OSI Systems (NASDAQ:OSIS) Hits New 52-Week Low – Here’s Why

OSI Systems, Inc. (NASDAQ:OSISGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $203.45 and last traded at $208.1150, with a volume of 121627 shares. The stock had previously closed at $211.37.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Citigroup cut their price target on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research note on Monday. B. Riley Financial boosted their price target on shares of OSI Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Weiss Ratings cut shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price target on shares of OSI Systems from $255.00 to $262.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Finally, Roth Mkm reissued a “buy” rating and issued a $310.00 price target on shares of OSI Systems in a research note on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, OSI Systems has an average rating of “Moderate Buy” and an average price target of $294.00.

Check Out Our Latest Research Report on OSI Systems

OSI Systems Trading Down 1.7%

The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.42 and a current ratio of 3.25. The firm has a market cap of $3.43 billion, a PE ratio of 23.73, a PEG ratio of 1.71 and a beta of 1.31. The stock’s 50 day simple moving average is $269.07 and its 200 day simple moving average is $271.11.

OSI Systems (NASDAQ:OSISGet Free Report) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.07. The firm had revenue of $453.25 million during the quarter, compared to analyst estimates of $449.23 million. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.44 EPS. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. On average, sell-side analysts forecast that OSI Systems, Inc. will post 10.4 earnings per share for the current fiscal year.

Insider Buying and Selling at OSI Systems

In other news, Director Deepak Chopra sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $281.84, for a total value of $5,636,800.00. Following the completion of the sale, the director directly owned 253,044 shares in the company, valued at approximately $71,317,920.96. The trade was a 7.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.30% of the company’s stock.

Institutional Investors Weigh In On OSI Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. raised its holdings in OSI Systems by 67.0% during the 3rd quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock valued at $213,445,000 after buying an additional 343,727 shares during the last quarter. Janus Henderson Group PLC raised its holdings in OSI Systems by 2.6% during the 1st quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company’s stock valued at $205,056,000 after buying an additional 19,747 shares during the last quarter. Geode Capital Management LLC raised its holdings in OSI Systems by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 410,963 shares of the technology company’s stock valued at $104,836,000 after buying an additional 16,692 shares during the last quarter. UBS Group AG raised its holdings in OSI Systems by 63.8% during the 3rd quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock valued at $78,843,000 after buying an additional 123,212 shares during the last quarter. Finally, Clark Capital Management Group Inc. raised its holdings in OSI Systems by 2.6% during the 4th quarter. Clark Capital Management Group Inc. now owns 266,114 shares of the technology company’s stock valued at $67,875,000 after buying an additional 6,663 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors.

About OSI Systems

(Get Free Report)

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.

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