OSI Systems (OSIS) Set to Announce Earnings on Thursday

OSI Systems (NASDAQ:OSIS) is set to release its earnings data before the market opens on Thursday, April 25th. Analysts expect OSI Systems to post earnings of $2.11 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

OSI Systems (NASDAQ:OSIS) last released its earnings results on Thursday, January 25th. The technology company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.74 by $0.47. The firm had revenue of $373.20 million for the quarter, compared to analysts’ expectations of $364.29 million. OSI Systems had a net margin of 8.31% and a return on equity of 17.35%. OSI Systems’s quarterly revenue was up 26.3% on a year-over-year basis. During the same quarter last year, the company earned $1.19 EPS. On average, analysts expect OSI Systems to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

OSI Systems Stock Up 1.0 %

OSI Systems stock opened at $140.82 on Wednesday. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.58 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 0.80 and a debt-to-equity ratio of 0.17. The company’s 50-day moving average price is $135.63 and its two-hundred day moving average price is $127.17. OSI Systems has a 52 week low of $99.70 and a 52 week high of $144.11.

Insider Activity

In other news, General Counsel Victor S. Sze sold 15,000 shares of the firm’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the transaction, the general counsel now owns 78,116 shares in the company, valued at approximately $10,250,381.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other OSI Systems news, CEO Deepak Chopra sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $129.11, for a total value of $2,582,200.00. Following the completion of the transaction, the chief executive officer now directly owns 468,615 shares in the company, valued at $60,502,882.65. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Victor S. Sze sold 15,000 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $131.22, for a total transaction of $1,968,300.00. Following the completion of the transaction, the general counsel now owns 78,116 shares of the company’s stock, valued at $10,250,381.52. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,000 shares of company stock worth $6,503,650. Corporate insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on OSIS. Roth Mkm raised their target price on shares of OSI Systems from $165.00 to $169.00 and gave the company a “buy” rating in a research note on Friday, January 26th. StockNews.com upgraded shares of OSI Systems from a “hold” rating to a “buy” rating in a research report on Friday, April 19th.

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.