 in the last quarter. Insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

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

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.