OSI Systems, Inc. (OSIS): A Technical Analysis

OSI Systems, Inc. (NASDAQ: OSIS) has a higher price-to-earnings ratio of 21.21x compared to its average ratio. OSIS has 36-month beta value of 1.08. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for OSIS is 15.86M, and currently, short sellers hold a 4.12% ratio of that float. The average trading volume of OSIS on August 23, 2024 was 124.30K shares.

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OSIS) stock’s latest price update

OSI Systems, Inc. (NASDAQ: OSIS)’s stock price has gone rise by 6.68 in comparison to its previous close of 144.62, however, the company has experienced a 5.98% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-08-22 that OSI Systems, Inc. (NASDAQ:OSIS ) Q4 2024 Earnings Conference Call August 22, 2024 12:00 PM ET Company Participants Alan Edrick – Executive Vice President and Chief Financial Officer Deepak Chopra – President and Chief Executive Officer Conference Call Participants Josh Nichols – B. Riley Jeff Martin – ROTH Capital Partners Larry Solow – CJS Securities Operator Hello and thank you for standing by.

OSIS’s Market Performance

OSI Systems, Inc. (OSIS) has experienced a 5.98% rise in stock performance for the past week, with a 4.77% rise in the past month, and a 10.18% rise in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are at 2.51% for OSIS. The simple moving average for the past 20 days is 8.18% for OSIS’s stock, with a 15.50% simple moving average for the past 200 days.

Analysts’ Opinion of OSIS

Many brokerage firms have already submitted their reports for OSIS stocks, with Imperial Capital repeating the rating for OSIS by listing it as a “Outperform.” The predicted price for OSIS in the upcoming period, according to Imperial Capital is $140 based on the research report published on July 27, 2021 of the previous year 2021.

Oppenheimer, on the other hand, stated in their research note that they expect to see OSIS reach a price target of $110. The rating they have provided for OSIS stocks is “Outperform” according to the report published on December 10th, 2020.

Berenberg gave a rating of “Buy” to OSIS, setting the target price at $103 in the report published on November 13th of the previous year.

OSIS Trading at 9.21% from the 50-Day Moving Average

After a stumble in the market that brought OSIS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.57% of gains for the given period.

Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +4.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.21% upper at present.

During the last 5 trading sessions, OSIS rose by +5.98%, which changed the moving average for the period of 200-days by +42.25% in comparison to the 20-day moving average, which settled at $142.96. In addition, OSI Systems, Inc. saw 19.55% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at OSIS starting from Chandra Shalabh, who sale 676 shares at the price of $139.50 back on Jun 12 ’24. After this action, Chandra Shalabh now owns 8,192 shares of OSI Systems, Inc., valued at $94,302 using the latest closing price.

EDRICK ALAN I, the EVP & CFO of OSI Systems, Inc., sale 30,386 shares at $143.75 during a trade that took place back on Jun 03 ’24, which means that EDRICK ALAN I is holding 310,529 shares at $4,368,084 based on the most recent closing price.

Stock Fundamentals for OSIS

Current profitability levels for the company are sitting at:

  • 0.13 for the present operating margin
  • 0.35 for the gross margin

The net margin for OSI Systems, Inc. stands at 0.09. The total capital return value is set at 0.17. Equity return is now at value 17.00, with 7.59 for asset returns.

Based on OSI Systems, Inc. (OSIS), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 7.28.

Currently, EBITDA for the company is 142.84 million with net debt to EBITDA at 1.98. When we switch over and look at the enterprise to sales, we see a ratio of 2.07. The receivables turnover for the company is 2.92for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.

Conclusion

To put it simply, OSI Systems, Inc. (OSIS) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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