OSI Systems (NASDAQ:OSIS) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday.

OSIS has been the topic of a number of other research reports. Zacks Investment Research downgraded OSI Systems from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. B. Riley reissued a “buy” rating and set a $108.00 price target on shares of OSI Systems in a research report on Tuesday, October 24th. Finally, Roth Capital reissued a “buy” rating and set a $97.00 price target on shares of OSI Systems in a research report on Tuesday, August 29th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. OSI Systems presently has an average rating of “Buy” and a consensus target price of $99.80.

OSI Systems (NASDAQ:OSIS) opened at $65.91 on Friday. The firm has a market capitalization of $1,265.20, a P/E ratio of 41.98, a price-to-earnings-growth ratio of 1.42 and a beta of 0.71. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. OSI Systems has a 12-month low of $53.80 and a 12-month high of $96.64.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, October 26th. The technology company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.08. The firm had revenue of $257.13 million for the quarter, compared to the consensus estimate of $248.52 million. OSI Systems had a return on equity of 11.68% and a net margin of 3.06%. The business’s revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 earnings per share. equities analysts forecast that OSI Systems will post 3.49 EPS for the current year.

Several large investors have recently modified their holdings of the company. Nationwide Fund Advisors boosted its holdings in shares of OSI Systems by 0.6% during the second quarter. Nationwide Fund Advisors now owns 12,294 shares of the technology company’s stock worth $924,000 after acquiring an additional 74 shares during the period. Advisor Group Inc. boosted its holdings in shares of OSI Systems by 6.9% during the second quarter. Advisor Group Inc. now owns 1,602 shares of the technology company’s stock worth $121,000 after acquiring an additional 104 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of OSI Systems by 0.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 18,351 shares of the technology company’s stock worth $1,379,000 after acquiring an additional 112 shares during the period. Stifel Financial Corp boosted its holdings in shares of OSI Systems by 3.7% during the second quarter. Stifel Financial Corp now owns 3,767 shares of the technology company’s stock worth $283,000 after acquiring an additional 136 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in shares of OSI Systems by 3.6% during the second quarter. Municipal Employees Retirement System of Michigan now owns 4,290 shares of the technology company’s stock worth $322,000 after acquiring an additional 150 shares during the period.

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OSI Systems Company Profile

OSI Systems, Inc, through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace.

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