OSI Systems Seen Positioned for Continued Organic Growth, Oppenheimer Says

MT Newswires Live
07/08

OSI Systems (OSIS) remains positioned for sustained organic revenue and earnings growth, supported by a record backlog and a strong security screening pipeline, Oppenheimer said in a Wednesday note.

The firm said the company's security backlog ended fiscal Q3 at a record $1.9 billion, marking 14 consecutive quarters of positive organic revenue.

Oppenheimer expects robust free cash flow in fiscal Q4, helped by additional collections from a large Mexico project after the company received $74 million early in the quarter.

The firm also expects the security business to benefit from the $235 million Golden Dome award, resumed US government order activity and potential US Customs and Border Protection contract awards in the coming months.

Oppenheimer maintained its outperform rating on OSI Systems and its $320 price target.

Price: 215.53, Change: -3.19, Percent Change: -1.46

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10