OSI Systems, Inc. (OSIS - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. Shares moved up on news that it is purchasing American Science and Engineering Inc. (ASEI) for $200 million. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $49.44 to $53.91 over the past one-month time frame.
None of the estimates for this Electronics-Miscellaneous Components industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
OSI Systems has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
However, a better-ranked stock in the same space is Fabrinet (FN - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is OSIS going up? Or down? Predict to see what others think: Up or Down
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
OSI Systems, Inc. (OSIS - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. Shares moved up on news that it is purchasing American Science and Engineering Inc. (ASEI) for $200 million. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $49.44 to $53.91 over the past one-month time frame.
None of the estimates for this Electronics-Miscellaneous Components industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
OSI Systems has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
However, a better-ranked stock in the same space is Fabrinet (FN - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is OSIS going up? Or down? Predict to see what others think: Up or Down
Want 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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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