OSI Systems (NASDAQ:OSIS) Hits New 12-Month High – Here’s Why

OSI Systems, Inc. (NASDAQ:OSIS) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $294.93 and last traded at $291.12, with a volume of 144575 shares trading hands. The stock had previously closed at $288.00.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on OSIS. UBS Group set a $292.00 target price on shares of OSI Systems in a research report on Monday, December 1st. JPMorgan Chase & Co. increased their price target on shares of OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Roth Mkm boosted their price objective on shares of OSI Systems from $280.00 to $292.00 and gave the company a “buy” rating in a research note on Monday, December 1st. Oppenheimer increased their target price on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. Finally, Bank of America boosted their price target on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $272.00.

OSI Systems Trading Up 0.6%

The firm has a fifty day moving average of $268.31 and a 200-day moving average of $248.60. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.29 and a current ratio of 1.87. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of 32.81, a P/E/G ratio of 2.42 and a beta of 1.35.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. OSI Systems had a return on equity of 18.25% and a net margin of 8.68%.The company had revenue of $384.62 million for the quarter, compared to analysts’ expectations of $372.03 million. During the same quarter in the previous year, the firm posted $1.25 earnings per share. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. As a group, equities analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Buying and Selling at OSI Systems

In related news, Chairman Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $285.74, for a total transaction of $5,714,800.00. Following the completion of the sale, the chairman directly owned 292,969 shares of the company’s stock, valued at approximately $83,712,962.06. This trade represents a 6.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul Keith Morben sold 416 shares of OSI Systems stock in a transaction on Friday, November 7th. The stock was sold at an average price of $279.10, for a total transaction of $116,105.60. Following the sale, the insider directly owned 8,540 shares in the company, valued at $2,383,514. This trade represents a 4.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 21,916 shares of company stock valued at $6,255,631 over the last 90 days. 4.30% of the stock is owned by corporate insiders.

Institutional Trading of OSI Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Mawer Investment Management Ltd. boosted its holdings in OSI Systems by 67.0% in the third quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock valued at $213,445,000 after purchasing an additional 343,727 shares during the last quarter. Geode Capital Management LLC raised its position in shares of OSI Systems by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 381,128 shares of the technology company’s stock valued at $85,711,000 after purchasing an additional 2,419 shares in the last quarter. Hood River Capital Management LLC raised its position in shares of OSI Systems by 1.0% in the 2nd quarter. Hood River Capital Management LLC now owns 377,061 shares of the technology company’s stock valued at $84,786,000 after purchasing an additional 3,903 shares in the last quarter. Invesco Ltd. boosted its stake in shares of OSI Systems by 29.6% during the 2nd quarter. Invesco Ltd. now owns 319,258 shares of the technology company’s stock valued at $71,788,000 after buying an additional 73,004 shares during the last quarter. Finally, UBS Group AG grew its position in shares of OSI Systems by 63.8% during the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after buying an additional 123,212 shares in the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.

About OSI Systems

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.