The closing price of Masimo Corporation (NASDAQ: MASI) was $167.58 for the day, down -3.00% from the previous closing price of $172.76. In other words, the price has decreased by -$5.18 from its previous closing price. On the day, 511283 shares were traded. MASI stock price reached its highest trading level at $174.58 during the session, while it also had its lowest trading level at $167.21.
Our analysis of MASI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
On December 05, 2022, Needham reiterated its Buy rating and also lowered its target price recommendation from $149 to $173.
On October 12, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $180.Jefferies initiated its Buy rating on October 12, 2022, with a $180 target price.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 15 when KIANI JOE E bought 7,040 shares for $144.79 per share. The transaction valued at 1,019,352 led to the insider holds 46,818 shares of the business.
KIANI JOE E bought 31,994 shares of MASI for $3,967,010 on Nov 14. The CEO and Chairman of the Board now owns 39,778 shares after completing the transaction at $123.99 per share. On Nov 11, another insider, KIANI JOE E, who serves as the CEO and Chairman of the Board of the company, bought 7,784 shares for $129.27 each. As a result, the insider paid 1,006,255 and bolstered with 7,784 shares of the company.
As of this moment, Masimo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.45, and their Forward P/E ratio for the next fiscal year is 38.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 7.02.
Stock Price History:
Over the past 52 weeks, MASI has reached a high of $237.85, while it has fallen to a 52-week low of $108.89. The 50-Day Moving Average of the stock is 145.15, while the 200-Day Moving Average is calculated to be 140.38.
MASI traded an average of 570.09K shares per day over the past three months and 518.44k shares per day over the past ten days. A total of 52.50M shares are outstanding, with a floating share count of 48.15M. Insiders hold about 0.80% of the company’s shares, while institutions hold 90.50% stake in the company. Shares short for MASI as of Oct 13, 2022 were 3.08M with a Short Ratio of 1.54M, compared to 3.29M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.87% and a Short% of Float of 8.04%.
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.92 for the current quarter, with a high estimate of $0.96 and a low estimate of $0.88, while EPS last year was $0.94. The consensus estimate for the next quarter is $1.25, with high estimates of $1.28 and low estimates of $1.22.
Analysts are recommending an EPS of between $4.52 and $4.38 for the fiscal current year, implying an average EPS of $4.45. EPS for the following year is $5.09, with 8 analysts recommending between $5.13 and $4.88.
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $544M to a low estimate of $527.18M. As of the current estimate, Masimo Corporation’s year-ago sales were $307.41M, an estimated increase of 73.50% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $617.16M, an increase of 88.40% over than the figure of $73.50% in the same quarter last year. There is a high estimate of $633.6M for the next quarter, whereas the lowest estimate is $607M.
A total of 8 analysts have provided revenue estimates for MASI’s current fiscal year. The highest revenue estimate was $2.04B, while the lowest revenue estimate was $2.01B, resulting in an average revenue estimate of $2.02B. In the same quarter a year ago, actual revenue was $1.24B, up 63.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $2.42B in the next fiscal year. The high estimate is $2.48B and the low estimate is $2.38B. The average revenue growth estimate for next year is up 19.70% from the average revenue estimate for this year.