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As of close of business last night, Masimo Corp’s stock clocked out at $120.02, down -11.75% from its previous closing price of $136.00. In other words, the price has decreased by -$11.75 from its previous closing price. On the day, 2.33 million shares were traded. MASI stock price reached its highest trading level at $130.1 during the session, while it also had its lowest trading level at $115.2.
Ratios:
To gain a deeper understanding of MASI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.29. 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, Stifel on April 15, 2024, Upgraded its rating to Buy and sets its target price to $170 from $148 previously.
On March 25, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $117 to $160.
Jefferies Downgraded its Buy to Hold on January 30, 2024, whereas the target price for the stock was revised from $107 to $121.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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.
KIANI JOE E bought 6,365 shares of MASI for $1,000,342 on May 25 ’23. The CEO and Chairman of the Board now owns 366,055 shares after completing the transaction at $157.16 per share.
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 6334631424 and an Enterprise Value of 7905399808. As of this moment, Masimo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.81, and their Forward P/E ratio for the next fiscal year is 29.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 4.67. Its current Enterprise Value per Revenue stands at 4.001 whereas that against EBITDA is 35.95.
Stock Price History:
The Beta on a monthly basis for MASI is 1.03, which has changed by -0.22085363 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, MASI has reached a high of $188.14, 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 5.21%.
Shares Statistics:
It appears that MASI traded 520.20K shares on average per day over the past three months and 503020 shares per day over the past ten days. A total of 52.80M shares are outstanding, with a floating share count of 48.82M. Insiders hold about 7.74% of the company’s shares, while institutions hold 95.36% stake in the company. Shares short for MASI as of 1713139200 were 4041399 with a Short Ratio of 7.77, compared to 1710460800 on 4653720. Therefore, it implies a Short% of Shares Outstanding of 4041399 and a Short% of Float of 13.239999.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 6.0 analysts currently analyzing and rating the stock of Masimo Corp (MASI).On average, analysts expect EPS of $0.77 for the current quarter, with a high estimate of $0.83 and a low estimate of $0.68, while EPS last year was $0.62. The consensus estimate for the next quarter is $0.82, with high estimates of $0.91 and low estimates of $0.73.
Analysts are recommending an EPS of between $3.58 and $3.45 for the fiscal current year, implying an average EPS of $3.52. EPS for the following year is $3.91, with 7.0 analysts recommending between $4.18 and $3.52.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $503.26M. It ranges from a high estimate of $513M to a low estimate of $493M. As of the current estimate, Masimo Corp’s year-ago sales were $478.35MFor the next quarter, 7 analysts are estimating revenue of $510.56M. There is a high estimate of $522M for the next quarter, whereas the lowest estimate is $494.1M.
A total of 9 analysts have provided revenue estimates for MASI’s current fiscal year. The highest revenue estimate was $2.12B, while the lowest revenue estimate was $2.06B, resulting in an average revenue estimate of $2.1B. In the same quarter a year ago, actual revenue was $2.05BBased on 9 analysts’ estimates, the company’s revenue will be $2.23B in the next fiscal year. The high estimate is $2.28B and the low estimate is $2.17B.
