Brokerages expect that OSI Systems, Inc. (NASDAQ:OSIS) will announce earnings per share (EPS) of $0.89 for the current quarter, according to Zacks. Three analysts have made estimates for OSI Systems’ earnings, with estimates ranging from $0.87 to $0.90. OSI Systems reported earnings of $0.68 per share in the same quarter last year, which indicates a positive year over year growth rate of 30.9%. The firm is scheduled to report its next quarterly earnings report on Thursday, January 25th.
According to Zacks, analysts expect that OSI Systems will report full year earnings of $3.47 per share for the current year, with EPS estimates ranging from $3.40 to $3.51. For the next fiscal year, analysts expect that the company will post earnings of $3.65 per share. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for OSI Systems.
OSI Systems (NASDAQ:OSIS) last posted its earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.08. OSI Systems had a net margin of 3.06% and a return on equity of 11.68%. The firm had revenue of $257.13 million during the quarter, compared to analysts’ expectations of $248.52 million. During the same period in the previous year, the business posted $0.44 EPS. The business’s revenue was up 16.8% compared to the same quarter last year.
Several research firms recently issued reports on OSIS. Zacks Investment Research upgraded shares of OSI Systems from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Wednesday, December 27th. BidaskClub upgraded shares of OSI Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, January 6th. Jefferies Group reiterated a “buy” rating and issued a $79.00 target price on shares of OSI Systems in a research note on Monday, January 8th. Finally, B. Riley reiterated a “buy” rating and issued a $108.00 target price on shares of OSI Systems in a research note on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $91.40.
OSI Systems (OSIS) opened at $67.68 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 0.43. OSI Systems has a 12 month low of $53.80 and a 12 month high of $96.64. The stock has a market cap of $1,283.75, a price-to-earnings ratio of 43.11, a P/E/G ratio of 1.44 and a beta of 0.73.
A number of large investors have recently bought and sold shares of OSIS. Janus Henderson Group PLC acquired a new position in OSI Systems during the second quarter worth $108,791,000. Emerald Advisers Inc. PA raised its position in OSI Systems by 6,051.2% during the third quarter. Emerald Advisers Inc. PA now owns 169,650 shares of the technology company’s stock worth $15,501,000 after acquiring an additional 166,892 shares during the period. Emerald Mutual Fund Advisers Trust acquired a new position in OSI Systems during the third quarter worth $11,235,000. OxFORD Asset Management LLP acquired a new position in OSI Systems during the second quarter worth $3,465,000. Finally, Gotham Asset Management LLC raised its position in OSI Systems by 609.2% during the second quarter. Gotham Asset Management LLC now owns 52,174 shares of the technology company’s stock worth $3,921,000 after acquiring an additional 44,817 shares during the period.
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OSI Systems Company Profile
OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.
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