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NASDAQ:MASI

Masimo (MASI) Stock Price, News & Analysis

$142.95
-1.61 (-1.11%)
(As of 10/17/2024 ET)

About Masimo Stock (NASDAQ:MASI)

Key Stats

Today's Range
$141.03
$145.75
50-Day Range
$111.36
$144.56
52-Week Range
$75.36
$153.93
Volume
549,262 shs
Average Volume
682,973 shs
Market Capitalization
$7.60 billion
P/E Ratio
97.24
Dividend Yield
N/A
Price Target
$145.33
Consensus Rating
Moderate Buy

Company Overview

Masimo Corporation develops, manufactures, and markets various patient monitoring technologies, and automation and connectivity solutions worldwide. The company offers masimo signal extraction technology (SET) pulse oximetry with measure-through motion and low perfusion pulse oximetry monitoring to address the primary limitations of conventional pulse oximetry; Masimo rainbow SET platform, including rainbow SET Pulse CO-Oximetry products that allows noninvasive monitoring of carboxyhemoglobin, methemoglobin, hemoglobin concentration, fractional arterial oxygen saturation, oxygen content, pleth variability index, rainbow pleth variability index, respiration rate from the pleth, and oxygen reserve index, as well as acoustic respiration monitoring, SedLine brain function monitoring, NomoLine capnography and gas monitoring, and regional oximetry. It also provides brain function and hemodynamic monitoring solutions; patient position and activity tracking, and neuromodulation technology solutions; and Masimo Hospital Automation platform, including hospital automation solutions, including Patient SafetyNet, Patient SafetyNet Surveillance, SafetyNet, Replica, Iris, MyView, UniView, Uniview: 60, Masimo Sleep, Centroid, and Bridg; and nasal high-flow ventilation, neuromodulation therapeutics, and telehealth solutions. In addition, the company provides its products through direct sales force, distributors, and original equipment manufacturers partners to hospitals, emergency medical service and home care providers, long-term care facilities, physician offices, veterinarians, and consumers; and home wellness products through e-commerce internet sites, such as masimopersonalhealth.com, amazon.com, and shopify.com. Masimo Corporation was incorporated in 1989 and is headquartered in Irvine, California.

Masimo Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
70th Percentile Overall Score

MASI MarketRank™: 

Masimo scored higher than 70% of companies evaluated by MarketBeat, and ranked 356th out of 1,012 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Masimo has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Masimo has only been the subject of 3 research reports in the past 90 days.

  • Read more about Masimo's stock forecast and price target.
  • Earnings Growth

    Earnings for Masimo are expected to grow by 10.05% in the coming year, from $3.88 to $4.27 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Masimo is 97.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Masimo is 97.24, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 139.27.

  • Price to Book Value per Share Ratio

    Masimo has a P/B Ratio of 5.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Masimo's valuation and earnings.
  • Percentage of Shares Shorted

    7.06% of the float of Masimo has been sold short.
  • Short Interest Ratio / Days to Cover

    Masimo has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in Masimo has recently increased by 18.84%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Masimo does not currently pay a dividend.

  • Dividend Growth

    Masimo does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.06% of the float of Masimo has been sold short.
  • Short Interest Ratio / Days to Cover

    Masimo has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in Masimo has recently increased by 18.84%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Masimo has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Masimo this week, compared to 11 articles on an average week.
  • Search Interest

    7 people have searched for MASI on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Masimo to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Masimo insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 9.70% of the stock of Masimo is held by insiders.

  • Percentage Held by Institutions

    85.96% of the stock of Masimo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Masimo's insider trading history.
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MASI Stock News Headlines

BTIG Research Increases Masimo (NASDAQ:MASI) Price Target to $170.00
The most serious warning of my career
With the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election.
A Look Into Masimo Inc's Price Over Earnings
See More Headlines

MASI Stock Analysis - Frequently Asked Questions

Masimo's stock was trading at $117.21 on January 1st, 2024. Since then, MASI shares have increased by 22.0% and is now trading at $142.95.
View the best growth stocks for 2024 here
.

Masimo Co. (NASDAQ:MASI) released its quarterly earnings data on Tuesday, August, 6th. The medical equipment provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.09. Masimo's revenue was up 9.0% compared to the same quarter last year.

Masimo's top institutional shareholders include SG Americas Securities LLC (0.05%), Cardinal Capital Management (0.03%), Creative Planning (0.03%) and Lockerman Financial Group Inc. (0.03%). Insiders that own company stock include Joe E Kiani, Craig B Reynolds, Tao Levy, Adam Mikkelson and Micah W Young.
View institutional ownership trends
.

Shares of MASI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Masimo investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Broadcom (AVGO), Adobe (ADBE), ServiceNow (NOW) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
8/06/2024
Today
10/17/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
Health Care Equipment
Current Symbol
NASDAQ:MASI
CUSIP
57479510
Employees
5,200
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$145.33
High Stock Price Target
$170.00
Low Stock Price Target
$86.00
Potential Upside/Downside
+1.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$81.50 million
Pretax Margin
4.06%

Debt

Sales & Book Value

Annual Sales
$2.02 billion
Cash Flow
$5.74 per share
Book Value
$25.79 per share

Miscellaneous

Free Float
48,037,000
Market Cap
$7.60 billion
Optionable
Optionable
Beta
0.99

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This page (NASDAQ:MASI) was last updated on 10/17/2024 by MarketBeat.com Staff
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