OSI Systems (NASDAQ:OSIS) Releases Quarterly Earnings Results, Beats Expectations By $0.19 EPS

OSI Systems (NASDAQ:OSIS - Get Free Report) issued its earnings results on Thursday. The technology company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.19, Briefing.com reports. OSI Systems had a net margin of 8.33% and a return on equity of 17.80%. The business had revenue of $344.01 million during the quarter, compared to analysts' expectations of $318.66 million. During the same period in the previous year, the company earned $0.91 earnings per share. The business's revenue for the quarter was up 23.2% compared to the same quarter last year. OSI Systems updated its FY25 guidance to $9.00-9.30 EPS and its FY 2025 guidance to 9.000-9.300 EPS.

OSI Systems Stock Performance

Shares of NASDAQ OSIS traded down $3.29 during midday trading on Friday, hitting $134.36. 388,156 shares of the company's stock traded hands, compared to its average volume of 119,025. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.00 and a current ratio of 1.49. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. The firm has a fifty day moving average of $145.19 and a 200 day moving average of $141.44. OSI Systems has a 1 year low of $103.04 and a 1 year high of $158.69.

Insider Buying and Selling at OSI Systems

In other news, Director Gerald M. Chizever sold 3,000 shares of OSI Systems stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $138.41, for a total transaction of $415,230.00. Following the transaction, the director now owns 3,462 shares in the company, valued at $479,175.42. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Gerald M. Chizever sold 3,000 shares of the firm's stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $138.41, for a total value of $415,230.00. Following the transaction, the director now owns 3,462 shares of the company's stock, valued at $479,175.42. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul Keith Morben sold 1,107 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $145.04, for a total transaction of $160,559.28. Following the completion of the sale, the insider now directly owns 10,077 shares of the company's stock, valued at $1,461,568.08. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,107 shares of company stock valued at $3,474,189. Insiders own 5.60% of the company's stock.

Analyst Upgrades and Downgrades

OSIS has been the subject of several recent analyst reports. Bank of America began coverage on OSI Systems in a research note on Monday, September 30th. They issued a "buy" rating and a $175.00 price target for the company. Wells Fargo & Company began coverage on shares of OSI Systems in a research note on Wednesday, September 18th. They set an "overweight" rating and a $170.00 target price on the stock. B. Riley raised their price target on shares of OSI Systems from $165.00 to $180.00 and gave the company a "buy" rating in a report on Friday, August 23rd. Finally, Roth Mkm boosted their price objective on shares of OSI Systems from $172.00 to $178.00 and gave the company a "buy" rating in a report on Friday, August 23rd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $172.60.

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.