Brokerages Set OSI Systems, Inc. (NASDAQ:OSIS) PT at $212.00

Shares of OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $212.00.

A number of analysts recently issued reports on the stock. Oppenheimer lifted their price target on shares of OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. JPMorgan Chase & Co. began coverage on shares of OSI Systems in a research report on Friday, February 21st. They issued a "neutral" rating and a $225.00 target price for the company. Wells Fargo & Company increased their price target on shares of OSI Systems from $172.00 to $202.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 11th. B. Riley boosted their price objective on OSI Systems from $180.00 to $221.00 and gave the company a "buy" rating in a report on Friday, January 24th. Finally, Roth Mkm increased their target price on OSI Systems from $178.00 to $224.00 and gave the stock a "buy" rating in a report on Friday, January 24th.

OSI Systems Stock Down 0.6 %

NASDAQ OSIS traded down $1.19 during trading hours on Monday, hitting $199.11. The company had a trading volume of 122,382 shares, compared to its average volume of 171,363. The firm's 50 day moving average is $195.48 and its 200 day moving average is $170.30. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 25.63, a P/E/G ratio of 1.81 and a beta of 1.20. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.88 and a quick ratio of 1.25. OSI Systems has a fifty-two week low of $126.57 and a fifty-two week high of $220.00.

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OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its earnings results on Thursday, January 23rd. The technology company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a net margin of 8.15% and a return on equity of 18.22%. Sell-side analysts anticipate that OSI Systems will post 9.22 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Paul Keith Morben sold 155 shares of the company'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 transaction of $30,900.80. Following the completion of the transaction, the insider now directly owns 10,077 shares in the company, valued at $2,008,950.72. The trade was a 1.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gerald M. Chizever sold 2,701 shares of the firm's stock in a transaction on Monday, January 27th. The stock was sold at an average price of $195.83, for a total transaction of $528,936.83. Following the completion of the sale, the director now owns 5,000 shares in the company, valued at approximately $979,150. The trade was a 35.07 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.

Hedge Funds Weigh In On OSI Systems

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC boosted its position in OSI Systems by 1.8% in the fourth quarter. Janus Henderson Group PLC now owns 1,230,805 shares of the technology company's stock valued at $206,072,000 after buying an additional 21,637 shares in the last quarter. FMR LLC boosted its stake in OSI Systems by 31.6% in the fourth quarter. FMR LLC now owns 847,907 shares of the technology company's stock valued at $141,965,000 after acquiring an additional 203,511 shares during the last quarter. State Street Corp lifted its stake in OSI Systems by 0.9% in the third quarter. State Street Corp now owns 727,690 shares of the technology company's stock valued at $110,485,000 after buying an additional 6,514 shares during the period. Capital International Investors acquired a new position in OSI Systems during the fourth quarter valued at approximately $97,258,000. Finally, Geode Capital Management LLC raised its stake in OSI Systems by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 380,092 shares of the technology company's stock worth $57,720,000 after buying an additional 5,718 shares during the period. Institutional investors own 89.21% of the company's stock.

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.