A new trading day began on Friday, with Masimo Corp (NASDAQ: MASI) stock price up 4.84% from the previous day of trading, before settling in for the closing price of $132.42. MASI’s price has ranged from $75.22 to $153.93 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 20.89% over the past five years. Meanwhile, its annual earnings per share averaged 2.42%. With a float of $49.18 million, this company’s outstanding shares have now reached $52.80 million.
Let’s look at the performance matrix of the company that is accounted for 9000 employees. In terms of profitability, gross margin is 49.28%, operating margin of 7.56%, and the pretax margin is 4.07%.
Masimo Corp (MASI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Masimo Corp is 8.04%, while institutional ownership is 93.35%. The most recent insider transaction that took place on Apr 26 ’24, was worth 5,446,616. In this transaction Director of this company sold 40,000 shares at a rate of $136.17, taking the stock ownership to the 7,406 shares.
Masimo Corp (MASI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 2.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.00% during the next five years compared to -15.29% drop over the previous five years of trading.
Masimo Corp (NASDAQ: MASI) Trading Performance Indicators
Here are Masimo Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.68. Likewise, its price to free cash flow for the trailing twelve months is 49.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.47, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 4.33 in one year’s time.
Technical Analysis of Masimo Corp (MASI)
Masimo Corp (NASDAQ: MASI) saw its 5-day average volume 1.08 million, a positive change from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 86.17%. Additionally, its Average True Range was 4.43.
During the past 100 days, Masimo Corp’s (MASI) raw stochastic average was set at 97.93%, which indicates a significant increase from 97.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.73% in the past 14 days, which was higher than the 41.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.61, while its 200-day Moving Average is $125.38. Nevertheless, the first resistance level for the watch stands at $141.41 in the near term. At $143.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $148.35. If the price goes on to break the first support level at $134.46, it is likely to go to the next support level at $130.09. Assuming the price breaks the second support level, the third support level stands at $127.52.
Masimo Corp (NASDAQ: MASI) Key Stats
With a market capitalization of 7.42 billion, the company has a total of 53,182K Shares Outstanding. Currently, annual sales are 2,048 M while annual income is 81,500 K. The company’s previous quarter sales were 496,300 K while its latest quarter income was 16,000 K.
