These Analysts Cut Their Forecasts On OSI Systems After Q4 Results
OSI Systems (NASDAQ:OSIS) reported mixed Q4 results and weak FY27 guidance. Shares dropped 8.5% to $199.53. Analysts lowered price targets on the stock.
Read original at benzingaStocks · News reference
B. Riley Securities analyst Josh Nichols reiterates OSI Systems (NASDAQ:OSIS) with a Buy and lowers the price target from $320 to $265.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
OSI Systems (NASDAQ:OSIS) reported mixed Q4 results and weak FY27 guidance. Shares dropped 8.5% to $199.53. Analysts lowered price targets on the stock.
Read original at benzingaOSI Systems stock fell 9.9% after reporting mixed Q4 earnings, beating on non-GAAP earnings ($3.78 vs. $3.77 expected) but missing significantly on sales ($484.1M vs. $529.7M expected). Full-year results showed only 3% GAAP earnings growth and 4% sales growth, resulting in a 22x P/E ratio that appears expensive for the growth rate. However, strong free cash flow of $245.3M (13.3x P/CF ratio) and management's forecast of 8% sales growth and 11% earnings growth for 2027 suggest potential value if the stock continues to decline.
Read original at the-motley-foolOSI Systems shares are dipping Friday after it reported mixed Q4 results and issued FY27 sales guidance below Wall Street's estimates.
Read original at benzinga