OSI Systems (OSIS) Set to Announce Earnings on Thursday

OSI Systems (NASDAQ:OSIS - Get Free Report) will issue its quarterly earnings data before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. OSI Systems has set its FY25 guidance at $8.80-9.15 EPS and its FY 2025 guidance at 8.800-9.150 EPS.Parties that wish to register for the company's conference call can do so using this link.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings data on Thursday, August 22nd. The technology company reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.79 by $0.05. The firm had revenue of $480.91 million during the quarter, compared to analysts' expectations of $467.24 million. OSI Systems had a net margin of 8.33% and a return on equity of 17.80%. OSI Systems's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.66 earnings per share. On average, analysts expect OSI Systems to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

OSI Systems Stock Down 2.6 %

NASDAQ:OSIS traded down $3.92 during trading hours on Friday, reaching $144.85. The company's stock had a trading volume of 222,493 shares, compared to its average volume of 115,910. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 20.50, a price-to-earnings-growth ratio of 1.40 and a beta of 1.08. OSI Systems has a one year low of $103.04 and a one year high of $158.69. The business's 50-day moving average is $145.23 and its 200-day moving average is $141.43. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.49 and a quick ratio of 1.00.

Insider Buying and Selling at OSI Systems

In other OSI Systems news, insider Paul Keith Morben sold 1,107 shares of the company's stock in a transaction dated Friday, September 13th. The shares were 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 in the company, valued at $1,461,568.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Paul Keith Morben sold 1,107 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $145.04, for a total value of $160,559.28. Following the completion of the sale, the insider now owns 10,077 shares in the company, valued at approximately $1,461,568.08. 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 accessible through this hyperlink. Also, CEO Deepak Chopra sold 20,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $144.92, for a total transaction of $2,898,400.00. Following the completion of the sale, the chief executive officer now owns 459,033 shares of the company's stock, valued at approximately $66,523,062.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,107 shares of company stock worth $3,474,189 over the last ninety days. Company insiders own 5.60% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on OSIS. B. Riley upped their price objective on shares of OSI Systems from $165.00 to $180.00 and gave the stock a "buy" rating in a report on Friday, August 23rd. Bank of America began coverage on shares of OSI Systems in a report on Monday, September 30th. They issued a "buy" rating and a $175.00 price objective for the company. Wells Fargo & Company initiated coverage on shares of OSI Systems in a report on Wednesday, September 18th. They issued an "overweight" rating and a $170.00 price objective for the company. Finally, Roth Mkm upped their price target 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 company's stock. According to MarketBeat, the company 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.