Somewhat Favorable News Coverage Somewhat Unlikely to Impact OSI Systems (OSIS) Stock Price
News stories about OSI Systems (NASDAQ:OSIS) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. OSI Systems earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.2841635535401 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- OSI Systems (OSIS) vs. API Technologies Corp (ATNY) Financial Comparison (americanbankingnews.com)
- OSI Systems, Inc. (OSIS) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Stocks Showing Rising Market Leadership: OSI Systems Earns 81 RS Rating (finance.yahoo.com)
- OSI Systems, Inc. (OSIS) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- OSI Systems, Inc. (OSIS) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
Shares of OSI Systems (NASDAQ:OSIS) traded up 0.16% during midday trading on Friday, reaching $86.89. The company had a trading volume of 68,564 shares. The stock has a 50-day moving average of $81.55 and a 200 day moving average of $77.05. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 81.21 and a beta of 0.75. OSI Systems has a 52 week low of $63.85 and a 52 week high of $87.91.
OSI Systems (NASDAQ:OSIS) last released its quarterly earnings results on Thursday, August 24th. The technology company reported $1.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.09. The company had revenue of $252.40 million during the quarter, compared to analyst estimates of $253.58 million. OSI Systems had a return on equity of 10.57% and a net margin of 2.19%. The firm’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. On average, analysts anticipate that OSI Systems will post $3.46 earnings per share for the current year.
A number of equities analysts have recently issued reports on OSIS shares. Zacks Investment Research upgraded OSI Systems from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a report on Friday, May 26th. Jefferies Group LLC reiterated a “buy” rating on shares of OSI Systems in a report on Thursday, June 1st. BidaskClub cut OSI Systems from a “hold” rating to a “sell” rating in a report on Friday, June 16th. TheStreet upgraded OSI Systems from a “c+” rating to a “b-” rating in a report on Thursday, August 10th. Finally, B. Riley reiterated a “buy” rating and issued a $92.00 price objective (up from $87.00) on shares of OSI Systems in a report on Tuesday, August 22nd. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $91.86.
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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