OSI Systems, Inc. (OSIS) Is Forming Bullish Inverse H&S at $67.11

April 17, 2018 - By Patrick Harkless

During Q4 2017 the big money sentiment increased to 1.4. That’s change of 0.29, from 2017Q3’s 1.11. 32 investors sold all, 41 reduced holdings as OSI Systems, Inc. ratio improved. 59 rose positions while 43 funds acquired positions. Funds hold 18.13 million shares thus 1.07% more from 2017Q3’s 17.94 million shares.
New Jersey Better Educational Savings Trust reported 6,000 shs. 12,999 are held by Supplemental Annuity Collective Tru Of Nj. Captrust Financial Advsrs accumulated 169 shs. Quantitative Inv Mgmt Limited Liability Company stated it has 28,800 shs. Riverhead Cap Management Ltd Liability Com holds 2,102 shs. Capstone Invest Advisors reported 8,066 shs. Primecap Mngmt Ca accumulated 391,500 shs. Blackrock holds 2.24M shs or 0.01% of its capital. Prudential Finance invested in 31,539 shs. The California-based California Pub Employees Retirement System has invested 0% in OSI Systems, Inc. (NASDAQ:OSIS). Great West Life Assurance Can invested 0% of its capital in OSI Systems, Inc. (NASDAQ:OSIS). Moreover, Arizona State Retirement Systems has 0.02% invested in OSI Systems, Inc. (NASDAQ:OSIS) for 29,968 shs. Pinebridge Invests Ltd Partnership reported 0.04% of its capital in OSI Systems, Inc. (NASDAQ:OSIS). First Personal Fin stated it has 0% in OSI Systems, Inc. (NASDAQ:OSIS). Parallax Volatility Advisers L P reported 2,646 shs stake.

OSI Systems, Inc. (OSIS) showed a H&SI chart setup today and has $69.79 [Target] or 4.00 % above today’s $67.11 price per share. The stock has $1.28 billion market cap. On Apr, 17 the H&SI chart setup was featured by Faxor.com. The valuation of OSIS can change by $51.04M if our $69.79 PT is touched.

On during the last trading session the stock increased $0.69 or 1.04%, reaching $67.11.Currently OSI Systems, Inc. is downtrending after 12.11% change in last April 17, 2017. OSIS has 135,297 shares volume. The stock underperformed the S&P 500 by 23.66%.

Analysts await OSI Systems, Inc. (NASDAQ:OSIS) to report earnings on April, 25. They expect $0.83 EPS, down 2.35 % or $0.02 from last year’s $0.85 per share. OSIS’s profit will be $15.78M for 20.21 P/E if the $0.83 EPS becomes a reality. After $0.97 actual EPS reported by OSI Systems, Inc. for the previous quarter, Wall Street now forecasts -14.43 % negative EPS growth.

OSI Systems, Inc. (NASDAQ:OSIS) Ratings Coverage

Total analysts of 3 have positions in OSI Systems (NASDAQ:OSIS) as follows: 2 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 67%. The firm has $108.0 highest while $70 is the lowest [Target]. The average target $85.33 is 27.15% above the last ($67.11) price. Since October 27, 2017 according to StockzIntelligence Inc OSI Systems has 6 analyst reports. On Monday, January 8 the stock of OSI Systems, Inc. (NASDAQ:OSIS) earned “Buy” rating by Jefferies. On Thursday, February 1 the stock has “Buy” rating by Roth Capital. On Thursday, December 7 the firm has “Buy” rating by Roth Capital given. On Friday, February 2 Jefferies downgraded the shares of OSIS in report to “Hold” rating. On Friday, October 27 the rating was maintained by Roth Capital with “Buy”.

OSI Systems, Inc. (NASDAQ:OSIS) Institutional Investors Chart

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