OSI Systems' (OSIS) Prospects Ride on Expanding Order Book

Zacks04-11

OSI Systems OSIS is benefiting from an expanding order book across its Healthcare, Optoelectronics and Manufacturing, and Security segments. The company, renowned for its cutting-edge solutions, has ...

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The company, renowned for its cutting-edge solutions, has ...</p>\n\n<a href=\"https://finance.yahoo.com/news/osi-systems-osis-prospects-ride-163700027.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OSI Systems' (OSIS) Prospects Ride on Expanding Order Book</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOSI Systems' (OSIS) Prospects Ride on Expanding Order Book\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-11 00:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/osi-systems-osis-prospects-ride-163700027.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OSI Systems OSIS is benefiting from an expanding order book across its Healthcare, Optoelectronics and Manufacturing, and Security segments. The company, renowned for its cutting-edge solutions, has ...</p>\n\n<a href=\"https://finance.yahoo.com/news/osi-systems-osis-prospects-ride-163700027.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4157","symbol_name":"电子设备和仪器","start_time":0,"source_url":"https://finance.yahoo.com/news/osi-systems-osis-prospects-ride-163700027.html","article_id":"2426096446","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hb34T5JpqfOKFdxuauyatA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/560ce7090345bb7408c706b8e0a8c3fc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426096446","pubTimestamp":1712767020,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"OSI Systems, Inc. price-consensus-chart | OSI Systems, Inc. Quote. OSIS shares have gained 10.1% year to date, outperforming the Zacks Electronics – Miscellaneous Components industry’s growth of 1.8%.OSI Systems exited second-quarter fiscal 2024 with a backlog of nearly $1.8 billion, particularly in the Security and Optoelectronics and Manufacturing divisions. The company expects more robust performance from the Security division in the rest of fiscal 2024.The strong order book is expected to benefit top-line growth. For fiscal 2024, revenues are expected to increase more than 19% over fiscal 2023, while earnings are expected to increase more than 29% year over year.The Zacks Consensus Estimate for fiscal 2024 revenues stands at $1.52 billion, indicating 19.14% growth from 2023. The consensus estimate for earnings is pegged at $8.03 per share, unchanged over the past 30 days and indicating year-over-year growth of 29.31%.Currently, OSI Systems carries a Zacks Rank #3 .NVIDIA NVDA, Veev","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4157":"电子设备和仪器","OSI":"Osiris Acquisition Corp","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","VEEV":"Veeva Systems Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0058720904.USD":"联博国际健康护理基金A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","BK4167":"医疗保健技术","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4543":"AI","BK4527":"明星科技股","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","OSIS":"OSI Systems","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0289739699.SGD":"AB INTERNATIONAL HEALTH CARE PORTFOLIO \"A\" (SGD) ACC","BK4581":"高盛持仓","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","BK4504":"桥水持仓","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4549":"软银资本持仓","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4548":"巴美列捷福持仓","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4532":"文艺复兴科技持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","SNPS":"新思科技","BK4534":"瑞士信贷持仓"},"translate_title":"OSI Systems（OSIS）的前景依赖于不断扩大的订单","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VEEV":1,"SNPS":1,"OSIS":1,"OSI":1,"NVDA":1},"content_text":"OSI Systems OSIS is benefiting from an expanding order book across its Healthcare, Optoelectronics and Manufacturing, and Security segments. The company, renowned for its cutting-edge solutions, has secured a series of substantial contracts across its divisions, showcasing its versatility and prowess in diverse industries.OSI Systems’ Healthcare division, Spacelabs Healthcare, recently clinched an order valued at around $6 million. This order encompasses patient monitoring solutions and associated accessories for a prominent U.S.-based hospital. The inclusion of state-of-the-art technologies like Xhibit Central Stations and Xprezzon patient monitors underscores OSI Systems’ commitment to advancing patient care through sophisticated monitoring systems.OSI Systems’ Security division garnered a $5 million order to deploy advanced CT security screening systems at a major European airport. This deployment of 920CT baggage screening technology reflects the company's dedication to enhancing security infrastructure and optimizing passenger screening processes for a seamless travel experience.Further amplifying its presence in the security sector, OSI Systems has secured a substantial international contract valued at approximately $100 million. This contract encompasses the provision of cargo and vehicle inspection systems, along with comprehensive maintenance services and training.In the arena of medical technology, OSI Systems’ Optoelectronics and Manufacturing division has received an order worth approximately $15 million. This order entails the supply of critical electronic sub-assemblies for a renowned healthcare original equipment manufacturer known for its innovative medical solutions.\n \n\nOSI Systems, Inc. Price and Consensus  \nOSI Systems, Inc. price-consensus-chart | OSI Systems, Inc. Quote\n\n \nOSI Systems’ Prospects Strong\nOSIS shares have gained 10.1% year to date, outperforming the Zacks Electronics – Miscellaneous Components industry’s growth of 1.8%.OSI Systems exited second-quarter fiscal 2024 with a backlog of nearly $1.8 billion, particularly in the Security and Optoelectronics and Manufacturing divisions. The company expects more robust performance from the Security division in the rest of fiscal 2024.The strong order book is expected to benefit top-line growth. For fiscal 2024, revenues are expected to increase more than 19% over fiscal 2023, while earnings are expected to increase more than 29% year over year.The Zacks Consensus Estimate for fiscal 2024 revenues stands at $1.52 billion, indicating 19.14% growth from 2023. The consensus estimate for earnings is pegged at $8.03 per share, unchanged over the past 30 days and indicating year-over-year growth of 29.31%.\nZacks Rank & Stocks to Consider\nCurrently, OSI Systems carries a Zacks Rank #3 (Hold).NVIDIA NVDA, Veeva Systems VEEV and Synopsys SNPS are some better-ranked stocks in the broader sector, each flaunting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.Year to date, shares of NVDA, VEEV and SNPS have gained 71.8%, 11.4% and 10.4%, respectively.Long-term earnings growth rates for NVIDIA, Veeva and Synopsys are currently pegged at 30.93%, 24.09% and 17.51%, respectively.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nSynopsys, Inc. (SNPS) : Free Stock Analysis Report\nOSI Systems, Inc. (OSIS) : Free Stock Analysis Report\nVeeva Systems Inc. (VEEV) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426096446"}