On Tuesday, Masimo Corp (NASDAQ: MASI) opened lower -3.06% from the last session, before settling in for the closing price of $177.70. Price fluctuations for MASI have ranged from $91.60 to $178.11 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 20.89% over the past five years. Company’s average yearly earnings per share was noted 8.47% at the time writing. With a float of $49.24 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 50.05%, operating margin of 7.7%, and the pretax margin is 3.9%.
Masimo Corp (MASI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Masimo Corp is 8.03%, while institutional ownership is 94.93%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.25 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.95) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.00% during the next five years compared to -15.29% drop over the previous five years of trading.
Masimo Corp (NASDAQ: MASI) Trading Performance Indicators
Check out the current performance indicators for Masimo Corp (MASI). In the past quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.52. Likewise, its price to free cash flow for the trailing twelve months is 49.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.46, a number that is poised to hit 1.42 in the next quarter and is forecasted to reach 4.71 in one year’s time.
Technical Analysis of Masimo Corp (MASI)
Masimo Corp (NASDAQ: MASI) saw its 5-day average volume 0.7 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 87.57%. Additionally, its Average True Range was 5.34.
During the past 100 days, Masimo Corp’s (MASI) raw stochastic average was set at 92.16%, which indicates a significant increase from 72.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.43% in the past 14 days, which was lower than the 39.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $145.90, while its 200-day Moving Average is $130.73. Nevertheless, the first resistance level for the watch stands at $176.35 in the near term. At $180.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $182.61. If the price goes on to break the first support level at $170.09, it is likely to go to the next support level at $167.92. The third support level lies at $163.83 if the price breaches the second support level.
Masimo Corp (NASDAQ: MASI) Key Stats
There are currently 53,541K shares outstanding in the company with a market cap of 9.22 billion. Presently, the company’s annual sales total 2,048 M according to its annual income of 81,500 K. Last quarter, the company’s sales amounted to 504,600 K and its income totaled 9,800 K.
