OSI Systems (OSIS) Set to Announce Quarterly Earnings on Thursday

OSI Systems (NASDAQ:OSIS) is set to post its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect OSI Systems to post 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 issued 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. The company had revenue of $480.91 million during the quarter, compared to the consensus estimate of $467.24 million. OSI Systems had a net margin of 8.33% and a return on equity of 17.80%. The firm’s revenue was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.66 earnings per share. 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 Stock Up 0.2 %

OSIS traded up $0.26 during trading on Friday, hitting $149.03. The company 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 PE ratio of 20.59, a PEG ratio of 1.40 and a beta of 1.08. The company has a quick ratio of 1.00, a current ratio of 1.49 and a debt-to-equity ratio of 0.15. OSI Systems has a one year low of $103.04 and a one year high of $158.69. The firm’s 50-day moving average price is $145.23 and its 200 day moving average price is $141.43.

Analyst Ratings Changes

Several research firms have recently weighed in on OSIS. B. Riley upped their price objective on OSI Systems from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Wells Fargo & Company started coverage on OSI Systems in a research report on Wednesday, September 18th. They set an “overweight” rating and a $170.00 price target for the company. Roth Mkm raised their price target 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. Finally, Bank of America initiated coverage on shares of OSI Systems in a research report on Monday, September 30th. They issued a “buy” rating and a $175.00 price objective on the stock. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $172.60.

Insider Activity

In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $144.92, for a total transaction of $2,898,400.00. Following the sale, the chief executive officer now directly owns 459,033 shares of the company’s stock, valued at approximately $66,523,062.36. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $144.92, for a total transaction of $2,898,400.00. Following the transaction, the chief executive officer now owns 459,033 shares of the company’s stock, valued at $66,523,062.36. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gerald M. Chizever sold 3,000 shares of the firm’s stock in a transaction that occurred 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 directly owns 3,462 shares of the company’s stock, valued at approximately $479,175.42. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,107 shares of company stock valued at $3,474,189. 5.60% of the stock is owned by insiders.

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.