8 stories mentioning OSISUpdated 4d ago
Every FINWIRES story that references OSIS, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
OSI Systems (OSIS) said Thursday its Optoelectronics and Manufacturing division received about $8 million in orders from a global industrial technology company.The orders cover electronic assemblies for the customer's test and measurement products, the company said.Price: $201.30, Change: $-0.45, Percent Change: -0.22%
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were edging higher pre-bell Friday as traders moved to recover after a losing session on Wall Street as Treasury yields continued to rise.Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.5%, and Nasdaq futures were 0.7% higher.Iran said that it would have a "devastating" response to any new US threats, Reuters reported Friday. US Treasury Secretary Scott Bessent said he would give more details on Monday regarding the planned "toughest sanctions in history" on Iran.President Donald Trump said that he had closed a deal to "substantially" lower the price of ground beef for US consumers and will allow up to 300,000 metric tons of the commodity to be imported with no out-of-quota tariff. "We have a commitment that this beef will be sold at 25 percent below current market prices," Trump said in a post on Truth Social.Oil prices were slightly higher, with front-month global benchmark North Sea Brent crude up 0.3% at $94.04 per barrel and US West Texas Intermediate crude 0.2% higher at $86.97 per barrel.The August S&P Global Composite Purchasing Managers' Index, due at 9:45 am ET, is seen at 54.0, down from 54.5 previously, according to estimates compiled by Bloomberg.In other world markets, Japan's Nikkei closed 0.3% lower, Hong Kong's Hang Seng ended 1.2% higher, and China's Shanghai Composite finished flat. Meanwhile, the UK's FTSE 100 was up 0.2%, and Germany's DAX index was 0.3% higher in Europe's early afternoon session.In equities, Broadcom (AVGO) shares rose 1.3% after a Bloomberg report that the company is in discussions with a group of lenders to raise as much as $100 billion in debt for an artificial intelligence chip financing deal. SK Hynix (SKHY) stock was up 2.6% after a report from news outlet Hankyoreh that the company is moving forward with construction of a memory chip fab in the northeastern Japanese prefecture of Miyagi. Ross Stores (ROST) shares were 7.5% higher after the company reported on late Thursday better-than expected fiscal Q2 earnings and revenue, as well as boosted its full-year EPS guidance.On the losing side, OSI Systems (OSIS) stock was down 9.6% after the company on late Thursday posted fiscal Q4 revenue that missed analysts' consensus estimates.
OSI Systems (OSIS) reported fiscal Q4 non-GAAP net income late Thursday of $3.78 per diluted share, up from $3.24 a year earlier.Analysts polled by FactSet expected $3.77.Revenue for the quarter ended June 30 was $484.1 million, down from $505.0 million a year earlier.Analysts expected $529.7 million.The company set 2027 outlook for non-GAAP EPS of $11.13 to $11.49 on revenue of $1.88 billion to $1.93 billion.Analysts are looking for $11.44 and $1.94 billion, respectively.
OSI Systems (OSIS) said Monday it has received an order of about $11 million from an unnamed client to supply Rapiscan's Eagle M60 mobile cargo and vehicle inspection systems, as well as operator and maintenance training support.The Eagle M60 is a mobile inspection system for cargo and vehicles at seaports, borders, and roadside checkpoints, the company said.Price: $235.65, Change: $-0.58, Percent Change: -0.25%
OSI Systems (OSIS) remains positioned for sustained organic revenue and earnings growth, supported by a record backlog and a strong security screening pipeline, Oppenheimer said in a Wednesday note.The firm said the company's security backlog ended fiscal Q3 at a record $1.9 billion, marking 14 consecutive quarters of positive organic revenue.Oppenheimer expects robust free cash flow in fiscal Q4, helped by additional collections from a large Mexico project after the company received $74 million early in the quarter.The firm also expects the security business to benefit from the $235 million Golden Dome award, resumed US government order activity and potential US Customs and Border Protection contract awards in the coming months.Oppenheimer maintained its outperform rating on OSI Systems and its $320 price target.Price: $215.53, Change: $-3.19, Percent Change: -1.46%
OSI Systems (OSIS) is positioned to deliver its 10th and 11th consecutive years of adjusted EPS growth following a solid Q3, Oppenheimer said in a Wednesday note.The firm said Q3 results remained broadly consistent with the company's longer-term performance trends despite some softer near-term undercurrents, including lighter free cash flow, slower services growth and weaker smaller-scale security project orders.Oppenheimer noted that comparable recurring services revenue rose nearly 20%, while the company's pipeline of cargo and aviation projects remains strong.The firm also said accelerated share repurchases appear increasingly likely in 2026.Oppenheimer maintained its outperform rating on OSI Systems with a $320 price target.Price: $208.97, Change: $-0.04, Percent Change: -0.02%
OSI Systems' (OSIS) security division won a contract with a ceiling value of $235 million for the production and integration of a homeland defense over the horizon radar, or OTHR, transit subsystem, the company said Thursday.The initial program executive is valued at $46 million, with additional funding to continue over the program schedule, OSI System said. The subsystem is intended to enable long-range target tracking, the company added.Price: $295.76, Change: $+3.24, Percent Change: +1.11%
OSI Systems (OSIS) has an average rating of buy and mean price target of $300, according to analysts polled by FactSet.
