Louisiana State Employees Retirement System Reduces Stake in OSI Systems, by 2.6%
April 11, 2023
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OSI ($NASDAQ:OSIS) Systems, Inc. is a company that designs and manufactures security and inspection systems for use in a variety of industries, including aviation, healthcare, defense, homeland security, and automotive. Recently, the Louisiana State Employees Retirement System (LASERS) reduced their ownership of OSI Systems, Inc. shares by 2.6% during the 4th quarter. This is significant as it is one of the largest shareholders of the company and held more than a million OSI Systems, Inc. shares prior to this reduction.
It is unclear why LASERS chose to reduce their stake in the company at this time, but it is likely due to the fact that the market for security and inspection systems is becoming increasingly competitive as other companies move in to fill the void left by OSI Systems, Inc. Overall, the decision by LASERS to reduce their stake in OSI Systems, Inc. may have negatively impacted the company’s stock price and market value. While this might not be a major blow to the company’s financials, it could be a sign of uncertain times ahead for OSI Systems, Inc. as they strive to remain competitive in a market that is becoming increasingly crowded.
Price History
The reduction was disclosed in a filing with the SEC. Following the announcement, OSI Systems stock opened at $101.4 on Monday and closed at $102.7, up 1.2% from its prior closing price of $101.4. This marks the first time in several years that LASERS has reduced its stake in OSI Systems, Inc., which specializes in security and inspection systems for critical infrastructure, airports, and government and commercial applications. It remains to be seen whether or not this will have any effect on the company’s performance going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Osi Systems. More…
| Total Revenues | Net Income | Net Margin |
| 1.19k | 104.09 | 9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Osi Systems. More…
| Operations | Investing | Financing |
| 68.53 | -16.18 | -85.37 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Osi Systems. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.47k | 818.48 | 38.43 |
Key Ratios Snapshot
Some of the financial key ratios for Osi Systems are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.5% | 1.1% | 11.7% |
| FCF Margin | ROE | ROA |
| 3.2% | 13.7% | 5.9% |
Analysis
Our analysis of OSI SYSTEMS‘s financials reveals a company with a high health score of 8/10 in terms of cashflows and debt. This indicates OSI SYSTEMS is capable of sustaining future operations in times of crisis. Furthermore, our Star Chart classifies OSI SYSTEMS as an ‘elephant’, indicating that it is rich in assets after deducting off liabilities. This makes OSI SYSTEMS an attractive prospect for investors looking for stability and security. In terms of other key considerations, OSI SYSTEMS is strong in profitability, medium in asset and weak in dividend and growth. As such, investors may be interested in this company if they are looking for a steady stream of income rather than long-term capital appreciation. More…
Peers
Its competitors include OMRON Corp, Invisio AB, Jenoptik AG.
– OMRON Corp ($TSE:6645)
As of 2022, Omron Corp had a market cap of 1.41T and ROE of 6.97%. It is a Japanese multinational electronics company that produces a wide variety of electronic components, equipment, and materials. Its products include switches, sensors, relays, contactors, and microcontrollers. The company also provides assembly equipment, automatic inspection machines, and robots.
– Invisio AB ($BER:ICQ)
Invisio AB is a company that designs, develops, and sells communication systems that enable users to communicate in high-noise environments. The company has a market cap of 664.87M as of 2022 and a return on equity of -1.95%. Invisio’s products are used by military, law enforcement, and industrial customers worldwide.
– Jenoptik AG ($LTS:0ZPV)
Jenoptik AG is a German holding company that operates in the optics and photonics industry. It is headquartered in Jena, Germany and was founded in 1984. The company provides products and services for the semiconductor, automotive, aerospace, defense, and medical industries. Jenoptik AG has a market cap of 1.57B as of 2022 and a Return on Equity of 8.63%.
Summary
OSI Systems, Inc. is an investor-watched company due to its recent performance in the stock market. This may be seen as an indicator of a potential decline in the stock price, although it is important to note that other investors may have different opinions as to the future prospects of OSI Systems, Inc. Investors should research the company further in order to make an informed decision on whether or not to invest. Factors such as financials, management, competitive landscape, and industry trends should all be considered when analyzing a company’s stock. Additionally, investors should consider their own risk tolerance, investment goals, and timeline when making any investment decisions.
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