OSI Systems, Inc. (NASDAQ:OSIS - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $214.00 and last traded at $213.87, with a volume of 1745 shares traded. The stock had previously closed at $211.67.
Wall Street Analyst Weigh In
OSIS has been the subject of several recent research reports. Oppenheimer increased their price objective on OSI Systems from $205.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. StockNews.com downgraded OSI Systems from a "hold" rating to a "sell" rating in a research note on Monday. Wells Fargo & Company lifted their price target on OSI Systems from $172.00 to $202.00 and gave the company an "overweight" rating in a report on Wednesday, December 11th. Roth Mkm increased their price objective on OSI Systems from $178.00 to $224.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Finally, JPMorgan Chase & Co. began coverage on shares of OSI Systems in a research note on Friday. They issued a "neutral" rating and a $225.00 target price for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $212.00.
Get Our Latest Stock Analysis on OSIS
OSI Systems Stock Performance
The stock has a fifty day moving average price of $183.86 and a 200 day moving average price of $161.79. The company has a current ratio of 1.88, a quick ratio of 1.25 and a debt-to-equity ratio of 0.56. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 1.85 and a beta of 1.19.
OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The technology company reported $2.42 EPS for the quarter, beating the consensus estimate of $2.34 by $0.08. OSI Systems had a return on equity of 18.22% and a net margin of 8.15%. As a group, analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current year.
Insider Buying and Selling
In other news, CEO Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.66, for a total value of $3,753,200.00. Following the completion of the sale, the chief executive officer now directly owns 404,323 shares of the company's stock, valued at approximately $75,875,254.18. This represents a 4.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Manoocher M. Aliabadi sold 2,509 shares of the business's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $180.02, for a total transaction of $451,670.18. Following the transaction, the insider now directly owns 78,094 shares in the company, valued at $14,058,481.88. This trade represents a 3.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 29,447 shares of company stock worth $5,519,962 in the last quarter. 5.20% of the stock is currently owned by company insiders.
Institutional Trading of OSI Systems
Several hedge funds and other institutional investors have recently bought and sold shares of OSIS. Janus Henderson Group PLC lifted its stake in shares of 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 during the period. FMR LLC lifted its position in shares of OSI Systems by 31.6% in the 4th quarter. FMR LLC now owns 847,907 shares of the technology company's stock worth $141,965,000 after acquiring an additional 203,511 shares during the period. State Street Corp lifted its position in shares of OSI Systems by 0.9% in the 3rd quarter. State Street Corp now owns 727,690 shares of the technology company's stock worth $110,485,000 after acquiring an additional 6,514 shares during the period. Capital International Investors acquired a new stake in shares of OSI Systems during the 4th quarter worth approximately $97,258,000. Finally, Geode Capital Management LLC raised its stake in shares of OSI Systems by 1.5% in the third quarter. Geode Capital Management LLC now owns 380,092 shares of the technology company's stock valued at $57,720,000 after purchasing an additional 5,718 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.
About OSI Systems
(
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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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