OSI Systems (OSIS) to Release Earnings on Thursday

OSI Systems (NASDAQ:OSIS) is anticipated to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect OSI Systems to post earnings of $2.34 per share and revenue of $404,390.00 billion for the quarter. OSI Systems has set its FY25 guidance at $9.00-9.30 EPS and its FY 2025 guidance at 9.000-9.300 EPS.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.19. OSI Systems had a net margin of 8.31% and a return on equity of 18.17%. The firm had revenue of $344.01 million during the quarter, compared to the consensus estimate of $318.66 million. During the same quarter in the previous year, the firm posted $0.91 EPS. The company’s revenue for the quarter was up 23.2% 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 Stock Performance

NASDAQ:OSIS opened at $163.21 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.20 and a current ratio of 1.84. The stock has a 50-day simple moving average of $168.51 and a two-hundred day simple moving average of $152.15. The firm has a market capitalization of $2.73 billion, a PE ratio of 21.31, a P/E/G ratio of 1.55 and a beta of 1.19. OSI Systems has a 52-week low of $120.42 and a 52-week high of $189.13.

Insider Activity at OSI Systems

In other OSI Systems news, CFO Alan I. Edrick sold 2,354 shares of OSI Systems stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $188.42, for a total value of $443,540.68. Following the completion of the transaction, the chief financial officer now directly owns 312,444 shares of the company’s stock, valued at $58,870,698.48. This trade represents a 0.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Deepak Chopra sold 15,000 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $153.42, for a total transaction of $2,301,300.00. Following the sale, the chief executive officer now owns 424,323 shares in the company, valued at $65,099,634.66. This represents a 3.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,591 shares of company stock valued at $7,557,745. Corporate insiders own 5.20% of the company’s stock.

Analyst Ratings Changes

OSIS has been the topic of several analyst reports. Bank of America began coverage on shares of OSI Systems in a report on Monday, September 30th. They set a “buy” rating and a $175.00 price target on the stock. StockNews.com upgraded shares of OSI Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, December 10th. Finally, Wells Fargo & Company upped their target price on shares of OSI Systems from $172.00 to $202.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.00.

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.