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The price of Masimo Corp (NASDAQ: MASI) closed at $144.56 in the last session, up 0.44% from day before closing price of $143.93. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.76 million shares were traded. MASI stock price reached its highest trading level at $145.56 during the session, while it also had its lowest trading level at $142.7953.
Ratios:
We take a closer look at MASI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 58.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.59.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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.
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 7729753088 and an Enterprise Value of 8418336256. As of this moment, Masimo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 98.13, and their Forward P/E ratio for the next fiscal year is 33.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.83 while its Price-to-Book (P/B) ratio in mrq is 5.62. Its current Enterprise Value per Revenue stands at 4.174 whereas that against EBITDA is 39.69.
Stock Price History:
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 15.54%, while the 200-Day Moving Average is calculated to be 14.39%.
Shares Statistics:
According to the various share statistics, MASI traded on average about 775.32K shares per day over the past 3-months and 1054080 shares per day over the past 10 days. A total of 52.80M shares are outstanding, with a floating share count of 49.18M. Insiders hold about 8.04% of the company’s shares, while institutions hold 93.35% stake in the company. Shares short for MASI as of 1727654400 were 3469524 with a Short Ratio of 4.47, compared to 1724976000 on 3932894. Therefore, it implies a Short% of Shares Outstanding of 3469524 and a Short% of Float of 11.84.
