Market Overview

UPDATE: Benchmark Company Reiterates Buy Rating, Raises PT on OSI Systems

Share:

In a report published Wednesday, Benchmark Company reiterated its Buy rating on OSI Systems (NASDAQ: OSIS), and raised its price target to $85.00.

Benchmark noted, “OSI Systems is scheduled to report its Q1FY13 results on Tuesday, October 23. The conference call is at 12PM EDT. We expect OSI to report an in-line or better quarter and think upside could come from lower than expected Mexico start-up costs as well as additional revenue contribution from the almost fully operational Puerto Rico fee-per-scan program. Our Q1 sales and EPS estimates are $176 million and $0.35 vs. consensus estimates of $182 million and $0.29; our estimates assume 15% growth in Security, 4% growth in Healthcare, and 5% growth in Optoelectronics, with an operating margin of 7%. Announced bookings in the quarter were $18 million.”

OSI Systems closed on Tuesday at $77.79.

Latest Ratings for OSIS

DateFirmActionFromTo
Aug 2019MaintainsBuy
Aug 2018MaintainsBuyBuy
Feb 2018DowngradesBuyHold

View More Analyst Ratings for OSIS
View the Latest Analyst Ratings

Posted-In: Benchmark CompanyAnalyst Color Price Target Analyst Ratings

 

Related Articles (OSIS)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
SWKSCascendReiterates100.0
IBMWells FargoMaintains140.0
PNCWells FargoMaintains147.0
TWOUDA DavidsonMaintains17.0
IDYAOppenheimerInitiates Coverage On17.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on The Coca-Cola Company

Benzinga Mid-Morning Market Update