By otakuyassine3@gmail.com 
OSI Systems (NASDAQ:OSIS – Get Free Report) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Thursday.
Several other analysts have also issued reports on OSIS. JPMorgan Chase & Co. started coverage on OSI Systems in a report on Friday, February 21st. They set a “neutral” rating and a $225.00 price objective for the company. B. Riley raised their price target on OSI Systems from $180.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Oppenheimer boosted their price target on OSI Systems from $205.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Wells Fargo & Company raised their price objective on shares of OSI Systems from $172.00 to $202.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Finally, Roth Mkm lifted their target price on shares of OSI Systems from $178.00 to $224.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, OSI Systems presently has an average rating of “Moderate Buy” and a consensus target price of $212.00.
Get Our Latest Stock Analysis on OSIS
OSI Systems Trading Down 1.8 %
Shares of NASDAQ OSIS opened at $200.30 on Thursday. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. OSI Systems has a one year low of $126.57 and a one year high of $220.00. The business has a 50-day moving average price of $195.48 and a two-hundred day moving average price of $170.30. The firm has a market capitalization of $3.36 billion, a PE ratio of 25.78, a PEG ratio of 1.81 and a beta of 1.20.
OSI Systems (NASDAQ:OSIS – Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. As a group, analysts predict that OSI Systems will post 9.22 earnings per share for the current fiscal year.
Insider Activity at OSI Systems
In other OSI Systems news, insider Paul Keith Morben sold 155 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $199.36, for a total value of $30,900.80. Following the sale, the insider now owns 10,077 shares of the company’s stock, valued at $2,008,950.72. This trade represents a 1.51 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Gerald M. Chizever sold 2,701 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $195.83, for a total value of $528,936.83. Following the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $979,150. This trade represents a 35.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.
Hedge Funds Weigh In On OSI Systems
Large investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd acquired a new stake in OSI Systems in the 4th quarter worth $25,000. Richardson Financial Services Inc. lifted its stake in shares of OSI Systems by 65.6% in the fourth quarter. Richardson Financial Services Inc. now owns 154 shares of the technology company’s stock valued at $26,000 after buying an additional 61 shares during the period. Smartleaf Asset Management LLC grew its position in OSI Systems by 243.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 275 shares of the technology company’s stock worth $46,000 after buying an additional 195 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in OSI Systems by 241.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 683 shares of the technology company’s stock valued at $108,000 after acquiring an additional 483 shares during the period. Finally, KBC Group NV raised its holdings in OSI Systems by 37.1% in the 4th quarter. KBC Group NV now owns 699 shares of the technology company’s stock valued at $117,000 after acquiring an additional 189 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.
OSI Systems Company Profile
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.
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