OSI Systems: We See The Risk/Reward Profile Favoring Upside, Says Roth Capital
Roth Capital analyst Jeff Martin today affirmed his Buy rating and $88.00 price target on OSI Systems, Inc. (OSIS), representing a potential upside of 32% from where the stock is currently trading.
Martin comments: We see OSIS shares trading into the $70s on today’s announced Iraq order. We believe the benefit to FY15 results is 8-9 points of additional revenue growth and EPS lift of $0.25-$0.30. Trading for 7.1x our FY15 adjusted EBITDA estimate (which excludes this order), we see the risk/reward profile favoring upside.
According to TipRanks.com, which measures analysts and bloggers success rate based on how their calls perform, analyst Jeff Martin currently has a one-year average return of 4.4% and a 56% success rate. Martin has a -6.7% when recommending OSIS, and is ranked #1760 out of 3212 analysts.