Latest news with #OSISystems
Business Wire
a day ago
- Business
- Business Wire
OSI Systems to Participate in CJS Securities 25 th Annual Summer Conference
HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that the Company will be participating in the CJS Securities 25 th Annual Summer Conference. The event is scheduled for July 10, 2025 at the Metropolis Country Club in White Plains, NY. The Company will present and host one-on-one meetings with investors. About OSI Systems, Inc. OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end-product markets. For more information on OSI Systems, Inc. or any of its subsidiary companies, visit News Filter: OSIS-G
Globe and Mail
2 days ago
- Business
- Globe and Mail
OSI Systems Upsizes and Extends Credit Facility
OSI Systems, Inc. (NASDAQ: OSIS) (the 'Company' or 'OSI Systems') today announced the successful expansion and extension of its senior secured credit facility, increasing the total borrowing capacity from $750 million to $825 million. The facility is comprised of a $725 million revolving credit facility and a $100 million term loan. The amendment increases the flexibility of certain provisions and extends the maturity from December 2026 to July 2030. Alan Edrick, Executive Vice President and Chief Financial Officer, stated, 'We are pleased to have completed this transaction, which enhances our liquidity and financial agility to support our growth strategy. The improved terms include a more favorable pricing structure, fewer and less restrictive covenants, an increased accordion feature, and an extended maturity date. This deal underscores the strength of our business and reflects the ongoing confidence of our long-standing and new lending partners. With these enhancements and our expected strong cash flow generation in fiscal 2026, we are well-positioned to invest in strategic initiatives and drive long-term value.' Wells Fargo Securities, LLC, BofA Securities, Inc., JPMorgan Chase Bank, N.A., and PNC Capital Markets LLC served as Joint Lead Arrangers and Joint Bookrunners. Wells Fargo Bank, National Association, will serve as the Administrative Agent on the facility. About OSI Systems OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end-product markets. For more information on OSI Systems or any of its subsidiary companies, visit OSI Systems. News Filter: OSIS-G Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems' current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems' control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems' future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems' most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.
Business Wire
2 days ago
- Business
- Business Wire
OSI Systems Upsizes and Extends Credit Facility
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) (the 'Company' or 'OSI Systems') today announced the successful expansion and extension of its senior secured credit facility, increasing the total borrowing capacity from $750 million to $825 million. The facility is comprised of a $725 million revolving credit facility and a $100 million term loan. The amendment increases the flexibility of certain provisions and extends the maturity from December 2026 to July 2030. Alan Edrick, Executive Vice President and Chief Financial Officer, stated, 'We are pleased to have completed this transaction, which enhances our liquidity and financial agility to support our growth strategy. The improved terms include a more favorable pricing structure, fewer and less restrictive covenants, an increased accordion feature, and an extended maturity date. This deal underscores the strength of our business and reflects the ongoing confidence of our long-standing and new lending partners. With these enhancements and our expected strong cash flow generation in fiscal 2026, we are well-positioned to invest in strategic initiatives and drive long-term value.' Wells Fargo Securities, LLC, BofA Securities, Inc., JPMorgan Chase Bank, N.A., and PNC Capital Markets LLC served as Joint Lead Arrangers and Joint Bookrunners. Wells Fargo Bank, National Association, will serve as the Administrative Agent on the facility. About OSI Systems OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end-product markets. For more information on OSI Systems or any of its subsidiary companies, visit OSI Systems. News Filter: OSIS-G Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems' current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems' control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems' future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems' most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.
Business Wire
4 days ago
- Business
- Business Wire
OSI Systems Receives $10 Million Order for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (the 'Company' or 'OSI Systems') (NASDAQ: OSIS) today announced that its Security division has received an order valued at approximately $10 million from an international customer to provide the Eagle ® M60 ZBx, an advanced, multi-technology, mobile inspection system with combinational imaging for scanning cargo and vehicles at seaports, border crossings, and security checkpoints. OSI Systems' President and CEO, Ajay Mehra, stated, 'We are excited to provide the M60 ZBx, one of our most innovative solutions for scanning cargo and vehicles, using transmission X-ray technology for deeper penetration inspection of dense cargo and Z Backscatter ® technology for enhanced detection of organic threats and contraband with photo-like imaging for easier image interpretation.' About OSI Systems OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or its subsidiary companies, visit News Filter: OSIS-G Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems' current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems' control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems' future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems' most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.
Yahoo
26-06-2025
- Business
- Yahoo
Jabil (JBL) Taps AI Infrastructure Boom to Boost Earnings Per Share
Manufacturing solutions provider Jabil Inc. (JBL) is riding the artificial intelligence (AI) wave with impressive results. The company has successfully positioned itself as a key player in the AI infrastructure buildout, delivering top and bottom-line beats for the most recent quarter, driving the stock up roughly 25% in the past month. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Following an almost 45% year-to-date price increase, the stock is now trading at a valuation in line with its industry peers, such as Sanmina-Sci (SANM), OSI Systems (OSIS), and Plexus (PLXS), suggesting limited upside. Yet, strong momentum tends to feed on itself, and we could see the share price continue to run well into premium valuation levels from here. I am bullish about the company's long-term potential and see the current situation as a growth-at-a-reasonable-price (GARP) opportunity. Jabil has implemented a series of strategic initiatives designed to drive long-term growth across multiple high-potential sectors. The company announced a $500 million investment to build out AI infrastructure at its southeastern U.S. facilities, positioning itself as a key player in the fast-growing data center supply chain. It's also broadening its global footprint with a new plant in Gujarat, India, focused on silicon photonics and co-packaged optics for AI and telecom applications. In addition to deepening its core electronics business, Jabil is expanding into the healthcare sector. Its acquisition of Pharmaceutics International adds significant U.S.-based pharmaceutical manufacturing capacity, aligning with the rising demand for domestic drug production and the needs of an aging population. Further diversifying its future capabilities, Jabil is collaborating with Apptronik to manufacture humanoid robots and plans to deploy these Apollo robots across its own facilities, boosting internal efficiency while gaining expertise in advanced robotics supply chains. Jabil's third-quarter 2025 results exceeded expectations, with revenue rising 16% year-over-year to $7.8 billion, primarily driven by a 51% surge in its AI-related business, which now accounts for $3.4 billion. According to JBL, its Intelligent Infrastructure segment drove growth, with AI-related revenue 'contributing significantly,' while the regulated and Connected Living and Digital Commerce segments performed 'as planned'. On the earnings front, JBL reported EPS of $2.55 for its Q3 2025 results earlier this month, beating analyst expectations and bringing its forward P/E ratio (32.8) closer to the sector median (22.4). Importantly, JBL is consistently outperforming earnings expectations based on strong sales revenues, thereby indicating that AI infrastructure development continues to accelerate. Despite shifting toward faster-growing markets, the company maintained strong operating margins between 5.0% and 5.5%, reflecting disciplined execution. Financially, Jabil remains on solid footing, with a debt-to-core EBITDA ratio of just 1.4x and free cash flow exceeding $406 million. This robust cash generation supports continued investment in AI and positions the company to complete $1 billion in share repurchases by the end of the fiscal year. While Jabil's strong operational performance stands out, its valuation paints a more complex picture. The stock currently trades at a P/E of 40x—well above the Information Technology sector average of 21.8x, suggesting limited room for multiple expansion. Relative to peers, Jabil's valuation appears fair but not particularly cheap. Esco Technologies (ESE) trades at a similar 39.75x earnings, while Flex (FLEX) trades at the sector average. TTM Technologies (TTMI) commands a premium at 49x. Technical indicators remain favorable, with Jabil's stock trading well above key moving averages across all major time frames. Academic research supports the notion that momentum is a factor in stock outperformance, suggesting that JBL could continue its upward trend as long as positive price momentum persists. Jabil is rated as a Strong Buy on Wall Street, based on the most recent recommendations of eight analysts. Seven analysts are currently bullish, one is neutral, and none are bearish. JBL's average 12-month stock price target for JBL stock is $220, indicating a potential 6% upside from current levels. Wall Street responded favorably to the latest financials, with several analysts raising their price targets for the stock. For instance, Bank of America's Ruplu Bhattacharya increased the price target for JBL from $225 to $245, while maintaining a Buy rating, noting projections for Jabil's FY26 and FY27 are more optimistic than the general market consensus, suggesting further growth in operating margins and revenue. Argus Research's Jim Kelleher also upgraded Jabil to a Buy rating from Hold, citing significant outperformance in revenue and earnings for Q3, and a return to positive annual topline growth. He noted the recent results are driven by strong underlying business momentum. Similarly, Raymond James' Melissa Fairbanks raised its price target from $170 to $230, while reiterating a Strong Buy rating, highlighting Jabil's growth in key markets and improvements in its margin profile. Fairbanks considers Jabil a top pick among Electronics Manufacturing Services providers due to its effective business diversification strategy and the evidence of successful execution. Jabil is emerging as a compelling transformation story, well-positioned in high-growth markets. Its strategic investments in AI infrastructure, global diversification, and healthcare manufacturing are building long-term competitive advantages that could fuel continued outperformance. While its valuation leans toward the higher end, growth-oriented investors may find it justified given Jabil's shift into faster-growing sectors. Backed by strong fundamentals, I remain bullish on the stock and view it as a solid GARP (growth at a reasonable price) opportunity. Disclaimer & DisclosureReport an Issue
