OSI Systems (OSIS) closed the last trading session at $141.73, gaining 3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $177.67 indicates a 25.4% upside potential. The average comprises three short-term price targets ranging from a low of $175 to a high of $180, with a standard deviation of $2.52. While the lowest estimate indicates an increase of 23.5% from the current price lev ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-23125 OSI SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of ...

Investors with an interest in Electronics - Miscellaneous Components stocks have likely encountered both OSI Systems (OSIS) and TE Connectivity (TEL) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on ea ...

Investors might want to bet on OSI Systems (OSIS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investo ...

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. Welcome to OSI Systems, Inc. Fourth Quarter and Fiscal Year 2024 Conference Call. At this time, all participants ...

OSI Systems (NASDAQ:OSIS) just reported results for the fourth quarter of 2024. OSI Systems reported earnings per share of $2.84. This was above the analyst estimate for EPS of $2.79. The company reported revenue of $480.91 million. This was 3.09% better than the analyst estimate for revenue of $466.48 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share ...

OSI Systems (OSIS) reported $480.91 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 16.8%. EPS of $2.84 for the same period compares to $2.66 a year ago. The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $466.48 million. With the consensus EPS estimate being $2.79, the EPS surprise was +1.79%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

OSI Systems (OSIS) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $2.66 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.79%. A quarter ago, it was expected that this airport security and full-body scanner manufacturer would post earnings of $2.11 per share when it actually produced earnings of $2.16, delivering a surprise of 2.37%. Ov ...

Financial Performance - Record Q4 revenues of $481 million, representing a 17% year-over-year growth[1] - Record fiscal year revenues of $1.54 billion, a 20% increase compared to the previous fiscal year[3] - Q4 GAAP diluted EPS of $2.55 and record non-GAAP diluted EPS of $2.84, up from $2.66 in the same quarter last year[2] - Fiscal year GAAP diluted EPS of $7.38 and record non-GAAP diluted EPS of $8.13, reflecting a 31% growth year-over-year[3] - Total revenues for the three months ended June 30, 2024, were $480,907, a 16.7% increase from $411,870 for the same period in 2023[14] - The Security division reported revenues of $342,509 for the three months ended June 30, 2024, up from $269,103, representing a 27.2% increase[14] - Operating income for the total company for the three months ended June 30, 2024, was $62,818, compared to $57,151 for the same period in 2023, reflecting an increase of 9.3%[14] - The company reported a GAAP net income of $44,679 for the three months ended June 30, 2024, compared to $42,381 for the same period in 2023, an increase of 5.4%[17] - Non-GAAP net income for the three months ended June 30, 2024, was $49,680, up from $45,823 for the same period in 2023, reflecting a 4.0% increase[17] Future Outlook - Anticipated fiscal year 2025 revenues in the range of $1.620 billion to $1.650 billion, with non-GAAP adjusted EPS guidance of $8.80 to $9.15[6] - Strong Q4 backlog of approximately $1.7 billion, indicating robust demand and future revenue visibility[3] - Focus on new product development in the Healthcare division, particularly in patient monitoring, to drive future growth[5] Assets and Liabilities - Cash and cash equivalents increased to $95,353 as of June 30, 2024, from $76,750 as of June 30, 2023, marking a 24.2% increase[16] - Accounts receivable rose significantly to $648,155 as of June 30, 2024, compared to $380,845 as of June 30, 2023, an increase of 70.4%[16] - Total assets increased to $1,936,008 as of June 30, 2024, from $1,555,686 as of June 30, 2023, representing a growth of 24.4%[16] - The total liabilities increased to $1,072,525 as of June 30, 2024, from $829,521 as of June 30, 2023, an increase of 29.3%[16] Operating Income and Expenses - Total GAAP operating income for the company was $189.06 million, which is 12.3% of total sales[21] - Total operating income (loss) on a Non-GAAP basis was $212.22 million, representing 13.8% of total sales[21] - GAAP operating income for the Security Division was $183.27 million, representing 17.6% of sales[21] - Non-GAAP operating income for the Optoelectronics Manufacturing Division was $50.36 million, accounting for 13.1% of sales[21] - The Healthcare Division reported an operating income of $8.03 million, which is 4.7% of its sales[21] - Restructuring and other charges amounted to $6.39 million, representing 0.4% of total sales[21] - The Security Division's restructuring charges were $675,000, equating to 0.1% of its sales[21] - The Optoelectronics Manufacturing Division incurred restructuring charges of $3.55 million, or 1.0% of its sales[21] - Corporate/Elimination segment reported a loss of $41.68 million[21] Capital Management - Successful issuance of $350 million convertible senior notes at an interest rate of 2.25%, aimed at reducing borrowing costs[5] - Capital expenditures of $8.5 million and depreciation and amortization of $11.7 million reported for Q4 FY24[3]