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In the latest session, Masimo Corp (NASDAQ: MASI) closed at $109.88 up 0.92% from its previous closing price of $108.88. In other words, the price has increased by $0.92 from its previous closing price. On the day, 1.04 million shares were traded. MASI stock price reached its highest trading level at $110.88 during the session, while it also had its lowest trading level at $102.49.
Ratios:
For a deeper understanding of Masimo Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on June 03, 2024, Upgraded its rating to Overweight and sets its target price to $160 from $126 previously.
On April 15, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $148 to $170.
Wells Fargo Upgraded its Equal Weight to Overweight on March 25, 2024, whereas the target price for the stock was revised from $117 to $160.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 26 ’24 when REYNOLDS CRAIG B sold 40,000 shares for $136.17 per share. The transaction valued at 5,446,616 led to the insider holds 7,406 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MASI now has a Market Capitalization of 5843659776 and an Enterprise Value of 6632240640. As of this moment, Masimo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.90, and their Forward P/E ratio for the next fiscal year is 27.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 3.357 whereas that against EBITDA is 30.634.
Stock Price History:
The Beta on a monthly basis for MASI is 0.95, which has changed by -0.02137512 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, MASI has reached a high of $153.93, while it has fallen to a 52-week low of $75.22. The 50-Day Moving Average of the stock is -11.77%, while the 200-Day Moving Average is calculated to be -6.18%.
Shares Statistics:
For the past three months, MASI has traded an average of 691.68K shares per day and 606310 over the past ten days. A total of 52.80M shares are outstanding, with a floating share count of 49.12M. Insiders hold about 7.65% of the company’s shares, while institutions hold 97.54% stake in the company. Shares short for MASI as of 1719532800 were 2667436 with a Short Ratio of 3.86, compared to 1717113600 on 4881417. Therefore, it implies a Short% of Shares Outstanding of 2667436 and a Short% of Float of 8.4.
