The stock of Masimo Corp (MASI) has seen a -11.77% decrease in the past week, with a -18.40% drop in the past month, and a -12.50% decrease in the past quarter. The volatility ratio for the week is 2.55%, and the volatility levels for the past 30 days are at 2.56% for MASI. The simple moving average for the last 20 days is -13.61% for MASI stock, with a simple moving average of 3.65% for the last 200 days.
Is It Worth Investing in Masimo Corp (NASDAQ: MASI) Right Now?
The price-to-earnings ratio for Masimo Corp (NASDAQ: MASI) is above average at 80.52x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for MASI is 48.82M, and currently, short sellers hold a 8.28% ratio of that floaft. The average trading volume of MASI on May 08, 2024 was 520.20K shares.
MASI) stock’s latest price update
The stock of Masimo Corp (NASDAQ: MASI) has decreased by -13.06 when compared to last closing price of 136.00. Despite this, the company has experienced a -11.77% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-07 that Masimo Corporation (NASDAQ:MASI ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Eli Kammerman – Vice President of Business Development & Investor Relations Joe Kiani – Chairman & Chief Executive Officer Micah Young – Executive Vice President & Chief Financial Officer Conference Call Participants Rick Wise – Stifel Marie Thibault – BTIG Vik Chopra – Wells Fargo Mike Polark – Wolfe Research Operator Good afternoon ladies and gentlemen and welcome to Masimo’s First Quarter 2024 Earnings Conference Call. The company’s press release is available at www.masimo.com.
Analysts’ Opinion of MASI
Many brokerage firms have already submitted their reports for MASI stocks, with Stifel repeating the rating for MASI by listing it as a “Buy.” The predicted price for MASI in the upcoming period, according to Stifel is $170 based on the research report published on April 15, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see MASI reach a price target of $160, previously predicting the price at $117. The rating they have provided for MASI stocks is “Overweight” according to the report published on March 25th, 2024.
Jefferies gave a rating of “Hold” to MASI, setting the target price at $121 in the report published on January 30th of the current year.
MASI Trading at -13.07% from the 50-Day Moving Average
After a stumble in the market that brought MASI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.15% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares sank -18.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.40% lower at present.
During the last 5 trading sessions, MASI fell by -13.01%, which changed the moving average for the period of 200-days by +3.42% in comparison to the 20-day moving average, which settled at $135.56. In addition, Masimo Corp saw 0.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MASI starting from REYNOLDS CRAIG B, who sale 40,000 shares at the price of $136.17 back on Apr 26 ’24. After this action, REYNOLDS CRAIG B now owns 7,406 shares of Masimo Corp, valued at $5,446,616 using the latest closing price.
KIANI JOE E, the CEO and Chairman of the Board of Masimo Corp, purchase 6,365 shares at $157.16 during a trade that took place back on May 25 ’23, which means that KIANI JOE E is holding 366,055 shares at $1,000,342 based on the most recent closing price.
Stock Fundamentals for MASI
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.49 for the gross margin
The net margin for Masimo Corp stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 5.88, with 2.61 for asset returns.
Based on Masimo Corp (MASI), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is 3.99.
Currently, EBITDA for the company is 262.6 million with net debt to EBITDA at 2.85. When we switch over and look at the enterprise to sales, we see a ratio of 3.51. The receivables turnover for the company is 4.31for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.
Conclusion
In a nutshell, Masimo Corp (MASI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
