A new trading day began on January 24, 2023, with Masimo Corporation (NASDAQ: MASI) stock priced at $172.14, down -3.00% from the previous day of trading. During the day, the shares moved up to $174.60 and dropped to $167.205 before settling in for the closing price of $172.76. MASI’s price has ranged from $108.89 to $237.85 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 11.70%. Meanwhile, its annual earnings per share averaged -3.80%. With a float of $48.15 million, this company’s outstanding shares have now reached $52.50 million.
The extent of productivity of a business whose workforce counts for 2200 workers is very important to gauge. In terms of profitability, gross margin is +65.23, operating margin of +22.26, and the pretax margin is +22.14.
Masimo Corporation (MASI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Masimo Corporation is 0.80%, while institutional ownership is 90.50%. The most recent insider transaction that took place on Dec 15, was worth 1,019,352. In this transaction CEO and Chairman of the Board of this company bought 7,040 shares at a rate of $144.79, taking the stock ownership to the 46,818 shares. Before that another transaction happened on Nov 14, when Company’s CEO and Chairman of the Board bought 31,994 for $123.99, making the entire transaction worth $3,967,010. This insider now owns 39,778 shares in total.
Masimo Corporation (MASI) Latest Financial update
In its latest quarterly report, released on 9/29/2022, the company reported earnings of $1 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +18.53 while generating a return on equity of 15.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.90% during the next five years compared to -7.40% drop over the previous five years of trading.
Masimo Corporation (NASDAQ: MASI) Trading Performance Indicators
Here are Masimo Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.88. Likewise, its price to free cash flow for the trailing twelve months is 91.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.02, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 4.39 in one year’s time.
Technical Analysis of Masimo Corporation (MASI)
The latest stats from [Masimo Corporation, MASI] show that its last 5-days average volume of 0.53 million was superior to 0.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.99%. Additionally, its Average True Range was 5.19.
During the past 100 days, Masimo Corporation’s (MASI) raw stochastic average was set at 89.32%, which indicates a significant increase from 74.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.08% in the past 14 days, which was lower than the 44.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $146.28, while its 200-day Moving Average is $140.49. Now, the first resistance to watch is $172.39. This is followed by the second major resistance level at $177.19. The third major resistance level sits at $179.78. If the price goes on to break the first support level at $164.99, it is likely to go to the next support level at $162.40. The third support level lies at $157.60 if the price breaches the second support level.
Masimo Corporation (NASDAQ: MASI) Key Stats
With a market capitalization of 8.52 billion, the company has a total of 52,565K Shares Outstanding. Currently, annual sales are 1,239 M while annual income is 229,650 K. The company’s previous quarter sales were 549,300 K while its latest quarter income was 37,900 K.