Trade-Ideas: OSI Systems (OSIS) Is Today's New Lifetime High Stock - TheStreet

Trade-Ideas LLC identified

OSI Systems

(

OSIS

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified OSI Systems as such a stock due to the following factors:

  • OSIS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.0 million.
  • OSIS has traded 914 shares today.
  • OSIS is trading at a new lifetime high.

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More details on OSIS:

OSI Systems, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of specialized electronic systems and components worldwide. The company operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. OSIS has a PE ratio of 26. Currently there is 1 analyst that rates OSI Systems a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for OSI Systems has been 120,700 shares per day over the past 30 days. OSI Systems has a market cap of $1.6 billion and is part of the industrial goods sector and industrial industry. The stock has a beta of -0.17 and a short float of 3.2% with 5.64 days to cover. Shares are up 18.3% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates OSI Systems as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Highlights from the ratings report include:

  • OSIS's revenue growth has slightly outpaced the industry average of 5.2%. Since the same quarter one year prior, revenues slightly increased by 2.5%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 29.89% over the past year, a rise that has exceeded that of the S&P 500 Index. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
  • 38.54% is the gross profit margin for OSI SYSTEMS INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 8.41% is above that of the industry average.
  • Net operating cash flow has significantly increased by 225.72% to $17.41 million when compared to the same quarter last year. In addition, OSI SYSTEMS INC has also vastly surpassed the industry average cash flow growth rate of 28.32%.
  • OSI SYSTEMS INC's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, OSI SYSTEMS INC increased its bottom line by earning $3.17 versus $2.32 in the prior year. This year, the market expects an improvement in earnings ($3.83 versus $3.17).

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